Walgreens Stores Closing: Full List of Locations Set to Shutter This Year
Summary
Walgreens is closing 15 stores in 12 states and Washington, D.C. as part of a plan to shut about 1,200 underperforming locations over three years. The company is focusing on keeping stores that are more profitable due to financial pressures, changes in shopping habits, and more competition from online pharmacies.Key Facts
- Walgreens plans to close roughly 1,200 stores over three years starting in 2024.
- So far in 2026, 15 Walgreens stores have been confirmed closing in 12 states plus Washington, D.C.
- Illinois has the highest number of confirmed closures this year, with four stores shutting down.
- Walgreens aims to close locations that lose money, have expiring leases, or do not perform well.
- The company was bought by Sycamore Partners and taken private in 2025.
- About 75% of Walgreens’ revenue comes from pharmacy sales, not retail items like shampoo.
- Declining pharmacy reimbursement rates and a shift to online prescription services are hurting Walgreens’ business.
- Competitors like CVS and Rite Aid have also reduced their number of stores recently.
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