Walgreens 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.