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Description: Amid its international growth plan to cut $1.5 billion in costs, Walgreen Boots Alliance (WBA)new management team led by Italian billionaire Stefano Pessina said 200 U.S. stores would close amid the restructuring and integration of two iconic brands.

Source: Forbes.com

Date: April 09, 2015

Link: http://www.forbes.com/sites/brucejapsen/2015/04/09/expense-of-going-global-means-walgreens-to-close-200-u-s-stores/

Questions for Discussions:

  • Why is Walgreens closing stores?
  • How will this decision affect its finances?
  • Do the reported financials look good to you?

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