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CVS, Walgreens and Rite Aid are closing thousands of stores. why ?

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CVS, Walgreens and Rite Aid are closing thousands of stores. why ? Empty CVS, Walgreens and Rite Aid are closing thousands of stores. why ?

Post by 8DonCo Mon Oct 16, 2023 5:14 pm

Drugstore chains for decades saturated US cities, suburbs and small towns with new stores.


Now, they are closing thousands of stores, leaving gaps in communities for medicines and essentials. Researchers find pharmacy closures lead to health risks such as older adults failing to take medication.


Rite Aid, the third largest standalone pharmacy chain, filed for bankruptcy Sunday and will reportedly close roughly 400 to 500 of its approximately 2,200 stores.




Rite Aid was undone by competition from larger rivals, its $3.3 billion debt load, and expensive legal battles for its alleged role in fueling the opioid crisis.
It comes amid walkouts by Walgreens pharmacists and technicians around the country and at CVS stores in Kansas City over low pay and understaffed stores.

Drug store struggles

Rite Aid’s bankruptcy reflects long-term struggles in the retail pharmacy industry.
The majority of drugstores’ sales comes from filling prescriptions. But their profits from that segment have declined in recent years because of lower reimbursement rates for prescription drugs.
The front end of drugstores, where they sell snacks and household staples, also face pressure.
CVS, Walgreens and Rite Aid are eliminating some locations as they face rising competition for these items from Amazon, big-box stores with pharmacies like Walmart, and Dollar General in rural areas.
Rite Aid was undone by competition from larger rivals, its $3.3 billion debt load, and expensive legal battles for its alleged role in fueling the opioid crisis.
It comes amid walkouts by Walgreens pharmacists and technicians around the country and at CVS stores in Kansas City over low pay and understaffed stores.

Drug store struggles

Rite Aid’s bankruptcy reflects long-term struggles in the retail pharmacy industry.
The majority of drugstores’ sales comes from filling prescriptions. But their profits from that segment have declined in recent years because of lower reimbursement rates for prescription drugs.
The front end of drugstores, where they sell snacks and household staples, also face pressure.
CVS, Walgreens and Rite Aid are eliminating some locations as they face rising competition for these items from Amazon, big-box stores with pharmacies like Walmart, and Dollar General in rural areas.

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CVS, Walgreens and Rite Aid are closing thousands of stores. why ? C7f64202b0357f04c779d805f437c5fc

CVS, Walgreens and Rite Aid are closing thousands of stores. why ? JQrjmZ
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Post by 8DonCo Mon Oct 16, 2023 5:15 pm

Mới nghe qua nhà thuốc ở Mỹ mà bankruptcy cũng lạ .... thì ra chết vì Amazon, Walmart


mà cũng đúng , mấy thằng nầy bán mắc quá

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CVS, Walgreens and Rite Aid are closing thousands of stores. why ? C7f64202b0357f04c779d805f437c5fc

CVS, Walgreens and Rite Aid are closing thousands of stores. why ? JQrjmZ
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Post by TuTu Mon Oct 16, 2023 6:29 pm

Em nghĩ hàng hóa bán trong tiệm bị ê' vi giá mác so với thang Walmart/amazon như anh 8 nói trên , với lại grocery stores phần đông co' pharmacy trong đo' luôn nên cũng tiện ...thêm màn mail in order pharmacies từ insurance companies or other drug stores  ...nói chung cạnh tranh nhiều .
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Post by ga10 Mon Oct 16, 2023 6:40 pm

Thiên hạ bây giờ làm biếng 0 muốn đi vào stores mua gì hết và rather paid $ để order online và có người drop off tới trước cửa nhà. Ngay cả như đi chợ bây giờ cũng có rất nhiều người order online rồi (wondering how much it costs for that service?. Từ từ thì chợ cũng sẽ đóng bớt tiệm và họ chỉ có mấy cái warehouses rồi fill orders deliveries tới nhà luôn!

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Post by nhatrangdep Tue Oct 17, 2023 8:34 am

ế quá là ế, RiteAid nhà tui ra vô mấy mạng
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Post by 8DonCo Tue Oct 17, 2023 8:37 am

ga10 wrote:Thiên hạ bây giờ làm biếng 0 muốn đi vào stores mua gì hết và rather paid $ để order online và có người drop off tới trước cửa nhà.  Ngay cả như đi chợ bây giờ cũng có rất nhiều người order online rồi (wondering how much it costs for that service?.  Từ từ thì chợ cũng sẽ đóng bớt tiệm và họ chỉ có mấy cái warehouses rồi fill orders deliveries tới nhà luôn!


đúng vậy, nhiều nguờ ở ngoai ô, lái xe đi store cũng tốn xăng mà còn sợ không an toàn, ngồi nhà có người delivery cho tiện

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CVS, Walgreens and Rite Aid are closing thousands of stores. why ? C7f64202b0357f04c779d805f437c5fc

CVS, Walgreens and Rite Aid are closing thousands of stores. why ? JQrjmZ
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Post by ga10 Tue Oct 17, 2023 9:42 am

8DonCo wrote:đúng vậy, nhiều nguờ ở ngoai ô, lái xe đi store cũng tốn xăng mà còn sợ không an toàn, ngồi nhà có người delivery cho tiện

Mấy người có con nhỏ orders online tiện hơn là dẩn con đi chợ chung chạy tứ tung. Hay các ông bà cụ 0 còn lái xe được. Ngay cả những người còn khoẻ mạnh 0 con nhỏ họ cũng nghỉ tại sao phải tốn xăng và tốn thời gian (ít nhất 30 phút mổi tuần) để đi chợ. Bỏ ra $20 service cho họ đi chợ dùm và đưa tới tận cửa luôn.

Dỉ nhiên 0 thể chọn lựa được đồ ngon nhưng phải willing to accept that in exchange for the conveniences.
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Post by LoveStory08 Wed Oct 18, 2023 8:25 am

Oh wow.. That's good though, it means that lesser people need meds..
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Post by 8DonCo Wed Oct 18, 2023 8:27 am

LoveStory08 wrote:Oh wow.. That's good though, it means that lesser people need meds..

I don't think you read it, just guess what you think

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CVS, Walgreens and Rite Aid are closing thousands of stores. why ? C7f64202b0357f04c779d805f437c5fc

CVS, Walgreens and Rite Aid are closing thousands of stores. why ? JQrjmZ
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Post by LoveStory08 Wed Oct 18, 2023 8:50 am

8DonCo wrote:
LoveStory08 wrote:Oh wow.. That's good though, it means that lesser people Very Happy need meds..

I don't think you read it, just guess what you think

Nope.. Smile
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