Walgreens Closing 'Significant Number' Of Stores: See CA Impacts
CALIFORNIA — Walgreens has announced it will close a "significant number" of underperforming stores, following Rite Aid and others as pharmacy chains across the country continue to shrink.The company operates more than 580 locations in California, the second most of any state behind Florida.Illinois-based Walgreens Boots Alliance announced Wednesday it is finalizing a "significant multiyear footprint optimization program" to close underperforming stores."We continue to face a difficult operating environment, including persistent pressures on the U.S. consumer and the impact of recent marketplace dynamics, which have eroded pharmacy margins," said Tim Wentworth, CEO of WBA, in the company's third quarter results report. "Our results and outlook reflect these headwinds, despite solid performance in both our International and U.S. Healthcare segments."As of the announcement, Walgreens has not listed what stores will close in what states.According to the third quarter report, WBA sales increased 2.6 percent from the year-ago quarter to $36.4 billion, an increase of 2.5 percent on a constant currency basis, "reflecting sales growth across all segments."The company announced last October it would be implementing cost-cutting measures to the tune of at least $1 billion. In the last year, WBA has had several rounds of corporate layoffs.The full list of California cities with Walgreens locations includes: ALAMEDA, CAALHAMBRA, CAALISO VIEJO, CAAMERICAN CANYON, CAANAHEIM, CAANTIOCH, CAAPPLE VALLEY, CAARLETA, CAARTESIA, CAATASCADERO, CAATWATER, CAAUBURN, CABAKERSFIELD, CABALDWIN PARK, CABANNING, CABAY POINT, CABEAUMONT, CABELLFLOWER, CABERKELEY, CABERMUDA DUNES, CABIG BEAR LAKE, CABRENTWOOD, CABUENA PARK, CABURBANK, CABURLINGAME, CACALIMESA, CACAMERON PARK, CACAMPBELL, CACANOGA PARK, CACARMICHAEL, CACASTAIC, CACASTRO VALLEY, CACATHEDRAL CITY, CACHATSWORTH, CACHICO, CACHINO, CACHINO HILLS, CACHULA VISTA, CACITRUS HEIGHTS, CACLAYTON, CACLOVIS, CACOACHELLA, CACOALINGA, CACONCORD, CACORONA, CACORONADO, CACOSTA MESA, CACOTATI, CACOVINA, CACUPERTINO, CACYPRESS, CADALY CITY, CADANVILLE, CADELANO, CADESERT HOT SPRINGS, CADINUBA, CADOWNEY, CAEASTVALE, CAEL CAJON, CAEL CENTRO, CAEL CERRITO, CAEL DORADO HILLS, CAEL MONTE, CAEL SEGUNDO, CAEL SOBRANTE, CAELK GROVE, CAENCINITAS, CAENCINO, CAESCONDIDO, CAEUREKA, CAFAIRFIELD, CAFALLBROOK, CAFOLSOM, CAFONTANA, CAFORTUNA, CAFOUNTAIN VALLEY, CAFREEDOM, CAFREMONT, CAFRESNO, CAFULLERTON, CAGARDEN GROVE, CAGARDENA, CAGILROY, CAGLENDALE, CAGLENDORA, CAGOLETA, CAGRANADA HILLS, CAGRAND TERRACE, CAGRANITE BAY, CAGRASS