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Walgreens to close 200 stores

Sales are up for Walgreens, but the drugstore chain is planning to close down 200 stores nationwide. The closings and some reorganization within the Deerfield corporate headquarters are part of a billion-dollar cost-cutting plan that was announced last summer. Today's announcement also indicated Walgreens brought in more than 26-and-a-half-billion dollars in revenue, which was up, but still fell short of analysts' projections.

Walgreens does have a store in Rochelle. The company has yet to announce which stores will be closed in the future.

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