Extra specifics are in as Walgreens trims its footprint in Denver and across the nation.
A Walgreens on the nook of Havana Avenue and Colfax Avenue in Aurora will stop operations on Nov. 13, in line with the placement’s cellphone system. A day later, the Walgreens at 300 S. Federal Blvd. in Denver’s Westwood neighborhood will shut its doorways.
The shops be part of one other on the nook of Colfax and Sheridan Boulevard in closing subsequent month.
Illinois-based Walgreens introduced throughout an earnings name Tuesday morning that the corporate will shut 1,200 shops, or about 14 %. Some 500 shops will shut inside the subsequent 12 months, in line with CEO Tim Wentworth, who cited an unsustainable enterprise mannequin and lack of shopper spending as causes for the cutback.
The retailer didn’t publicize the affected places.
“We’re not posting an inventory externally. We don’t have any particulars to share on particular 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 time, when the corporate mentioned 25 % of shops can be shuttered.
No less than two Walgreens shops within the area have closed in latest months. The cellphone quantity for the onetime retailer at 110 E. Mineral St. in Littleton, which sits on the nook of Broadway, now routes to a retailer in Centennial.
A former Walgreens property at 3080 S. Broadway in Englewood can be being marketed on the market or lease on LoopNet.
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