Walgreens Boots Alliance announced in October 2024 its plans to close approximately 1,200 stores across the United States as the pharmacy chain struggles with slumping consumer spending. At the time, the chain said the closures would occur within three years, starting with about 500 stores being shuttered in fiscal year 2025, which ends in August.

We will continue to execute our previously announced turnaround plan aimed at stabilizing the retail pharmacy, including our footprint optimization program,” Walgreens said i