August 5, 2026
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5:30Now PlayingWalgreens is still closing stores in 2026. The company confirmed more closures are coming — and refused to say how many or where.
Sycamore Partners took Walgreens private in 2025 in a deal with an enterprise value of roughly $23.7 billion, financed with up to 83% debt — more than double the industry average of 41%. Senator Elizabeth Warren flagged the pharmacy-desert risk before the deal closed.
Sycamore never put a public answer on record. In February 2026, WARN filings showed 628 jobs cut: 469 at Deerfield HQ, 159 at a Houston warehouse closing June 1. The paper trail is there. The company just isn't talking.
#Walgreens #SycamorePartners #PrivateEquity #PharmacyDesert #ElizabethWarren #LogicalLeftist #CorporateFAFO
SOURCES
1. Washington Times Walgreens closes more stores in 2026, but scope of pullback remains unclear
2. Senator Elizabeth Warren Warren Warns Walgreens Buyout by Private Equity May Lead to Pharmacy Closures, Lost Jobs
3. HealthExec Sen. Warren fears $10B private equity buyout of Walgreens will create 'pharmacy deserts'
4. MLQ News Walgreens Closing Houston Distribution Center, Impacting 159 Workers
5. Metaintro Walgreens Layoffs 2026Hundreds of Employees Cut as Company Restructures
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