November 5 is the deadline to close about 30% of Raley’s in-store pharmacies. The grocery chain, based in West Sacramento, said the closures are permanent, and will begin on October 26. The store added that about 100 employees will be affected by this move, providing transfers to other Raley’s locations and transition support when needed.
“This was a proactive decision so we can avoid bleeding and long-term challenges to those stores,” said Chelsea Minor, a spokeswoman for the company. “We remain committed to operating at those 69 locations.”
Minor said the pharmacies were facing pressure from “industry consolidation, low reimbursements and high operating costs.” In addition, high drug prices and low Medicare and Medi-Cal reimbursements and private health insurers made it extremely hard to stay competitive and turn a profit.
People with prescriptions in the Raley’s pharmacies affected by the closures will have them transferred to Walgreens, CVS Pharmacy and Rite Aid nearby. Out of the 27 pharmacies scheduled to close, about 15 will be either next door to, or across the street from, one of those stores.