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Walgreens is closing around 1,200 stores across the United States, including one in Owego, due to struggles with a decrease in consumer spending.

The closures will occur within the next three years, starting with 500 stores being closed in 2025, Walgreens announced in an earnings report released in October.

"This turnaround will take time," said Walgreens CEO Tim Wentworth, "but we are confident it will yield significant financial and consumer benefits over the long term."

Here's what we know about the future of Walgreens in the Southern Tier.

Is Walgreens in Owego closing?

The sign posted within the entrance of Walgreens in Owego.

Yes. The Owego Walgreens, located at 153 Main St., is closing on Jan. 28, 2025, according to a sign posted at the store's entrance.

Are Walgreens locations in Binghamton closing?

The Walgreens located at 37 Pennsylvania Ave. in Binghamton.

According to a statement issued by Samantha Stansberry, of Walgreens communications team, they have "no Binghamton announcements" at this time.

"The process of evaluating our footprint is ongoing and evolving" said Stansberry, "and we will continue to provide advance notice to impacted team members, patients, and customers."

There are currently Walgreens stores located at:

• 37 Pennsylvania Ave. in Binghamton

• 1428 Upper Front St. in Binghamton

• 85 Robinson St. in Binghamton

This article originally appeared on Binghamton Press & Sun-Bulletin: Are Walgreens stores in Binghamton closing? Here's what we know

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