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A handful of Walgreens Retail Pharmaceutical Stores It is expected to be permanently closed in southern California.
The company plans to close five places in Vitier, Los Angeles, Orange, Palace and Stenton in late March.
“Increasing regulatory pressures and repayment” influencing the “ability of” cover “of rent, staff and costs provided for the decision of the Pharmaceutical Store Shop for Shutters.
“When closure is necessary, such as items here In California“We will work with the community stakeholders to minimize customer disorders,” the company said. “
Walgreens unveiled last year's “Reds Optimization Program”, which is said to require about 1,200 locations over a three -year period. (Joe Raedle / Getty Images / Getty Images)
Los Angeles Daily News reported on future closures.
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A corridor and a prescription mark at a Walgreens store in New York City. (Lindsey Nicholson/UCG/Universal Images Group via/Getty Images)
This after the news about dozens of Walgreens stores in San Francisco It was closed late this month. The company had previously cited the effect of “increasing regulatory and repayment pressure” on the costs of those locations.
Dozens of Walgreens stores in San Francisco to close
Walgreens unveiled last year's “Reds Optimization Program”, which is said to require about 1,200 locations over a three -year period. The company said at the time: “In total, 500 people will have 2025 shutters in fiscal year.”
CEO of Ventor Team Last month, the company said, “Our rotation stone is stabilizing the US retail pharmaceutical trade” and that Wallerinz is “progressing on several home pages of the project”, including a footprint optimization program. Showed it.
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He said the company is “waiting for (from) our future traces to support stronger performance.”
The exterior of the Walgreens Store in Mill Valley, California, can be seen on January 6, 2022. (Justin Sullivan / Pictures of Gitti / Getlage Pictures)
“At present, we are seeing comparable front -selling in our store fleet, which we see from stores that have approximately 250 basic points and pharmaceutical scripts comparable to approximately 390 basic points,” Wentworth said. ” “To clarify, even with our future traces, we need to execute our long -term business initiative and consumer conflict. However, this data supports from our point of view that smaller footprints for the company We will be healthier.
In the first quarter of the 2025 fiscal year, Alliance Boots Walgreens produced $ 39.46 billion. The company announced a net loss of $ 265 million or 31 cents per share.
| Tick | Security | The last | Change | Changing % |
|---|---|---|---|---|
| WBA | Walgreens Boots Alliance Inc. | 9.47 | +0.11 |
+1.18 % |