Walgreens is finalizing a plan to fix its U.S. business that includes closing stores over the next three years to deal with rising business expenses and competition from Walmart, Amazon and other discount retailers.
Challenges in the retail environment and the pharmacy industry have led Walgreens Boots Alliance to consider closing as many as 25% of its U.S. retail stores. These Walgreens stores do not contribute to the firm’s adjusted operating income…