BREAKING NEW : Impacting thousands of locations (Page 6 ) | October 4, 2024

A Changing Landscape

The closures of CVS, Walgreens, and Rite Aid stores across the U.S. are the result of several converging factors: financial pressures, shifting consumer behavior, and increased competition from online retailers like Amazon. While these decisions may help companies stabilize financially, the impact on consumers—particularly those in underserved communities—cannot be ignored.

As the retail pharmacy model continues to evolve, companies must balance profitability with accessibility to ensure that all communities have access to the healthcare services they need.