Business & Tech
Walgreens Closing 1,200 Stores: How Will VA Locations Be Affected?
Walgreens is closing about one in every seven stores in the U.S. Get the details here on how it might affect Virginia sites.
VIRGINIA — More than 1,200 Walgreens stores will close over the next three years as the struggling drug store chain attempts to complete a successful financial turnaround. The company said Tuesday that about 500 of the closures will occur in the current fiscal year, which began in September.
Walgreens did not reveal which locations will be shuttered. The chain has about 8,500 stores in the United States and more than 100 in Virginia.
The closures were announced as the Deerfield, Illinois-based company reported a fourth-quarter loss of $3 billion. Still, Walgreens officials remained optimistic about the chain's long-term survival prospects.
Find out what's happening in Woodbridgefor free with the latest updates from Patch.
"This turnaround will take time, but we are confident it will yield significant financial and consumer benefits over the long term," Walgreens CEO Tim Wentworth said in a statement.
Walgreens announced in June that a significant number of stores would be closing. At the time, Wentworth said, "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."
Find out what's happening in Woodbridgefor free with the latest updates from Patch.
According to the Walgreens website, the chain's Virginia locations are in:
- Abingdon
- Aldie
- Alexandria
- Amelia Court House
- Annandale
- Arlington
- Ashburn
- Ashland
- Bealeton
- Blacksburg
- Bowling Green
- Bristol
- Bristow
- Broadlands
- Callao
- Centreville
- Chantilly
- Charlottesville
- Chesapeake
- Chester
- Chesterfield
- Christiansburg
- Clintwood
- Collinsville
- Colonial Beach
- Colonial Heights
- Culpeper
- Danville
- Dublin
- Dumfries
- Elkton
- Exmore
- Fairfax
- Falls Church
- Farmville
- Franklin
- Fredericksburg
- Gainesville
- Galax
- Gate City
- Glen Allen
- Grundy
- Hampton
- Harrisonburg
- Hayes
- Herndon
- Hopewell
- Keysville
- Kilmarnock
- Lebanon
- Leesburg
- Lorton
- Louisa
- Lynchburg
- Manassas
- Marion
- Martinsville
- McLean
- Mechanicsville
- Midlothian
- Montross
- Newport News
- Norfolk
- North Chesterfield
- North Dinwiddie
- Pearisburg
- Pennington Gap
- Petersburg
- Portsmouth
- Providence Forge
- Pulaski
- Purcellville
- Quinton
- Richmond
- Roanoke
- Salem
- South Boston
- Springfield
- St. Paul
- Staunton
- Stephens City
- Sterling
- Strasburg
- Stuarts Draft
- Suffolk
- Tappahannock
- Timberville
- Verona
- Vienna
- Virginia Beach
- Warrenton
- Warsaw
- West Point
- Williamsburg
- Winchester
- Woodbridge
- Woodstock
- Wytheville
- Yorktown
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