Sarah Niebrugge | 

The Retail Apocalypse Continues: 200 Walgreens Stores Are Closing!

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It seems like every week more and more stores are closing and this week, Walgreens has joined the trend.

Keep track of all store closures and liquidation sales by downloading the KCL app and following all your favorite stores.

 

Walgreens announced about 200 locations will close this year.

On Tuesday, August 7th, Walgreens announced that less than 3% of their current 9,600 locations in the U.S. would close down. The closures are a strategic business move to become a more efficient enterprise and bring more investments to key areas.

This comes after Walgreens had already announced they’d be closing 200 stores in the U.K. The company estimates that the closings of all 400 stores will save $1.5 billion by the end of fiscal 2022.

 

With several locations in different markets, Walgreens says this should affect few people.

With several locations in different markets, Walgreens says this should affect few people.

via CNBC

Walgreens is one of those stores that tends to have several locations in each city. They hope that with these closures, their customers will be able to find nearby locations to go to. Walgreens even says most employees won’t be affected because they’ll be able to transfer to other locations.

 

Walgreens doesn’t have an official list of closing locations.

Right now, Walgreens doesn’t plan on revealing a list of location closures or even what states they’ll be in, so be sure to keep an eye out for any in your area.

 

There have already been 29% more store closures this year than from all of 2018.

There have already been 29% more store closures this year than from all of 2018.

Walgreens is just one of the many stores that have been closing doors this year. Other stores that have announced closures in 2019 include CVS, Party City, Charlotte Russe and more.

 

 

Liquidation sales haven’t been announced yet — sign up for the KCL newsletter to stay in the know!

Liquidation sales haven't been announced yet — sign up for the KCL newsletter to stay in the know!

As soon as we hear what the sales are going to look like, we’ll let you know! Sign up for our newsletter and we’ll send the news right to your inbox.

 

Don’t forget to sign up for Balance Rewards to save all the money at Walgreens.

Don't forget to sign up for Balance Rewards to save all the money at Walgreens.

Sign up for Balance Rewards at Walgreens to earn points on every purchase you make. For every 1,000 points you get, you earn $1.00 to use on future purchases. If your local Walgreens is closing, you’ll be able to use those points to get sale items for next to nothing!

Make sure you check out How to Coupon at Walgreens so you can shop that store like a pro!

 

Check out these articles and deal pages for some great ways to save money:

 

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