BUSINESS BRIEFING / RETAIL
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Times Wire Reports
Walgreen Co. plans to add beer and wine to its stores, marking a return to a business it exited more than a decade ago.
The country’s largest drugstore chain expects to roll out the category to Walgreens stores nationwide in the next 12 to 18 months as part of a broader attempt to drive traffic and boost sales.
The return to carrying alcohol comes as the chain looks for ways to restore profit growth, including making over stores, cutting costs and expanding its healthcare businesses.
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