Walgreens to close Chicago store after losing over $1M due to rampant theft, falling sales ^65.1%

Fox Business - By Eric Revell - 5/11/2026, 6:08 PM

Negativity Bias 33.8% - Post Hoc (False Cause) 28.8% - Framing Effect 23.1%

Walgreens announced plans to close a location on Chicago's South Side next month as the store's profitability suffered due to elevated levels of theft as well as a decline in prescription sales. The pharmacy chain revealed the reasons behind its decision to close the Walgreens at 86th in Cottage Grove in the Chatham neighborhood of... more