Walgreens plans to shut nine stores in Massachusetts by the end of April, according to reports. The announcement comes as part of the company’s larger plan to close around 1,200 locations worldwide, with 500 closing this fiscal year.
The move is part of a broader trend among pharmacy chains like Walgreens, CVS, and Rite Aid, which are struggling in a changed retail landscape. Increased regulatory and reimbursement pressures are weighing on their ability to cover costs associated with rent, staffing, and supply needs.
Customers who rely on these stores for prescriptions are worried about where they can get their medication filled and how far they will have to travel. Walgreens is offering free medication delivery for 90 days to affected customers.
The company’s October announcement was preceded by rival CVS Health’s plan to close 900 stores, while Rite Aid emerged from bankruptcy with around 1,300 locations remaining. Analysts say that smaller versions of these chains may have a future in US retail, but they need to rethink their business models and value proposition for customers.
The closures raise concerns about access to healthcare and prescriptions in many communities. Experts say the industry needs to adapt to changing consumer habits and find new ways to deliver value to customers.
Source: https://www.masslive.com/boston/2025/03/walgreens-to-close-9-stores-in-massachusetts-heres-where-theyre-located.html