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'Retail apocalypse' forces Walgreens to axe 150 stores by summer 2024: Chain says sales have been hit by plummeting demand for Covid vaccines and tests

[Daily Mail, where America gets its news]

Shares in the pharmaceutical chain this week fell to their lowest in 11 years

Company blamed the end of the pandemic and declining demand for Covid-19 products for the closures

It comes amidst a widespread 'retail apocalypse' hurting bricks and mortar stores

The chain will also axe 300 of its sister brand 'Boots' locations in the UK.

It has around 13,000 stores in total across the US, Europe and Latin America.

Related:
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Posted by: Skidmark 2023-07-01

http://www.rantburg.com/poparticle.php?ID=671235