Industry News

Walgreens To Close 1,200 Stores

500 will be shuttered in fiscal 2025.

Shoppers are stopping into stores like Walgreens for fragrance and skincare.

Walgreens Boots Alliance (WBA) has announced that will close 1,200 stores over the next three years. The retailer said 500 of those closures will occur in fiscal 2025.

WBA currently operates 12,500 locations across the US, Europe and Latin America and employs approximately 312,000 people. Its portfolio of consumer brands includes Walgreens, Boots, Duane Reade, the No7 Beauty Company and Benavides in Mexico.

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