Twelve Walgreens Locations in San Francisco Set to Close in February

January 10, 2025 TruthUSA

SAN FRANCISCO–According to a representative from Walgreens, the company plans to shut down 12 locations in San Francisco from February 24 to 27.

“Our retail pharmacy business is a key component of our future strategy,” stated Marty Maloney, the company’s Media Relations Director, in an email to The Epoch Times.

“However, the mounting pressures from regulations and reimbursements are impacting our ability to manage expenses related to rent, staffing, and supply needs.

“Closing a store is never an easy choice. We recognize how vital our stores are to the communities we serve, and we always strive to enhance their performance. When closures are unavoidable, such as those in San Francisco, we will collaborate with community stakeholders to lessen disruptions for customers.”

One of the stores scheduled to close, located at 5280 Geary Blvd., has reported an alarming rate of 20 thefts daily. In July 2023, employees had to begin chaining shelves in an attempt to address this issue, as noted by The Epoch Times.

The retail drugstore giant announced in October 2024 its decision to close approximately 1,200 stores over the next three years, including around 500 in fiscal year 2025, to achieve an immediate boost in adjusted EPS (earnings per share) and enhance cash flow.

The Walgreens locations set to close in late February are as follows:

Parkside – 1201 Taraval St.
Marina – 3201 Divisadero St.
Western Addition – 1363 Divisadero St.
South of Market – 825 Market St.
Outer Sunset – 1750 Noriega St.
Central Richmond – 5280 Geary Blvd.
Lower Nob Hill – 1524 Polk St.
Cathedral Hill – 1301 Franklin St.
Mission – 1189 Potrero Ave.
Downtown – 135 Powell St.
Ingleside – 1630 Ocean Ave.
Bayview – 5300 3rd St.

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