If you patronize a Walgreens store, you might want to consider some other pharmacies in your market place. I got this – below – email solicitation from Walgreens last week and sent me out another one today. It looks like a fair number of their existing Pharmacists have left or have turned in their notice, because they are seeing “the writing on the wall” and what is probably going to happen after Sycamore Partners acquires Walgreen’s stores. Many will be sold or closed. If two Walgreens stores are merged, the staff from one store will be laid off and will be closed and all the Rx business will be transferred to the store that remains open and if Walgreen follows their previous procedures, no additional staff will be added to the store that remains open. Resulting in longer waits for pts and overall poorer service.
- Competitive compensation packages tailored to your experience
- Generous sign-on bonuses available for many positions
- Relocation assistance to make your move seamless
- Supportive work environments with opportunities for professional growth
Sycamore Partners a private equity firm based in New York that specializes in retail, consumer, and distribution-related investments. Founded in 2011 by Stefan Kaluzny and Peter Morrow—both former executives at Golden Gate Capital—the firm has grown to manage approximately $10 billion to $11.2 billion in assets under management. Its investment philosophy centers on partnering with management teams to improve the profitability and strategic value of portfolio companies, offering flexible capital structures tailored to individual business needs
.Sycamore Partners has made a series of high-profile acquisitions, especially in the retail sector. Its portfolio has included or currently includes brands such as Staples, Belk, Hot Topic, Torrid, Talbots, The Limited, Ann Taylor, Lane Bryant, LOFT, and Rona Inc.
. The firm is also active in acquiring distressed or undervalued assets, often taking public companies private and working to restructure or revitalize their operations
.As of 2025, Sycamore Partners is in the process of acquiring Walgreens Boots Alliance for about $10 billion, marking one of the largest recent transactions by the firm
.The firm is privately held, employs between 51-200 people, and is headquartered at 9 West 57th Street, New York, NY
how many stores did they have before Sycamore invested into them and how many stores does each have today?
Below is an overview of approximate store numbers for key brands before Sycamore Partners invested and their current counts as of 2025. For some chains, historical figures are reported either nationally or for key regions, based on available data.
| Brand | Stores Before Sycamore Investment | Stores in 2025 | Notes |
|---|---|---|---|
| 1,559 (US + Canada, 2017) | 933 (US, 2025) | Significant store reduction after Sycamore’s acquisition in 201712. | |
| ~300 (2015) | 290 (2025) | Store base remained relatively stable345. | |
| ~600 (2013) | [unknown] | Still operating but current exact number not available6. | |
| 650 (2024) | ~470 (2025 projected) | 180 stores closing in 2025, representing about 30% of the footprint789. | |
| 516 (2012) | 516+ (2025) | Stable national store count, per recent reports10111213. | |
| 981 (2012, Ann Inc. total) | [unknown] | Extensive closures after 2020 bankruptcy; precise current figure not disclosed1415. | |
| 367 (2024) | 338 (2025) | Reduced count post-Sycamore and bankruptcy restructuring1617. | |
| [unknown] | 506 (2025) | Count as of May 2025—historic figures before acquisition not clearly documented18. | |
| [unknown] (hundreds pre-2017) | 0 (physical, 2025) | Closed all stores by 2017; online brand may persist19. |
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has seen the largest drop, shrinking from over 1,500 North American stores in 2017 to fewer than 1,000 U.S. outlets today1202.
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has mostly maintained its store presence, despite bankruptcy and restructuring345.
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is in the process of significant downsizing, with nearly 30% of stores to be closed this year789.
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has also reduced its footprint but remains a notable national plus-size chain1617.
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’ store count has been relatively stable through private equity ownership1013.
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Hot Topic, Ann Taylor, and LOFT: Only partial or historical data are available; all remain in business but with evolving store strategies61418.
Brand-level totals and timing are estimates, as precise historical and current numbers are not always disclosed by all companies.
Filed under: General Problems
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