Walgreens expects to close 150 US stores, CFO says

(NEXSTAR) - Dozens of Walgreens locations in the U.S. will likely close as the pharmacy retail chain continues to undergo cost-saving initiatives. The company expects to close 150 stores in the U.S. and another 300 in the U.K., executive vice president and global chief financial officer James Kehoe said during last week’s third-quarter earnings call with investors. Walgreens hasn’t announced what stores will be closing or when closures could begin, and the company has yet t