Walgreens will close 1,200 underperforming stores by 2027, with 500 of the closures taking place in the next 12 months. The Deerfield-based drugstore chain is the latest Illinois corporation to announce major changes to their business operations.

The Deerfield-based drugstore chain is the latest Illinois corporation to announce major changes to their business operations.

The drugstore chain Walgreens said it plans to close roughly 1,200 stores over the next three years, which includes 500 closures in fiscal 2025 alone.

Charles Schwab, Bank of America, Johnson & Johnson, Walgreens, UnitedHealth Group Morgan Stanley, Procter & Gamble and Abbott Laboratories all report earnings.

Rite Aid, Walgreens and CVS store closures are leading to pharmacy “deserts” and some blame PBMs, which are currently being sued by the federal government.

A man who allegedly stole items from a south suburban Walgreens and pointed a gun at workers was shot and killed by an employee who possessed a concealed carry license, authorities said.

A man who allegedly stole items from a south suburban Walgreens and pointed a gun at workers was shot and killed by an employee who possessed a concealed carry license, authorities said.

Walgreens has announced its plans for the 2024 holiday season and once again the pharmacy chain will largely be closed for one winter holiday.

Walgreens agreed to pay $106 million to settle lawsuits that alleged it submitted false payment claims with government health care programs for prescriptions that were never dispensed.

A recall on apple juice due to potentially harmful levels of arsenic has been expanded to include products sold at several national retailers.