Walgreens Announces It Will Close 1,200 Stores Across US by 2027

The move is part of a ‘footprint optimization program’ initiated by the company, its CEO says.

A Walgreens store in Chicago, Ill., on Feb. 11, 2021. Eileen T. Meslar/Reuters

Pharmacy chain Walgreens announced it will shut down 1,200 stores across the United States over the next three years.

Closures of Walgreens stores were announced in June, but the company had not disclosed the number of affected stores at that time. It had more than 8,000 stores in the United States as of Aug. 31 last year.