Walgreens is closing 1,200 stores. CVS is closing 900. Rite-Aid is closing 500. What is going on with America’s drug stores?

America’s biggest pharmacy chains are closing hundreds of stores, laying off thousands of workers and rethinking their role ...

America’s biggest pharmacy chains are laying off thousands of workers and rethinking their roles in our lives. What went ...

Over the past couple of years, both CVS and CMS (the Medicare agency) have suffered data breaches of varying degrees.The ...

The two suspects accused of robbing a series of CVS Pharmacies in Johnson County are part of an organized retail theft ring, ...

Walgreens says about a quarter of its stores are unprofitable. Big pharmacy chains are struggling with growing retail ...

Drug store chains are struggling because of lower reimbursement rates for prescription drugs, according to analysts who cover ...

Walgreens announced plans to close 1,200 stores over three years. Its CEO previously has said roughly a quarter of locations ...

Walgreens is the latest drugstore chain to fall victim to an ailing economy, as it announced plans to close a whopping 1,200 stores.

It's been a very tough year for pharmacies. Today, Walgreens announced it's closing 1,200 stores across the country over the next three years. The locations are yet to be determined.

Walgreens plans to close 1,200 stores, including 500 by 2025, after posting a $3 billion loss, the company announced Tuesday.

That announcement came less than two years after the company said it would spend billions to expand the business.