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  • 102.5 WDVE

    Popular Pharmacy With Over 100 Pennsylvania Locations To Shutter Stores

    By Logan DeLoye,

    7 hours ago
    https://img.particlenews.com/image.php?url=2WCYSQ_0w9WR1EG00
    Photo: Moment RF

    Walgreens recently announced plans to shutter 1,200 stores as part of a plan to reduce operations across the country over the next couple of years.

    The beloved pharmacy chain, with over 100 locations scattered throughout Pennsylvania , lost a whopping $3 million as part of their fourth-quarter earning report.

    Neil Saunders , retail analyst and managing director at Global Data Retail, told CNN that the massive loss in sales has something to do with company negligence of "the fundamentals."

    "Walgreens spent years building its business through acquisitions and neglected the fundamentals of its stores and its retail operations. That has pushed a lot of outlets into a position where they are losing sales and are not generating a return."

    So, what exactly led to this scale-down and what can customers expect for the future of Walgreens?

    Online pharmacies definitely contributed to the apparent decline in Walgreens' sales, as it is difficult for the chain to compete with the convenience of Amazon and businesses like it.

    This news arrives just over a week after Walmart announced that they would be closing a handful of stores across the country.

    For a full list of Walgreens locations across Pennsylvania, visit the pharmacy chain's website .

    For additional information regarding Walgreens' plan to shutter over 1,000 stores within the next two years check out: Pharmacy Chain Closing 1,200 Locations Across The Country .

    Comments / 7
    Add a Comment
    J Kelly
    2h ago
    Maybe if they stopped readily offering abortion pills . . .
    Tim Kane
    5h ago
    just like true value and big lots the corporations are dropping like Flys bidenomics at its best
    View all comments
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