Elkhart Walgreens location closing permanently March 18
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ELKHART, Ind. -- The Walgreens location at 102 E. Hively Avenue in Elkhart will be closing its doors next month as the national pharmacy chain moves forward with plans to close 1,200 stores over the next three years.
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If customers wish to change their pharmacy, all they need to do is call the pharmacy of their choice and inform them that their prescription profile is at the Nappanee Street Walgreens. Pharmacists should handle the rest.
According to Newsweek, the company plans to close 500 stores in fiscal year 2025, which will end in August.
CEO Tim Wentworth emphasized the need to address underperforming locations, as about 25 percent of Walgreens stores are unprofitable. The company reported a net loss of $3 billion in the final quarter of 2024, citing weakened pharmacy and retail performance, opioid litigation settlements and costs associated with an equity investment in China.