Walgreens is suspending its quarterly dividend payments to stockholders as the company works to free up cash to reduce debt and fund its long-term turnaround.

Walgreens announced last year an ambitious plan to close nearly a quarter of its 8,600 stores scattered throughout the U.S.

Walgreens is continuing to close stores as part ... "We expect to significantly ramp the pace of our store closures from the first quarter level," he said. "When you look at our stores, the ...

A decision to close Walgreens on Main Street in Asbury Park is part of a plan to shutter 1,200 poor performing stores nationwide.

Walgreens closing 12 stores in San Francisco; Bayview-Hunters Point neighborhood losing last 2 store 02:18 Walgreens announced it was closing a dozen stores in San Francisco because of what it ...

Walgreens Boots Alliance Inc.’s stock could see its best day on record Friday after the troubled drugstore chain posted another loss but blew past estimates on an adjusted basis and said it ...

Walgreens’ plan to combat increasing theft by locking products up at their stores has hurt sales, the company’s CEO said in a recent earnings call.

A dedicated team has been formed to focus exclusively on store closures and it has already identified the next 450 locations to be shuttered. A Walgreens spokesperson declined to provide the ...