Chicago

Walgreens to close 5 Chicago stores amid significant company changes

The company plans to shutter up to 1,200 stores within the next two-plus years

NBC Universal, Inc.

Walgreens will close 1,200 underperforming stores by 2027, with 500 of the closures taking place in the next 12 months. The Deerfield-based drugstore chain is the latest Illinois corporation to announce major changes to their business operations.

NOTE: The video above is from Oct. 2024 when the company announced it would shutter up to 1,200 stores

Walgreens will close five Chicago stores in the coming weeks, a company spokesperson confirmed to NBC Chicago.

According to the company, those stores are located in several Chicago neighborhoods, including locations in Lake Meadows, West Englewood and Little Village.

The impacted stores will close between Feb. 17 and 27, a company spokesperson told NBC Chicago, with the closures blamed on costs “associated with rent, staffing and supplies.”

“It’s never an easy decision to close a store,” a spokesperson said. “We know that our stores are important to the communities that we serve, and therefore do everything possible to improve the store performance.”

The company pledged to “minimize customer disruption,” and that they would try to move employees to other stores.

The impacted stores are located at:

7111 South Western Avenue (West Englewood)

4005 West 26th Street (Little Village)

9148 South Commercial Avenue (South Chicago)

3405 South King Drive (Lake Meadows)

7109 South Jeffery Boulevard (South Shore)

In Oct. 2024, Walgreens announced plans to close up to 1,200 “underperforming stores” by the year 2027, with 500 of the closures taking place within one calendar year of the announcement.

According to CNBC data, approximately one-quarter of Walgreens’ 8700 locations were considered “unprofitable” by the company and subject to potential closure.

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