Acne treatments sold by Proactiv and Walgreens Boots Alliance are being recalled because they are contaminated with a cancer-causing chemical called benzene, the US Food and Drug Administration said Tuesday.

The nation’s second-largest pharmacy chain was already in the process of closing thousands of underperforming stores, adding to mass closures in Ohio and nationwide.

CVS Health is rolling out a new and smaller pharmacy format amid hundreds of drugstore closures across the retail pharmacy industry and investor pressure to boost profits.

There are plenty of reasons to be skeptical that private equity will help Walgreens get out of turbulent times.

Walgreens, located at 1800 Airport Road, was temporarily evacuated Monday after management received a phone call indicating a bomb had been planted in the building and "demanding money," Garland County Sheriff Mike McCormick told The Sentinel-Record.

Walgreens Boots Alliance is set to be acquired by buyout firm Sycamore Partners for $10 billion, going private. Here's what to know in Michigan.

From Monaco, Stefano Pessina built a retailer valued at about $100 billion. It agreed to go private this week for roughly $10 billion.

The company will continue to operate under the name Walgreens and its headquarters will remain in the Chicago area.

Shares of Walgreens Boots Alliance have lost about half their value in the past year, as the chain has faced pressure in its retail and pharmacy businesses.

Acne treatments sold by Proactiv and Walgreens Boots Alliance are being recalled because they are contaminated with a cancer-causing chemical called benzene, the US Food and Drug Administration said Tuesday.