Walgreens plans to close 1,200 stores over three years. After 70 closed September to November 2024, 450 more will close in 2025, ... Could a Walgreens near me be closing?

Walgreens has been faced this pressure from PBMs for many years, and gross margin for the US retail pharmacy segment has declined accordingly, from 25.7% in fiscal 2017 to 21.7% in fiscal 2022.