Subscribe for free to our flagship newsletter, MMR: This Week in Retail, for updates and insights across the omnichannel retail spectrum.

Skip to content

MMR

Walgreens to close 500 locations this year

Walgreens to close 500 locations this year

The restructuring efforts follow Walgreens' $10 billion acquisition by private equity firm Sycamore Partners earlier this month, which is known for acquiring struggling retail brands and has a track record of implementing cost-cutting measures.