USA. Walgreens lays off staff and closes 150 drugstores

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4 July 2023 à 18h18

Updated on 7 July 2023 à 14h36

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1 minute

Publication: 4 July 2023 à 18h18, Updated on 7 July 2023 à 14h36

Reading time: 1 minute

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Publication

4 July 2023 à 18h18

Updated on 7 July 2023 à 14h36

Reading time

1 minute

Publication: 4 July 2023 à 18h18, Updated on 7 July 2023 à 14h36

Reading time: 1 minute

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Walgreens is continuing a shift towards healthcare, 18 months after C.E.O. Rosalind Brewer, former n°2 at Starbucks arrived. The drugstore chain (sales of US$35.4 billion in Q3 2023, up by 8.6%) plans to close 150 stores in the U.S.A. (out of 9,000) and 300 in the U.K. by the end of May 2024. To further reduce costs, the pharmacy chain has announced the loss of 500 jobs, or 10% of the U.S. workforce. To improve long-term profitability, the firm intends to focus investments on telehealth and...

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