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1 week ago

Walgreens to close Chicago store after losing over $1M due to rampant theft, falling sales

Walgreens announced plans to close a location on Chicago's South Side next month as the store's profitability suffered due to elevated levels of theft as well as a decline in prescription sales.The pharmacy chain revealed the reasons behind its decision to close the Walgreens at 86th in Cottage Grove in the Chatham neighborhood of Chicago at a town hall in the community on Saturday."I'm here today because we're closing the store at 86th and Cottage Grove. But I just want to make sure everyone understands closing stores [is] not our goal. This is the last resort," Walgreens regional Vice Presid...

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1 week ago
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