Walgreens closing a SIGNIFICANT number of it's 8600 locations

[BaileyPark31]

Haven't stepped inside a RiteAid since they got rid of their Gold tier customer thing.... u got 20% off most product... even if they were already on sale.

Now I just order from Walmart+ or my regular grocery store.

I'll still go through their drive thru to get my one med. Dassit.

 

[King Poetic]

One disadvantage is the elderly in black neighborhoods will have to depend on transportation and others to go farther out for their medications

 

[Saysumthinfunnymike]

Changed the title of the thread for those of you who can't read the article and want to play semantics .

 

[IIVI]

Like I said in the tech layoffs thread, it's a bear market.

While big dogs like Google, NVIDIA, etc. are poppin, many well-known mid-level companies have been doing worse than pre-COVID.

Some of these companies are down 80% in stock price from their peak. Paypal was at $300/share now it's $60/share for example. Same goes for Affirm, Zillow, etc. Look at a lot of mid-level companies' performance over the last decade and compare that to the main Big Tech companies - they're doing absolutely shytty in comparison.

If those big dogs crash, man...that's when it gets bad.

 

[DJ Paul's Arm]

Do people just not have money to shop anymore?

99 cent stores closed down. What you think breh? Americans struggling hard.

 

[IIVI]

One disadvantage is the elderly in black neighborhoods will have to depend on transportation and others to go farther out for their medications

Yup. My wife's family has some real convenient Walgreens locations nearby the home. I guess there's additionally a CVS, but you don't want to load responsibility of medication all on one store/location.

 

[MustafaSTL]

So? A significant number could be 35% or 50% or 60%.. the point is they are being forced to rethink their strategies.

Yeah, but if you say most, that means they’re basically closing up shop for good and time for people to find a different pharmacy if they went there.

 

[Buddy]

Please God, not the ones by me they already shut down the nearby CVS's

 

[Trojan 24]

So all the drugs stores are closing?
People using grocery store pharmacies now or something?
CVS, Rite Aid, Walgreens are all closing up stores.

CVS are in every Target now, they found a new game

 

[IIVI]

Another aspect is that CVS's big thing is they own Aetna.

All I know is Thrifty Ice Cream need to still be a thing for decades until I'm gone.

Someone told me Von's sells it now.

 

[Roger king]

This companies are greedy and heartless, they rather thousands of people get out of their jobs and have no sources of income than simply pay their workers a living wage with proper health benefits.

 

[avon barksdale]

Yeah, I noticed a Rite Aid closed down the street from me. Do people just not have money to shop anymore?

In 10 years everyone is going to be shopping online and not stores

 

[ReturnOfJudah]

a lot of companies closing shop. Gonna be some hard times for a lot of families this winter

 

[Renegade47]

So all the drugs stores are closing?
People using grocery store pharmacies now or something?
CVS, Rite Aid, Walgreens are all closing up stores.

there were too many of them to begin with and they too expensive. theres like 4 walgreens within w 4 mile radius of my crib and ya know where ever there is a walgreens a cvs tends to be across the street. its ridiculous

 

[Vandelay]

My homie just started there in corporate.