WALGREENS is closing five stores in Maine as one of the country’s largest drugstore chains eliminates its underperforming locations.
This comes after its CEO confirmed widespread closures across the US this year.
The locations of five more store closures were recently revealed, according to WMTW 8 Portland News.
These locations are:
- 123 Main Street, Fairfield, ME 04937
- 35 Park St, Milo, ME 04463
- 713 Congress St, Portland, ME 04102
- 461 Main St, Saco, ME 04072
- 233 US-1, Scarborough, ME 04074
Walgreens will close a significant portion of its approximately 8,600 U.S. stores, Walgreens Boots Alliance chief executive Tim Wentworth said Wall Street Journal.
“We recognize that where we are is a turnaround,” he said.
“We recognize that we need to focus on what are the parts of the business that we believe are contributing and having a futureand some of them need to change,” he added.
Some locations have already closed.
Walgreens stores have permanently closed, temporarily closed, and temporarily closed some of its pharmacies.
Among those that have closed permanently are:
- 606 Walnut St, Des Moines, IA 50309
- 124 E Main St, Newark, DE 19711
- 3301 Lancaster Pike, Wilmington, DE 19805
- 4201 Concord Pike, Wilmington, DE 19803
- 32979 Coastal Hwy, Bethany Beach, DE 19930
- 842 E Main St, Danville, IL 61832
- 210 E Barnett Rd, Medford, OR 97501
- 1900 Maryland Ave, Wilmington, DE 19805
- 5602 Pacific Ave, Tacoma, WA 98408
- 1805 N Brady St, Davenport, IA 52803
- 4220 Missouri Flat Rd, Placerville, CA 95667
- 840 El Camino Ave, Sacramento, CA 95815
- 1400 N Grand Blvd, St.
- 14048 Woodward Ave, Highland Park, MI
- 25 Peachtree St, Atlanta, GA 30303
- 4121 Hoover Ave, Dayton, OH 45402
- 6199 Sunrise Blvd, Citrus Heights, CA 95610
- 78 Main St, Westfield, MA 01085
- 918 Riverview Dr, Kalamazoo, MI 49048
The US Sun wrote about other closures, amid fears of a retail apocalypse.
More than 3,000 large retail stores will close this year alone.
Chicago, according to an exclusive report from the US Sun, is among the US cities that are at risk of being seriously affected by this situation.
Walgreens History
Walgreens operates one of the largest pharmacy chains in the US.
The company specializes in filling prescriptions, offering health and wellness products, providing health information and providing photography services.
Founded in Chicago in 1901, Walgreens is headquartered in Deerfield, Illinois, a suburb of Chicago.
On December 31, 2014, Walgreens merged with Swiss-based Alliance Boots to form a new holding company, Walgreens Boots Alliance.
Walgreens became a subsidiary of this new entity, which remains headquartered in Deerfield and trades on the Nasdaq under the symbol WBA.
In 2021, a federal jury found that Walgreens contributed significantly to the opioid crisis.
In June 2024, Walgreens announced plans to close a “significant portion” from its 8,600 U.S. locations by 2027.
This story originally appeared on The-sun.com read the full story
