Walgreens Closing Thousands Of Stores Includes Minnesota And Iowa

Walgreens is set to close a considerable number of it's 8,600 stores which includes stores in Minnesota and Iowa.

If the company were to close 25% of its 8,600 U.S. stores, it would mean shutting down approximately 2,150 locations.

Walgreens Closing Stores Including In Minnesota And Iowa-Getty Thinkstock

CBS News is reporting that during an investors call on Thursday Walgreens CEO Tim Wentworth told investors... "The current pharmacy model is not sustainable. Changes are imminent.

Walgreens does itself no favors in this environment by having a lackluster proposition and broadly uncompetitive prices compared to mass merchants.

It is no good executing selective promotions, which the chain did over the past quarter, there needs to be a more fundamental overhaul of the retail offer."

Wentworth, who assumed leadership in 2023, revealed that 75% of the company's U.S. stores generate all of its adjusted operating income.

As a result, Walgreens plans to evaluate the remaining 25% of its stores for potential closures over the next three years.

It's not clear at this time the list of all the stores that will be closing, but according to usearch.com these are Walgreens stores closing in 2024 in Minnesota and Iowa:

600 County Hwy 10, Blaine, MN 55434
4916 France Ave S, Edina, MN 55410
1274 Town Centre Dr, Eagan, MN 55123
1112 Civic Center Dr NW, Rochester, MN 55901
1805 N Brady St, Davenport, IA 52803

Never Buy These 10 Items At Minnesota, Iowa, Or South Dakota Dollar Stores

Folks in Minnesota, Iowa, And South Dakota know the value of a dollar.

Buying the cheapest item isn't always the best idea. Reader's Digest put out a list that will make you think twice about what you purchase on the cheap.

You should probably Never Buy These 10 Items At Minnesota, Iowa, Or South Dakota Dollar Stores...

Gallery Credit: Getty Thinkstock