Walgreens closing south-side Tallahassee store in effort to cut costs by $500 million and eliminate American Jobs

Walgreens on the intersection of Monroe and Tennessee Streets is closing its doors in February.

Walgreens is closing its store on Tallahassee’s south side near Florida A&M University’s campus.

The store, located on 100 E. Magnolia Drive and South Monroe Street, has been operating for 22 years and is slated to close on June 27. Walgreens spokesman Phil Caruso said the decision didn’t come easy.

“Please be assured that the community will remain well served by Walgreens,” he told the Tallahassee Democrat in an email. “Prescription files will automatically transfer to the Walgreens pharmacy about a five-minute drive or 2 miles away located at 414 S. Magnolia Drive (corner of Magnolia and Highway 27) in Tallahassee.”

Caruso said the drug store chain plans to place most of the affected employees at other local stores. Pharmacy customers will not need to take any action, the transfer will be automatic and they will receive a letter in the mail providing more information about their prescription records.

The announcement comes on the heels of another store closing when Walgreens shuttered its downtown location on Monroe and Tennessee streets in February. Walgreens is moving forward with closing 200 stores in the U.S., Puerto Rico and U.S. Virgin Islands — representing 2 percent of the company’s 8,232 stores nationwide.

The largest U.S. drugstore chain said it will close stores amid plans to boost its previously announced cost-cutting initiative by $500 million, USA Today reports. Walgreens is projecting to reduce expenses by $1.5 billion by the end of fiscal 2017.

Contact TaMaryn Waters at tlwaters@tallahassee.com or follow @TaMarynWaters on Twitter. 

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