Walgreens at Central and Eubank to close later this year
ALBUQUERQUE, N.M. — The Walgreens location at Central and Eubank in Albuquerque will close later this year, a spokesperson confirmed to KOB 4.
In a statement issued to KOB 4, the spokesperson stated the company’s current pharmacy model is “not sustainable” and requires them to “approach the market differently.” They said closing stores based on profitability is a part of that.
“We are making substantial changes to our store footprint, closing stores based on profitability, including this store in Albuquerque which is not able to cover the costs associated with rent, staffing, and supply needs. While it is not an easy decision to close a store, we will work to minimize customer disruptions,” a spokesperson said.
The spokesperson added they “intend to redeploy” most of their team members. They plan to offer new roles to “dedicated team members” at other locations.
The store will close Nov. 6. That is almost a year to the date after the Walgreens closed their Central and San Mateo location in Albuquerque.
In a statement announcing that closure, a spokesperson stated patients’ files would automatically transfer to the Central and Girard location.
Full statement from Walgreens spokesperson on the closure of the Central and Eubank location:
“Our retail pharmacy business is central to our go-forward business strategy. However, increased regulatory and reimbursement pressures are weighing on our ability to serve our patients profitably. We’ve reached a point where the current pharmacy model is not sustainable and the challenges in our operating environment require that we approach the market differently.
We are making substantial changes to our store footprint, closing stores based on profitability including this store in Albuquerque which is not able to cover the costs associated with rent, staffing, and supply needs. While it is not an easy decision to close a store, we will work to minimize customer disruptions. We intend to redeploy the majority of our team members and offer our dedicated team members new roles at other locations.”