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Maps Reveal Where Walgreens and Rite Aid Are Closing Stores Nationwide [Video]

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Ecommerce

Like many major retailers, America’s largest pharmacy chains—Walgreens, Rite Aid and CVS—are shutting down hundreds of stores nationwide as they navigate a storm of financial pressures, changing consumer behavior and intensified competition from e-commerce giants like Amazon.

Why It Matters

The closures highlight significant changes in the retail pharmacy landscape, with companies addressing falling reimbursement rates for prescription drugs, shifting consumer habits and the growing influence of online retailers.

While the financial struggles have led to restructuring, they are also raising concerns about access to essential health care services in underserved communities.

Where Is Walgreens Closing Stores in 2025?

Walgreens announced it will close 1,200 storesover the next three years, with 500 closures set for fiscal year 2025, set to end in August. CEO Tim Wentworth emphasized the need to address underperforming locations, as about 25 percent of Walgreens stores are unprofitable. The company reported a net loss of $3 billion in …

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