Walgreens Closing Sept 3

STAMFORD — The Walgreens on Lake Street will be closing Sept. 3 as part of a nationwide restructuring.

“It’s a big loss for the village,” said Mayor Robert Schneider. “Especially for those with limited transportation.”

The mayor said that there were certain elements that made the location “not a good fit” for the community. However, he said that he hoped that another pharmacy would choose to come to Stamford.

The mayor said that he was “very disappointed” by the news.

The Stamford closure is part of an effort by the chain to close unprofitable locations. The parent company of Walgreens has been sold to a private equity firm, and about 1,200 of its 8,500 stores are expected to close. About 500 of these closures, including Stamford, are expected later this year. The chain lost $3 billion last year and closed about 70 stores last year. At least 13 states will see Walgreens closures.

Village Trustee Jim Kopp said that there were some delivery options. Walmart can deliver Medicare Part D or private insurance or cash. However, they cannot deliver Medicaid or Medicare Part B. They cannot deliver refrigerated drugs or controlled substances. Kopp said that older residents could ask for assistance, including from relatives for setting up any online processes, especially if they cannot drive.