Walgreens will close up to 2,150 stores nationwide – which will likely result in a headcount reduction of around 57,000 employees

Wentworth also said in an interview with the Wall Street Journal that the company has not settled on a final number of locations to close.

Walgreens operates roughly 8,700 stores in 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands, according to its website.

Wentworth also told the Wall Street Journal that Walgreens will reduce its stake in primary-care provider VillageMD and will no longer be the company’s majority owner.

Wentwort said the company is focused on improving its core business: retail pharmacy. The company is launching a “retail pharmacy action plan” that will “invest in and deliver an improved customer and patient experience across channels,” according to the strategic review section of the fiscal results.

https://www.usatoday.com/story/money/2024/06/27/walgreens-stores-closing/74229908007/

Walgreens will close up to 2,150 stores nationwide – which will likely result in a headcount reduction of around 57,000 employees #MacroEdge

— MacroEdge (@MacroEdgeRes) June 27, 2024