Walgreens said Wednesday that it will shutter 600 stores early next year following its $4.4 billion Rite Aid deal. The closures will be mostly Rite Aid stores, but may include some Walgreens locations, per Crain’s Chicago Business. The company plans to shut down stores within a mile of another Walgreens or Rite Aid location. The closings will start next spring and will continue over an 18-month period. The move is expected to cost Walgreens (NASDAQ: WBA) $450 million, but should save the Deerfield,…
from https://www.bizjournals.com/baltimore/news/2017/10/25/walgreens-to-shutter-600-stores-as-part-of-rite.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/166789345727
No comments:
Post a Comment