Walgreens, a privately owned company headquartered in the US, was founded in 1901 and employs approximately 78,180 individuals. The company operates as the second-largest pharmacy store chain in the United States, specializing in retail pharmacies, filling prescriptions, offering health and wellness products, providing health information, and delivering photo services.
Apple Card users can currently receive an enhanced 5% Daily Cash bonus, up from the usual 3%, on purchases made at Walgreens and Duane Reade via Apple Pay through May 20. This offer limits the maximum cash back to $25 on up to $500 in combined purchases. Previously, on March 20, Walgreens initiated layoffs and began shutting down stores, including its Houston Distribution Center and implementing workforce reductions in Illinois. This development follows a broader trend reported on March 19, indicating that Walgreens, along with other retail pharmacies like CVS and Rite Aid, has been closing locations since 2022, with hundreds more scheduled for closure in 2026.
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