Walgreens is preparing to close up to 25% of its 8,600 stores in the U.S. by 2027 and there are fears from many people that several of those stores could be in Maine. Editor’s note: A previous version of this article reported five specific locations in Maine that would be closing, citing reporting by Hearst-owned magazine Good Housekeeping. A Walgreens representative has since told Maine’s Total Coverage and Good Housekeeping an official list has not been released by the company and they cannot announce any specific closures at this time. In a statement, the company says roughly 25% of its stores are “not contributing to our long-term strategy” and that they are working on a plan that will likely include closing many of those locations.According to recent reporting from CNN and The Associated Press, Walgreens C.E.O. Tim Wentworth said he’s closing stores that aren’t profitable, adding that more consumers are going online to fill their scripts and buy pharmacy standards like greeting cards and candy. As Wentworth continues to evaluate the company’s performance, more closures could be announced in the coming years.
Walgreens is preparing to close up to 25% of its 8,600 stores in the U.S. by 2027 and there are fears from many people that several of those stores could be in Maine.
Editor’s note: A previous version of this article reported five specific locations in Maine that would be closing, citing reporting by Hearst-owned magazine Good Housekeeping. A Walgreens representative has since told Maine’s Total Coverage and Good Housekeeping an official list has not been released by the company and they cannot announce any specific closures at this time.
In a statement, the company says roughly 25% of its stores are “not contributing to our long-term strategy” and that they are working on a plan that will likely include closing many of those locations.
According to recent reporting from CNN and The Associated Press, Walgreens C.E.O. Tim Wentworth said he’s closing stores that aren’t profitable, adding that more consumers are going online to fill their scripts and buy pharmacy standards like greeting cards and candy.
As Wentworth continues to evaluate the company’s performance, more closures could be announced in the coming years.
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