For first time in 92 years, Walgreens suspends quarterly dividend amid financial struggles
The change is aimed at improving Walgreens’ finances by reducing debt over time and improving cash flow, the company said.
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Walgreens turnaround continues with 450 stores to be closed this year
Walgreens is continuing to close stores as part of its turnaround plans. The thinning of Walgreens locations has been in the works. Walgreens said in October 2024 it planned to close about 1,200 ...