Insider Today: Millennial money mistake

Last week, Walgreens announced it would shutter 1,200 stores over the next three years, the latest casualty of a nationwide “retail apocalypse.”

A perfect storm of external factors — like the rise of e-commerce and the convoluted way Americans pay for healthcare — helped usher in the corner drugstore’s demise. It’s turning the country into a shopping wasteland.

RIP, OTC.

Also read:

• The US is facing a drugstore graveyard as stores close. Filling the leftover spaces is the next challenge.

This week’s quote:

“Microsoft has really disappointed so many of our customers.”

— Salesforce CEO Marc Benioff as competition between the two companies heats up.

More of this week’s top reads:

• More than 1,000 older Americans shared their biggest life regrets.
• To work at Google, you must embody “Googleyness.” Here’s what that means.
• Building more weird homes could help bring down housing prices.
• Americans are quitting their jobs at the lowest rate in years. It’s bad news for job seekers.
• Resume stalking on LinkedIn can help you reverse-engineer the career you want.
• More employers say they don’t care if you went to college, but most still seem to.
• Medicare coverage will change in 2025. Some boomers are already struggling to keep up with bills.
• Disney’s CEO plan sparks speculation around Bob Iger’s drawn-out succession.

• How The Wall Street Journal’s editor is remaking the paper.

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  The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York. Jordan Parker Erb, editor, in New York. Grace Lett, editor, in Chicago. Amanda Yen, fellow, in New York.