Business
Walgreens branches closing soon in California: Complete list and closing date

Last year, pharmacy store chain Walgreens announced it would be closing down 1,200 stores, with 500 scheduled to be shut down this year.
Customers of the drugstore in San Francisco, California, will be affected next month, as several branches will be closed in the city.
Walgreens is shuttering the locations because it is unable to cover rising operating costs, the company announced in a statement.
“Our retail pharmacy business is critical to our future business strategy. However, increased regulatory and reimbursement pressures are impacting our ability to cover the costs associated with rent, staffing and supply needs,” according to the statement.
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The pharmacy giant said the decision to close a store is never easy.
“We know that our stores are important to the communities that we serve, and therefore do everything possible to improve the store performance. When closures are necessary, such as those here in San Francisco, we will work in partnership with community stakeholders to minimize disruption to customers,” the company said.
Walgreens stores closing soon in California: Full list
According to the statement released by Walgreens, these 12 stores will close in San Francisco between Feb. 24 and Feb. 27, 2025.
- 1201 Taraval Street
- 3201 Divisadero Street
- 1363 Divisadero Street
- 825 Market Street
- 1750 Noriega Street
- 5280 Geary Boulevard
- 1524 Polk Street
- 1301 Franklin Street
- 1189 Potrero Avenue
- 135 Powell Street
- 1630 Ocean Avenue
- 5300 3rd Street
In October of last year, Walgreens announced in an earnings report it would close 1,200 unprofitable stores across the United States, with the goal of “immediately increasing adjusted earnings per share and free cash flow.”
Like other pharmacy chains, Walgreens has been affected by competition from Amazon, as well as declining drug reimbursement rates, as mentioned by the company in its press release regarding the closures in San Francisco. In addition, retail companies in general have experienced a decline in consumer spending, likely related to inflation and price increases.
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