Walgreens Closing Stores

August 7, 2019 12:30 pm

CYBERSPACE (AP) – Walgreens is looking to cut costs. And to do so, it’s cutting the number of stores it operates in the U.S. The company says it is shuttering 200 stores – a move it says will reduce costs by $1.5 billion over the next few years. Previously, Walgreens announced plans to close 200 stores in the U.K. In all, Walgreens operates more than 18,000 stores worldwide – but has also been struggling because of a decrease in revenue.