Walgreens Closing 12 SF Stores In Late February, Here's a Map Showing Which Ones are Closing

The closure of 1,200 Walgreens stores, including 12 in San Francisco, highlights financial pressures from high rent and regulatory challenges affecting the retail pharmacy industry.

Walgreens cites increased regulatory and reimbursement pressures impacting their ability to cover costs associated with rent, staffing, and supply needs, raising concerns about the long-term viability.

Despite the criticism San Francisco faced for previous store closures, the national announcement signals deeper financial troubles that transcend local issues and blame.

The lack of communication about relocating staff in Walgreens' closure announcement suggests broader issues within the company's workforce management and financial strategy.

Read at sfist.com