It is said that five walgreens stores in southern California are closed

A handful of Walgrens pharmacy stores In southern California is expected to be closed permanently.

The company plans to close five sites in Whiter, Los Angeles, Orange, Passetta and Stanton in late March, as Walgrens emphasized Fox Business.

And the jungle said in a statement, “Increasing the pressure of regulation and payment” that affects the “ability to cover” rental costs and employees and display in the decision of the pharmacy store chain to close the sites.

“When the closures are necessary, such as those here In CaliforniaThe company said: “We will work in partnership with stakeholders in society to reduce customer disorders.”

Los Angeles Daily News mentioned earlier about the next closure.

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This comes after the news of ten walgrens stores in San Francisco Facing the closure later this month. The company previously cited the effect of “increasing the pressure of regulation and payment” on the costs of these sites as well.

Dozens of Walgrens stores in San Francisco to close

Walgrens revealed the “improved improved program” last year, which he said required to get rid of about 1,200 sites over a period of three years. The company said at the time that a total of 500 stipulations in the fiscal year 2025.

CEO, Tim Wintworth “The cornerstone in our conversion to the stability of the American retail pharmacy” and that Walgrens “showed progress across many major panels in this plan,” he said during the US retail pharmacy, “and that Walgrens” showed progress across many major panels in this plan, “including the improved fingerprint program.

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He said that the company “expects (s) the fingerprint of the future to support stronger performance.”

“Currently, we see the sales of the front approach in the detained store fleet that excels on those stores scheduled to be closed this year by about 250 basis points and comparaable pharmaceutical texts of about 390 basis points.” “To be clear, even with a future imprint, we have to implement our long -term initiatives and consumer participation for growth. However, this data supports our view that the smaller fingerprint will be healthier for our company.”

In the first quarter of the fiscal year 2025, Walgrens Boots Alliance $ 39.46 billion in sales. The company told a net loss of $ 265 million, or 31 cents per share.

index	protection	last	Changing	% Change
WBA	Walgrens Boots Alliance Inc.	9.47	+0.11	+1.18 %