By Ramishah Maruf Source: CNN Walgreens expects to close 150 locations in the United States and 300 locations in the United Kingdom, Walgreens Boots Alliance CFO James Kehoe said in the company’s earnings call this week. The pharmacy chain reported lower earnings on Tuesday compared to the same quarter last [...]
By Melissa Repko Source: CNBC CVS Health said Thursday that it will close about 900 stores over the next three years, as it adjusts to shoppers who are buying more online. Shares rose 2.81% to close at $95.34. With the day’s gains, CVS shares are up about 40% this year, [...]
By Alexi Chidbachian Source: Fox 11 Los Angeles Grocery store workers and members of the community are calling on Kroger to stop closing stores in their neighborhood. Employees and customers of a Ralphs market in the Pico-Robertson neighborhood held a press conference and Passover Seder on March 25th urging Kroger to [...]
Kroger, the parent company of Ralphs and Food 4 Less, will soon shut down two stores in Long Beach, California in response to the city imposing a “hero pay” increase of $4 per hour for some grocery store workers. A Ralphs and a Food 4 Less are slated to close [...]