Updated as we learn more. Walgreens is preparing to close a number of stores in Maine, and according to a report from CNN and the Associated Press, Walgreens’ CEO says the closures will focus on locations that are no longer profitable, adding more headaches for the company.
Walgreens Closes Five Stores in Maine
The company is eliminating thousands of underperforming stores.
Walgreens is preparing to close up to 25% of its 8,600 stores in the United States by 2027, with at least five in Maine. Walgreens stores set to close in 2024: 123 Main Street, Fairfield, ME 0493 735 Park St, Milo, ME 0446 3713 Congress St, Portland, ME 0410 2461 Main St, Saco, ME 0407 2233 US-1, Scarborough, ME 04074 According to recent reports from CNN and The Associated Press, Walgreens CEO Tim Wentworth said he is closing unprofitable stores, adding that more consumers are turning to the internet to fill their prescriptions and buy pharmacy staples like greeting cards and candy. As Wentworth continues to evaluate the company’s performance, more closures could be announced in the coming years.
Walgreens is preparing to close up to 25% of its 8,600 U.S. stores by 2027, at least five of which are in Maine.
Walgreens closing stores in 2024:
- 123 Main Street, Fairfield, Maine 04937
- 35 Park Street, Milo, Maine 04463
- 713 Congress Street, Portland, Maine 04102
- 461 Main Street, Saco, Maine 04072
- 233 US-1, Scarborough, ME 04074
According to recent reports from CNN and the Associated Press, Walgreens CEO Tim Wentworth said he is closing stores that are not making money, adding that more consumers are turning to the internet to fill their prescriptions and buy standard items like greeting cards and candy.
As Wentworth continues to evaluate the company’s performance, further closures could be announced in the coming years.
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