( ) -q-20- UNDATED (Correspondent Jeremy House) “those 21-hundred stores.” Walgreens is finalizing a plan to fix its business that could result in the closure of hundreds of additional stores in the next three years. [CutID: <Cuts> WALGREENS-STORES-house-q-FRIam.mp3 Time: 20s Title: WALGREENS-STORES-house-q-FRIam Out-cue: those 21-hundred stores] TAG: Correspondent Jeremy House reporting. ——————— VERBATIM: CEO Tim […]
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Walgreens to take a hard look at underperforming stores, could shutter hundreds more
( ) -q-20- UNDATED (Correspondent Jeremy House) “those 21-hundred stores.”
Walgreens is finalizing a plan to fix its business that could result in the closure of hundreds of additional stores in the next three years.
[CutID: <Cuts> WALGREENS-STORES-house-q-FRIam.mp3
Time: 20s
Title: WALGREENS-STORES-house-q-FRIam
Out-cue: those 21-hundred stores]
TAG: Correspondent Jeremy House reporting.
———————
VERBATIM: CEO Tim Wentworth says “changes are imminent” for about 25% of the company’s stores, which he claims are underperforming. The drugstore chain currently runs more than 8,600 stores in the United States. Wentworth said the company’s plan could include the closing of a “significant portion” of those 2,100 stores.