Walgreens Closes More Locations as Retail Pharmacy Industry Continues to Contract

Walgreens continues to scale back its retail footprint, confirming the closure of 30 stores in May 2025 across 13 states amid financial restructuring and evolving market conditions.

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The outside of a Walgreens store
The outside of a Walgreens store Credit: Shutterstock | en.Econostrum.info - United States

Walgreens will permanently close multiple store locations across the United States throughout May 2025, reflecting a broader effort to streamline operations and reduce costs in a shifting retail pharmacy landscape.

The company has been grappling with declining profitability, increased competition, and changing consumer habits.

According to Newsweek, at least 30 Walgreens stores spread across 13 states are confirmed to shut their doors during the month.

These closures are part of a multi-year plan that targets underperforming sites and aims to consolidate resources in stronger markets while maintaining access to pharmacy and basic healthcare services nationwide.

Strategy Behind the Closures and Company Restructuring

The closures are part of a multi-year strategy announced by Walgreens Boots Alliance in 2023 to eliminate 1,200 locations by 2027. Roughly 500 closures are planned for 2025 alone.

In a 2024 earnings call, CEO Tim Wentworth described the goal as a focus on eliminating “unprofitable locations” to improve the company’s overall operational health. The company posted a net loss of over $3 billion in Q4 2024.

In March 2025, Walgreens also revealed it had reached an agreement to be acquired by private equity firm Sycamore Partners for $10 billion, which is expected to influence store strategies and operational priorities.

Customer Guidance and Transition Measures

The company has encouraged customers affected by the closures to change their prescription pickup location or use eligible home delivery services. Walgreens maintains a network of over 8,500 remaining stores in the U.S., although that number is likely to decline further.

Customers can verify the status of their nearest locations via the Walgreens website, which continues to be the official source for closure information.

Wider Retail Context and Competitive Pressures

Walgreens is not the only pharmacy chain undergoing structural reductions. Competitor Rite Aid is also closing multiple stores amid similar financial and operational pressures.

Analysts point to a long-term shift away from brick-and-mortar retail toward digital healthcare services and consolidated pharmacy operations.

These closures reflect broader industry realignment, with pharmacies seeking to reduce fixed costs and optimize service delivery models through automation, telehealth, and partnerships with health providers.

What to Expect in the Coming Months

More Walgreens locations are expected to close over the summer. While the company has not officially released a list beyond May, internal indicators suggest that closures will continue into June and possibly beyond.

The situation underscores how even major pharmacy chains are reassessing their physical presence in an era of changing consumer behavior, increasing digital adoption, and tighter margins.

Confirmed Store Closures Across 13 States

A list verified by Newsweek using the Walgreens official store locator includes exact store addresses and closure dates. Most locations will close between May 15 and May 22:

California

  • 164 W. Jackson Street, Hayward – May 22
  • 14100 Blossom Hill Road, Los Gatos – May 22

Colorado

  • 7665 W. Jewell Avenue, Lakewood – May 22

Connecticut

  • 922 Silver Lane, East Hartford – May 20
  • 157 Main Street, East Haven – May 22
  • 1350 Stanley Street, New Britain – May 19
  • 173 Danbury Road, New Milford – May 21

Florida

  • 5340 Soutel Drive, Jacksonville – May 19

Georgia

  • 2065 S Hairston Road, Decatur – May 22
  • 2500 Old Norcross Road, Lawrenceville – May 19
  • 4305 Mercer University Drive, Macon – May 21
  • 2220 Hewatt Road, Snellville – May 20
  • 5320 Memorial Drive, Stone Mountain – May 19

Indiana

  • 5095 E. Thompson Road, Indianapolis – May 20

Maryland

  • 6 S. Maryln Avenue, Essex – May 20

Massachusetts

  • 624 Waverly Street, Framingham – May 19
  • 32 Main Street, Lakeville – May 21
  • 229 Andover Street, Peabody – May 20
  • 59 Boston Street, Salem – May 19

New Jersey

  • 504 Kings Highway N, Cherry Hill – May 19

New York

  • 5008 5th Avenue, Brooklyn (Duane Reade Store) – May 21
  • 1 Fitzgerald Drive, Middletown – May 21

North Carolina

  • 9005 Richlands Highway, Richlands – May 21
  • 830 Spring Lane, Sanford – May 20

Pennsylvania

  • 3300 Dekalb Pike, Norristown – May 19
  • 690 2nd Street Pike, Southampton – May 22
  • 10 E. Street Road, West Chester – May 22
  • 2727 W. Cheltenham Avenue, Wyncote – May 15

Texas

  • 1060 W. Camp Wisdom Road, Dallas – May 21

Additional closures are expected in June, according to internal planning and local reports.

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