Companies Closing Locations Through 2026

Walgreens plans to close roughly 350 stores across the United States as part of an ongoing effort to cut costs and stabilize operations. The closures follow years of declining foot traffic, reimbursement pressure in pharmacy services, and increased competition from online and big-box retailers.

The company has said many of the affected locations are underperforming or located too close to other Walgreens stores. By reducing its physical footprint, Walgreens aims to improve profitability, streamline operations, and focus on healthcare services, digital pharmacy offerings, and higher-performing retail locations.