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SAN FRANCISCO — Walgreens said it is closing 12 stores across San Francisco by the end of February.
"Our retail pharmacy business is central to our go-forward business strategy," said Fraser Engerman, senior director, Walgreens Media Relations and Issues Management. "However, increased regulatory and reimbursement pressures are weighing on our ability to cover the costs associated with rent, staffing, and supply needs. It is never an easy decision to close a store. We know that our stores are important to the communities that we serve, and therefore do everything possible to improve the store performance. When closures are necessary, like those here in San Francisco, we will work in partnership with community stakeholders to minimize customer disruptions," he added.
Here is a list of the stores in San Francisco that will close:
- 1201 Taraval St.
- 3201 Divisadero St.
- 1363 Divisadero St.
- 825 Market St.
- 1750 Noriega St.
- 5280 Geary Blvd.
- 1524 Polk St.
- 1301 Franklin St.
- 1189 Potrero Ave.
- 135 Powell St.
- 1630 Ocean Ave.
- 5300 Third St.
The company has said it is closing more than 1,200 stores nationwide over the next three years in an effort to improve earnings and control operating costs.
