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"More US Drug Stores Continuing To Close"

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"More US Drug Stores Continuing To Close"

H
Hal Graves

3 Views • Jan 22, 2025

Description

The number of US chain drugstore closings are rapidly growing. In many cases they are cost-cutting measures attempting to return focus to business goals, such as expanding as retail pharmacies. Nevertheless, many big-name drugstore chains such as Walgreens, CVS, and Rite Aid have been affected by the closings. The chains blame changing consumer spending habits, competition from Amazon and other businesses, labor shortages, and theft. My new video report, "More US Drugstores Continuing To Close."