The closures will occur within the next three years, starting with 500 stores being shuttered in fiscal year 2025, Walgreens announced Tuesday.

Walgreens plans to close about 1,200 locations over the next three years as the drugstore chain seeks to turnaround its struggling U.S. business

The pharmacy chain said Tuesday the closures will occur within the next three years, starting with 500 stores being shuttered in fiscal year 2025.

Walgreens’ stock has been hammered this year as consumer shopping patterns have changed, but its CEO says store closures “will realign our footprint to a healthier store base.”

Walgreens is planning to close around 1,200 locations, as the drugstore chain and its rivals struggle to define their role for U.S. shoppers who no longer look to them first for convenience.

Walgreens plans to close around 1,200 stores over the next three years as the chain tries to turn around its struggling U.S. business.

will shut down in the next year.

It operates about 8,700 retail pharmacy locations in the U.S. Get daily updates on the Packers during the season. While Walgreens exceeded its target of slashing $1 billion in costs in the last fiscal year,