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Walgreens is continuous to shut underperforming shops in 2026, though the pharmacy chain is reportedly planning fewer closures than beforehand projected.
The corporate is anticipated to shut fewer than 100 shops in 2026, down from earlier inside projections of roughly 700, Inc. reported.
Walgreens introduced in October 2024 that it supposed to shutter roughly 1,200 underperforming shops over three years as a part of a broader turnaround effort.
On the time, the corporate mentioned it anticipated to shut about 500 shops throughout fiscal 2025, primarily concentrating on places that have been producing adverse money movement, in accordance with Reuters.
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A Walgreens retailer March 6, 2025, in Mill Valley, Calif. Walgreens is reportedly persevering with to shut underperforming shops in 2026. (Justin Sullivan/Getty Photographs)
The closure technique was reportedly scaled again after Walgreens went non-public in 2025, in accordance with Inc.
Walgreens continues to function 1000’s of shops throughout the U.S. and stays one of many nation’s largest pharmacy chains.
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Individuals store at a Walgreens Nov. 6, 2025, within the Brooklyn borough of New York Metropolis. Walgreens introduced in October 2024 that it supposed to shutter roughly 1,200 underperforming shops. (Spencer Platt/Getty Photographs)
The corporate confirmed to USA At the moment that the next places have just lately closed or are scheduled to shut. The closures have been beforehand reported by Inc., native information shops or Walgreens’ web site:
- District of Columbia: One Washington location
- Illinois: Two Chicago shops and one Rockford location
- Missouri: One retailer in Bridgeton and one other in St. Louis
- New Jersey: One Bogota location scheduled to shut Aug. 6
- New York: One Brooklyn location
- South Carolina: One Beaufort location scheduled to shut Aug. 6
- Texas: A Houston distribution middle
- Virginia: One Arlington location
- Washington: One Seattle location
- Wisconsin: One Milwaukee retailer
One of many Chicago closures highlights the monetary and operational pressures behind a number of the firm’s selections.
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Walgreens continues to function 1000’s of shops throughout the U.S. (Christopher Dilts/Bloomberg by way of Getty Photographs)
Walgreens introduced earlier this yr it was closing its location close to 86th Road and Cottage Grove Avenue in Chicago’s Chatham neighborhood after the placement struggled with declining prescription gross sales and elevated ranges of theft.
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“I am right here right now as a result of we’re closing the shop at 86th and Cottage Grove. However I simply wish to make sure that everybody understands closing shops [is] not our objective. That is the final resort,” Walgreens regional Vice President Reginald Johnson mentioned in Could, in accordance with FOX 32 Chicago.
Walgreens couldn’t instantly be reached by FOX Enterprise for remark.
FOX Enterprise’ Eric Revell contributed to this report.
