SACRAMENTO, CA - Raley’s is downsizing its pharmaceutical division, citing challenges in the pharmacy space as the driving factor. As a result, the grocer began shuttering 27 of its Raley’s, Bel Air, and Nob Hill pharmacies on October 26th, with closures to be complete by November 5th. Its remaining 69 locations across California and Nevada will continue to operate.
According to a press release, Raley’s selected the closing locations based on relevance and profitability—a strategic business decision that will position the company for continued long-term growth and ongoing success.
Rather than transfer its prescriptions within its own operations, Raley’s will offload those from the closing pharmacies to that of Walgreens, CVS Pharmacy, and Rite Aid. Impacted patients will receive a notice identifying the specific transfer location and timing.
Impacted pharmacy team members have also been informed, with transition support provided for employees, including pay and benefits for a period of time as well as future employment assistance.
The grocer has disclosed which locations will be closing here.
How will Raley’s long-term growth and ongoing success play out in the grocery retail market? AndNowUKnow will continue to report.
