Walgreens to Close 200 Stores
Deerfield-based Walgreens Boots Alliance will cut 200 stores in America and will "reorganize corporate and field operations." It's a move the drug store chain hopes will save $1.5 billion over the next three years. How many jobs will be cut? Will streamlining operations help meet profit estimates? And is the company eyeing other acquisitions? Crain's Chicago Business retail reporter Brigid Sweeney gives us the bottom line.