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Chain drug stores pushed out independent pharmacies. Now, the big chains are closing, hurting access to medication and essentials in many communities. This is why.
Walgreens is closing 1,200 stores. CVS is closing 900. Rite-Aid is closing 500. What is going on with America’s drug stores?
Let's break it down. Big Numbers, Bigger Problems Pharmacies should be killing it. Seven out of 10 Americans rely on prescription meds. ... CVS is slashing 3,000 jobs and closing hundreds of ...
CVS, the largest US chain, closed 244 stores between 2018 and 2020. In 2021, it announced plans to close 900 stores by 2024. Walgreens said in 2019 it would close 200 stores and in June announced ...
Bebe announced plans to close all stores and focus solely on online sales. At its peak, Bebe operated a total of 312 stores, but by March 2017, this was down to 172. [39] Bed Bath & Beyond announced in April 2019 that it would close 40 stores and also open 15 new stores that year. The company continued to struggle through the retail apocalypse ...
Experts are concerned about pharmacy closures across the U.S. making it harder for people to access important medications. CVS, Walgreens and Rite Aid are closing stores across the U.S. Here’s ...
Walgreens’ announcement Tuesday morning comes as rival CVS Health wraps up a three-year plan to close 900 stores and Rite Aid emerges from bankruptcy, whittled down to about 1,300 locations.
CVS isn't the only pharmacy chain to struggle with underperforming locations, as Walgreens has fallen victim to a similar fate. In late 2024, Walgreens announced plans to close around 1,200 ...