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Walgreens planning to close several stores

Posted by wlpo on April 9, 2015

Walgreens plans to close about 200 U.S. stores as they expand on a $1 billion cost-reduction plan.

The Illinois-based drug store says it also will reorganize its corporate operations and streamline its information technology and other functions. Walgreens expects the moves to add $500 million to its estimated cost savings from its three-year plan.

Company officials say they are still putting together the list of stores that will close.

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