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Deefield-Based Walgreens Announces Closure of 76 Stores Across U.S.

In an effort to save up to $50 million, 76 unprofitable Walgreens locations will be shuttered, the Chicago Tribune reports.

Credit: Patch.com
Credit: Patch.com
Deerfield-based retail giant Walgreens plans to shutter 76 unprofitable stores across the country in an effort to save up to $50 million, the Chicago Tribune reports.

Most of the closures, though specific locations were not named in a Tuesday investor conference, will occur in towns where other Walgreens are currently located, the article states. Meanwhile, Walgreens reports it will still have a net increase of up to 75 stores in new locations. 

The Chicago Tribune has more on this story
McCloud March 25, 2014 at 07:55 PM
They can collect Obamacare free, maybe unemployment, if not welfare, medicaid, perhaps even disability. The record number of people on all of these programs just shows what a wondeful job our President has done. Heck, they can kick back and watch others shows like old classics, Andy Griffith, Threes Company, ect. Catch up on the classics, like Nancy Pelosi said, why be tied down to a job for goodness sake.
Jon Hall March 25, 2014 at 09:28 PM
The stock has risen nearly $30 / share in the last 15 months. Guess you're just a sore loser who doesn't know better than to stay on the sidelines and take your beating, just another whiner who cut a hole in their pants pockets so you could learn to multiply times zero.
Deerfield Resident March 26, 2014 at 09:50 AM
If you like to do business with a company that pays in 120 days....then sign a contract with walgreens! (no caps)
Deerfield Resident March 26, 2014 at 09:52 AM
.....they're impossible to work with!
Mark Myers March 27, 2014 at 02:01 AM
Always a good idea to dump the bad stores before you sell the company. Mr. Walgreen The Founder is spinning in his grave!

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