This Walgreens store at 5151 W. Colfax Ave. in Denver closed in 2024. (BusinessDen file)
Six more Denver-area Walgreens will shutter as the national chain continues to consolidate.
The company confirmed the following closures:
Federal Heights: 1601 W. 84th Ave. (closing on Feb. 6)
Aurora: 12051 E. Mississippi Ave. (Feb. 19)
Arvada: 6395 Sheridan Blvd. (Feb 20)
Aurora: 15301 E. Iliff Ave. (Feb 24)
Denver: 3555 N. Colorado Blvd. (Feb. 26)
Denver: 6360 E. Evans Ave. (Feb. 27)
Walgreens announced in October that it would close 1,200 stores in the next three years. Spokeswoman Jennifer Cotto confirmed these six are part of that initiative.
“Increased regulatory and reimbursement pressures are weighing on our ability to cover the costs associated with rent, staffing, and supply needs,” she said of the decision in an email.
The announcement comes after the company closed at least five stores across Denver, Littleton, Aurora and Englewood last year.
The business recently reported a $245 million operational loss from the start of September through the end of November. That number was far more than the $39 million loss it tallied in the same time period in 2023, it said.
CEO Timothy Wentworth largely blamed anti-theft measures on an earnings call.
“When you lock things up…you don’t sell as many of them,” he said earlier this month.
This Walgreens store at 5151 W. Colfax Ave. in Denver closed in 2024. (BusinessDen file)
Six more Denver-area Walgreens will shutter as the national chain continues to consolidate.
The company confirmed the following closures:
Federal Heights: 1601 W. 84th Ave. (closing on Feb. 6)
Aurora: 12051 E. Mississippi Ave. (Feb. 19)
Arvada: 6395 Sheridan Blvd. (Feb 20)
Aurora: 15301 E. Iliff Ave. (Feb 24)
Denver: 3555 N. Colorado Blvd. (Feb. 26)
Denver: 6360 E. Evans Ave. (Feb. 27)
Walgreens announced in October that it would close 1,200 stores in the next three years. Spokeswoman Jennifer Cotto confirmed these six are part of that initiative.
“Increased regulatory and reimbursement pressures are weighing on our ability to cover the costs associated with rent, staffing, and supply needs,” she said of the decision in an email.
The announcement comes after the company closed at least five stores across Denver, Littleton, Aurora and Englewood last year.
The business recently reported a $245 million operational loss from the start of September through the end of November. That number was far more than the $39 million loss it tallied in the same time period in 2023, it said.
CEO Timothy Wentworth largely blamed anti-theft measures on an earnings call.
“When you lock things up…you don’t sell as many of them,” he said earlier this month.
