Earlier this week, several media outlets reported that Walgreens is in negotiation discussions for a potential sale to private equity firm Sycamore Partners. With Walgreens’ debt and flagging in-store clinics, a major overhaul seems likely regardless. A few weeks ago, the retail pharmacy giant said it would be closing 1,200 locations over the next few years after reporting a $3 billion loss in the fourth quarter of 2024. A deal with Sycamore Partners would take …
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