 Walgreens says it is planning to close more stores, quote, a significant number. The pharmacy chain has already shuttered hundreds of locations in recent months, but is now blaming inflation for further cuts. The financial health of Walgreens has been touch and go for years. Same with its rivals. CVS, Walgreens and Rite Aid have been closing stores. Rite Aid has filed for bankruptcy. Walgreens has more than 8,700 locations. It's been trying to reorganize its business, at one point trying to become more of a primary care provider.