Walgreens’ $10B Private Equity Deal Raises Alarms Over Potential Closure of 1,200 Pharmacies by 2027
Walgreens, one of the largest pharmacy chains in the United States, recently announced a major $10 billion private equity split. This financial move has sparked serious concerns about the future accessibility of pharmacy services across the country. Experts warn that as many as 1,200 Walgreens stores may close by 2027, potentially affecting millions who rely on these pharmacies for their everyday health needs. The reason behind this decision is primarily business-driven, aiming to streamline Walgreens’ operations and increase profitability. However, the impact on local communities, especially in small towns and underserved urban areas, could be significant. Access to essential medicines…