CHICAGO, April 9 (UPI) -- Walgreens, the country's largest drugstore chain, announced plans to close 200 of 8,232 stores in order to cut $500 million in costs.
The company that merged with European drug retailer Alliance Boots last year, to form Walgreens Boost Alliance, said that the store closures were part of a larger plan to reduce costs by $1.5 billion by the end of the 2017 fiscal year.