VALLEY, CAHANFORD, CAHARBOR CITY, CAHAWTHORNE, CAHAYWARD, CAHEMET, CAHESPERIA, CAHIGHLAND, CAHILMAR, CAHOLLISTER, CAHUNTINGTON BEACH, CAHUNTINGTON PARK, CAINDIO, CAINGLEWOOD, CAIRVINE, CAKINGSBURG, CALA CRESCENTA, CALA HABRA, CALA JOLLA, CALA MIRADA, CALA PUENTE, CALA QUINTA, CALAGUNA HILLS, CALAGUNA NIGUEL, CALAKE ELSINORE, CALAKE FOREST, CALAKESIDE, CALAKEWOOD, CALANCASTER, CALATHROP, CALEMON GROVE, CALEMOORE, CALINCOLN, CALIVERMORE, CALODI, CALOMPOC, CALONG BEACH, CALOS ALTOS, CALOS ANGELES, CALOS BANOS, CALOS GATOS, CALYNWOOD, CAMADERA, CAMANHATTAN BEACH, CAMANTECA, CAMARINA, CAMARINA DEL REY, CAMARTINEZ, CAMARYSVILLE, CAMENIFEE, CAMENLO PARK, CAMERCED, CAMILL VALLEY, CAMILLBRAE, CAMILPITAS, CAMISSION VIEJO, CAMODESTO, CAMONROVIA, CAMONTEBELLO, CAMONTEREY, CAMONTEREY PARK, CAMOORPARK, CAMORENO VALLEY, CAMORGAN HILL, CAMOUNTAIN VIEW, CAMURRIETA, CANAPA, CANATIONAL CITY, CANORTH HILLS, CANORTHRIDGE, CANORWALK, CAOAKDALE, CAOAKLAND, CAOCEANSIDE, CAONTARIO, CAORANGE, CAORLAND, CAOROVILLE, CAOXNARD, CAPACIFICA, CAPALM DESERT, CAPALM SPRINGS, CAPALMDALE, CAPALO ALTO, CAPARADISE, CAPASADENA, CAPATTERSON, CAPERRIS, CAPICO RIVERA, CAPINOLE, CAPITTSBURG, CAPLACENTIA, CAPLEASANT HILL, CAPLEASANTON, CAPLUMAS LAKE, CAPOMONA, CAPORTERVILLE, CAPOWAY, CARANCHO CORDOVA, CARANCHO CUCAMONGA, CARANCHO MIRAGE, CARANCHO SANTA MARGARITA, CARED BLUFF, CAREDDING, CAREDLANDS, CAREDONDO BEACH, CAREEDLEY, CARIALTO, CARICHMOND, CARIDGECREST, CARIPON, CARIVERSIDE, CAROCKLIN, CAROSEMEAD, CAROSEVILLE, CAROWLAND HEIGHTS, CASACRAMENTO, CASALINAS, CASAN BERNARDINO, CASAN BRUNO, CASAN CARLOS, CASAN DIEGO, CASAN DIMAS, CASAN FERNANDO, CASAN FRANCISCO, CASAN GABRIEL, CASAN JACINTO, CASAN JOSE, CASAN LEANDRO, CASAN MATEO, CASAN PABLO, CASAN RAFAEL, CASAN RAMON, CASANGER, CASANTA ANA, CASANTA CLARA, CASANTA CLARITA, CASANTA CRUZ, CASANTA MARIA, CASANTA MONICA, CASANTA ROSA, CASANTEE, CASCOTTS VALLEY, CASEASIDE, CASELMA, CASHERMAN OAKS, CASIMI VALLEY, CASOUTH GATE, CASOUTH SAN FRANCISCO, CASTANTON, CASTOCKTON, CASTUDIO CITY, CASUNNYVALE, CASUSANVILLE, CASUTTER CREEK, CATARZANA, CATEHACHAPI, CATHOUSAND OAKS, CATORRANCE, CATRACY, CATULARE, CATURLOCK, CATUSTIN, CAUKIAH, CAUPLAND, CAVACAVILLE, CAVALLEJO, CAVAN NUYS, CAVICTORVILLE, CAVISALIA, CAVISTA, CAWALNUT CREEK, CAWEST COVINA, CAWEST HOLLYWOOD, CAWEST SACRAMENTO, CAWESTMINSTER, CAWHITTIER, CAWOODLAND, CAYUBA CITY, CAYUCAIPA, CAYUCCA VALLEY, CAPatch Staff Writers Eric DeGrechie and Dino Ciliberti contributed to this story.The article Walgreens Closing 'Significant Number' Of Stores: See CA Impacts appeared first on Across California, CA Patch.
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