Walgreens Closing Several Locations – Is Your Town Affected?
Walgreens is closing stores in 2024. Here’s the scoop!
Your local Walgreens may be shutting down! Walgreens CEO Tim Wentworth announced to analysts on Thursday that “changes are imminent” for a significant portion of underperforming stores.
About 1 in 4 Walgreens locations seem to struggle to make ends meet. Wentworth declared that almost 25% of the over 8,500 Walgreens locations will see changes, and for many, this includes fully shuttering the store.
So far, we only know of a few actual closings. You can see the current list here.
According to AP News, Walgreens has closed over 2,000 stores in the past decade. With several more closures to come, these numbers don’t look great for Walgreens.
Stockholders share the sentiment as the stock has plummeted over 22% today. 😬
Walgreens stores are closing despite some new efforts to draw in customers…
It was less than a month ago that we reported how Walgreens was trying to help out customers by cutting prices on over 1,300 items this summer.
The company also offers a rewards program for customers as well as a weekly ad stocked full of deals. Plus, even when the prices aren’t the best, the convenience sometimes pays off.
Unfortunately, these efforts just aren’t enough to halt the closures. We’re crossing our fingers that our locations aren’t on the list. 🤞
How do you feel about the possibility of more Walgreens closing?
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Honestly, this doesn’t surprise me. There are 20 Walgreens within 7 miles from my house. Seriously! In Arizona, they are on almost every corner.
Noooo! I love my local wags! So sad 😞 my fave sac county location in CA is shutting their doors! I love rolling register rewards week after week and the curbside pickup as well as drive thru pharmacy will be missed. There are of other Walgreens near me, but I am saddened to see two familiar ones on the closing list . I feel terrible for folks losing jobs. Always a sad moment for those families.
This isn’t surprising. There is only one location in my area, a suburb of a larger city and the people there are RUDE! Flat out rude! They seem bothered anytime you have a question or need any kind of help. I stopped shopping there years ago because the service is terrible.
These people are overworked and underpaid. Plus they have to deal with customers who want fast results while the pharmacist is making sure no one dies with incorrect medications or possible interactions with other medications they may be taking. I really feel bad for them. Most work 10 hour shifts on their feet all day long. I think the issue is the prices of medication is going up and insurance companies are reimbursing less.