Pharmacy chain Walgreens announced Thursday that it would close a significant number of its U.S. stores, after cutting its full-year profit outlook.
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The pharmacy giant told investors that shaky consumer spending was affecting its retail operations. But some said the company’s strategy was also to blame.
Pharmacy chain Walgreens announced Thursday that it would close a significant number of its U.S. stores, after cutting its full-year profit outlook.
An increasingly challenging pharmacy industry and consumer environment hurt Walgreens Boots' (WBA) bottom line in the third quarter of fiscal 2024.
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