Walgreens May Close 25 Percent of US Stores Amid ‘Difficult Operating Environment’

The company has approximately 8,600 U.S. stores and approximately 12,500 international locations, with more than 330,000 employees worldwide.

The Walgreens logo is displayed at a Walgreens store in Los Angeles, Calif., on Oct. 31, 2023. Mario Tama/Getty Images

Walgreens Boots Alliance announced plans to close a significant number of its underperforming U.S. stores over the next three years, as revealed during an investor earnings call on June 27.

This decision comes amid financial challenges and an evolving retail pharmacy landscape which the company outlined in the call regarding the company’s third-quarter 2024 earnings.