Walgreens will close 1,200 underperforming stores by 2027, with 500 of the closures taking place in the next 12 months.
While Walgreens hasn’t disclosed locations yet, those who frequent the stores for its pharmacy or grocery fear their go-to store could be on the list.Christine Coleman, who lives in Chicago's East Garfield Park neighborhood, said the Walgreens at Madison and Western is convenient and essential to her neighborhood."Everything that happens like that happens to us first," said Karl Simmons, who also lives in the West Side neighborhood.
"It makes a lot of sense what they are doing," said Rich Hollander, managing partner at Axcelor, a consulting firm with a network of more than 40 retail executives."I think they are three or four years behind the times."Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weekly
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Walgreens says it will close 1,200 stores by 2027, as earnings top estimatesThe drugstore chain Walgreens said it plans to close roughly 1,200 stores over the next three years, which includes 500 closures in fiscal 2025 alone.
Read more »
Suspected thief dies after being shot by store employee at Walgreens in south suburban ChicagoSuspected thief shot by store employee at Walgreens in south suburban Chicago
Read more »
City of San Antonio, firefighters union approve landmark agreement through 2027SAN ANTONIO - In a landmark decision, the San Antonio City Council has approved a new collective bargaining agreement between the City of San Antonio and the Sa
Read more »
Sidney Crosby contract: Extension keeps Penguins star in Pittsburgh through 2027.The new extension will keep Crosby in Pittsburgh until he’s just shy of his 40th birthday.
Read more »
Alamo launches work on modern visitor center to open in 2027A decade of debate, disputes, controversies and compromises is coming down to actual construction of the Alamo Visitor Center and Museum.
Read more »
Cal Will Face BYU in Football in 2026 and 2027Bears complete their 2025 nonconference schedule with a game against Texas Southern
Read more »