Walgreens continues US store closures, two NJ sites to close
Walgreens is continuing to close stores across the United States as part of a multiyear restructuring plan, though the pace of closures has slowed significantly from initial projections. The pharmacy chain has confirmed the upcoming closure of two locations in New Jersey's Bergen County, with stores in Bogota and Dumont set to close by August 6 and September 3, respectively. These closures are part of a broader national strategy that has seen dozens of stores shutter this year.
The company now expects to close fewer than 100 stores in 2026, a sharp reduction from earlier plans. In October 2024, Walgreens announced an intention to close approximately 1,200 underperforming stores over three years, including 500 in 2025 alone. Following its acquisition by private equity firm Sycamore Partners in August 2025, the company scaled back this aggressive timeline. The current strategy focuses on optimizing its network by closing specific underperforming locations rather than executing a broad reduction.
This year's confirmed closures span at least a dozen states, including California, Florida, Illinois, Missouri, South Carolina, Texas, Virginia, Washington, Washington D.C., Wisconsin, and...