While the exact number of stores to be closed down is still being finalized, Walgreens tried to rebrand itself initially by slashing down its prices, Sales Employee Tracking giving record discounts, in a bid to entice customers and keep them glued to their store but to no avail as out of the 8,500 stores under operation in the US, a quarter of them was severely underperforming, a fact which the CEO explained along with stating Sales Employee Tracking that this was a reason why the quarterly earnings of this year was also below par compared to the expectations.
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