Walgreens will close 12 stores in San Francisco between February 24 and 27, according to a company spokesperson.
“Our retail pharmacy business is central to our go-forward business strategy,” Marty Maloney, the company’s Media Relations Director, said in an email to The Epoch Times.
“However, increased regulatory and reimbursement pressures are weighing on our ability to cover the costs associated with rent, staffing, and supply needs.
“It is never an easy decision to close a store. We know that our stores are important to the communities that we serve, and therefore do everything possible to improve the store’s performance. When closures are necessary, like those here in San Francisco, we will work in partnership with community stakeholders to minimize customer disruptions.”
One store on the closing list, 5280 Geary Blvd., has been suffering 20 thefts per day. The employees have had to chain the shelves to mitigate the problem, at least in July 2023, as reported by The Epoch Times. […]
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