Extra specifics are in as Walgreens trims its footprint in Denver and across the nation.
A Walgreens on the nook of Havana Boulevard and Colfax Street in Aurora will stop operations on Nov. 13, in line with the positioning’s telephone machine. An afternoon later, the Walgreens at 300 S. Federal Blvd. in Denver’s Westwood community will shut its doorways.
The retail outlets sign up for any other on the nook of Colfax and Sheridan Street in remaining subsequent month.
Illinois-based Walgreens introduced right through an profits name Tuesday morning that the corporate will shut 1,200 retail outlets, or about 14 %. Some 500 retail outlets will shut inside the subsequent yr, in line with CEO Tim Wentworth, who cited an unsustainable trade fashion and loss of client spending as causes for the cutback.
The store didn’t publicize the affected places.
“We don’t seem to be posting an inventory externally. We don’t have any main points to proportion on explicit places presently,” Megan Boyd, a spokesperson for the corporate, mentioned in an electronic mail.
Denverite and Denver7 first reported the Westwood and Aurora closures.
The 1,200-store determine seems to be an replace on plans shared over the summer season, when the corporate mentioned 25 % of retail outlets can be shuttered.
No less than two Walgreens retail outlets within the area have closed in contemporary months. The telephone quantity for the onetime shop at 110 E. Mineral St. in Littleton, which sits at the nook of Broadway, now routes to a shop in Centennial.
A former Walgreens belongings at 3080 S. Broadway in Englewood may be being advertised on the market or rent on LoopNet.
Get extra trade information by way of signing up for our Economic system Now publication.