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4Mon·

Walgreens ($WBA (+0.99%)) has announced that it plans to sell a significant portion of its approximately 8,600 stores stores.

The company is reviewing around 25 % of its unprofitable locations and could close a "significant portion" of them in the next few years - The Wall Street Journal.

6 Comments

Enrique@Der_Dividenden_Monteur

4Mon

From a shareholder perspective, I think that's positive. Close unprofitable businesses and concentrate more on those that generate sales.

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Divids@Divids

4Mon

That reminds me: isn't Walgreens Realty's biggest tenant?

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But T.@But_the_Stock_Picked_Me

2Mon

Anyone think there's still hope at Walgreens?

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