Walgreens Is Closing 1,200 Stores and Investors Should Expect Even More Big Moves in the Future
Walgreens Boots Alliance(WBA) The Motley Fool·2024-11-07 21:30
The struggling pharmacy retailer still has a tough road ahead.Walgreens Boots Alliance (WBA -4.05%) is in the midst of a significant turnaround. New CEO Tim Wentworth is trying to improve the company's financials and make the stock a much more appealing option for long-term investors. It won't be easy amid rising costs and heightened competition.By becoming leaner and shedding unprofitable stores, Walgreens can hopefully make strides in getting back to breakeven and being in a better position to consistentl ...