Massachusetts is seeing retailers shut their doors at a steady rate. Shopping trends have changed and people aren't spending money on things the way they used as many folks have had to tighten their belts to make ends meet.

WBEC FM logo
Get our free mobile app

One retailer that has been steadily shutting down underperforming stores is Walgreens. The retailer continues to close stores and has a three-year plan of mass shutdowns for these stores.

The U.S. Sun reports the closures are all part of a $1 billion cost-cutting program, which Walgreens Boots Alliance CEO Tim Wentworth confirmed in October. Wentworth intends to bring back Walgreens' market value, which hit a high in 2015 at $100 billion.

Approximately 500 stores are planned to close in 2025. A few Massachusetts stores have shuttered over the past few years including a Westfield store, one in North Adams, and a few in Boston among others. Another Massachusetts store will be calling it quits in February 2025.

On February 27 the Walgreens store in Quincy at 324 Hancock Street will permanently shut its doors. We'll pass the word along if and when information becomes available regarding more Massachusetts stores closing.

LOOK: 50 Beloved Retail Chains That No Longer Exist

Stacker takes a look at 50 major retail chains that no longer exist and the reasons for their demise.  

Gallery Credit: Madison Troyer

LOOK: 50 Famous brands that no longer exist

Stacker compiled a list of more than four dozen famous consumer brands that no longer exist, consulting sites such as TheStreet, Good Housekeeping, and Eat This, Not That!, along with numerous throwback sites dedicated to consumer brands.

Gallery Credit: Liz Barrett Foster

LOOK: Things from the year you were born that don't exist anymore

The iconic (and at times silly) toys, technologies, and electronics have been usurped since their grand entrance, either by advances in technology or breakthroughs in common sense. See how many things on this list trigger childhood memories—and which ones were here and gone so fast you missed them entirely.

Gallery Credit: Stacey Marcus

More From WBEC FM