5 On Your Side: Walgreens changes could include significant store closures

Walgreens is underperforming, and their plan to fix it involves closing hundreds of stores over the next three years.
Posted 6/27/2024, 9:06:37 PM Updated 6/28/2024, 12:58:05 AM

PUBLIC HEARING STARTS AT 6.30,

AT KERRY TOWN COUNCIL.

WALGREENS SAYS IT COULD CLOSE A

SIGNIFICANT NUMBER OF STORES.

SO

>> WHAT DOES THAT MEAN FOR YOUR

PRESCRIPTION 5 ON YOUR SIDE'S

KEELY. ARTHUR ASKED WHAT WILL

HAPPEN IF YOUR LOCAL PHARMACY

CLOSES.

>> I JUST SPOKE WITH THE FOLKS

AT THE VILLAGE DISTRICT.

WALGREENS IN RALEIGH. THEY TELL

ME THAT IF A WALGREENS LOCATION

CLOSES DOWN YOUR PERSCRIPTION

WILL SIMPLY BE TRANSFERRED TO

THE NEAREST OPEN WALGREENS

LOCATION. YOU CAN CHECK THEIR

APP OR CALL THE PHARMACY FOR

THAT SPECIFIC INFORMATION.

>> WALGREEN CO SAID TODAY THAT

CHANGES ARE IMMINENT FOR ABOUT

A QUARTER OF THE COMPANY'S 8600

U.S. STORES CHANGES COULD MEAN

A SIGNIFICANT NUMBER OF

CLOSURES. RALEIGH HAS ABOUT

20 WALGREENS STORES. AND WHILE

YOU WOULD EXPECT ALL OF THEM TO

CLOSE, EVEN SHUTTING DOWN SOME

OF THEM WOULD MEAN LONGER

DRIVES FOR MANY CUSTOMERS TO

GET CRITICAL PRESCRIPTIONS AND

POTENTIALLY A HEAVIER WORKLOAD

ON PHARMACIST. 5 ON YOUR SIDE

ASKED WALGREENS CORPORATE THE

SAME QUESTION. WE ASKED VILLAGE

DISTRICT WHAT IS BEING DONE TO

MAKE SURE CUSTOMERS CAN KEEP

GETTING THEIR PRESCRIPTIONS

IF THEIR LOCATION CLOSES.

WE ARE STILL WAITING FOR THEM

TO RESPOND. AND THIS ISN'T JUST

A WALGREENS ISSUES. CVS AND

RITE AID HAVE ALSO CLOSED

LOCATIONS.

>> THEY BLAME IT ON

REIMBURSEMENT COSTS FOR

PRESCRIPTION AND OPERATION

COSTS. KEELY ARTHUR, 5 ON YOUR