Author: Adam Levy

Walgreens goes private in $10 billion deal to drive turnaround

Drugstore giant enters buyout agreement with Sycamore Partners Walgreens Boot Alliance has 12,500 retail pharmacy locations in the United States, Europe and Latin America. (CoStar) By Linda Moss CoStar News March 6, 2025 | 7:19 P.M. It’s a tumultuous time for struggling U.S. drugstore chains, and Walgreens Boots Alliance is trying to execute its turnaround by […]

Torrent of US store closings surges on as crafts retailer Joann to shut 500 stores

Chain looks to shed more than half its locations Joann’s second bankruptcy filing in less than a year is resulting in a wave of store closings. (CoStar) By Linda Moss CoStar News February 12, 2025 | 4:15 P.M. This year’s surge of U.S. store closings is raging on unabated, with sewing-crafts retailer Joann now planning to […]

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