Walgreens to Close 1,200 Stores as It Seeks to Turn Around Business
In a significant move reflecting the challenges within the U.S. retail pharmacy sector, Walgreens has announced plans to close approximately 1,200 underperforming store locations. This announcement came during the company’s fourth quarter and full fiscal year report, where it also…
7-Eleven Closing Hundreds of Stores, as Parent Company Restructures Business
In a significant shift for the convenience store sector, 7-Eleven, Inc. has announced the closure of 444 underperforming stores across North America. This move comes in light of a troubling trend: the chain has seen declining customer traffic for six…
