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Walgreens reported Q3 earnings that exceeded Wall Street's expectations, yet it is shutting down 200 stores in the US. This decision, along with CVS closing thousands of stores, is part of a retail strategy adjustment amidst
market competition. To address inflation, Walgreens is slashing prices on more than 1,500 items. These measures reflect the company's efforts to maintain profitability and market position in the challenging retail environment.
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