Walgreens has announced the closure of two stores in Los Angeles County and three in Orange County, potentially leading to 93 job losses. The decision was based on increased regulatory and reimbursement pressures affecting costs associated with rent, staffing, and supply needs. The company stated that it is a challenging decision to close a store, but when necessary, they work with community stakeholders to minimize customer disruptions. The majority of affected associates will be redeployed to other Walgreens locations.
The stores closing include locations in Whittier, downtown Los Angeles, Orange, Placentia, and Stanton. The closures are permanent, with various positions affected, such as pharmacy technicians, pharmacists, cashiers, customer service associates, store managers, and inventory specialists. Drugstore operators, including Walgreens, have faced challenges during the pandemic, leading to closures nationwide and financial difficulties. Last spring, Rite Aid also announced store closures in California due to slumping sales and opioid-related lawsuits.
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