In a cost-saving move, Walgreens said earlier this month that it would shut 1,200 stores over the next three years. Rite Aid, meanwhile, has closed hundreds of brick-and-mortar locations across ...

As retail pharmacy giants such as CVS, Walgreens and Rite Aid close stores across the U.S., the consequences for patient care and the impact on the pharmacy industry are becoming more apparent.

Walgreens Boots Alliance has a storied history in Chicago, starting with a single retail outlet in 1901, and expanding across ...

Two years later, Rite Aid filed for bankruptcy and quickly initiated a store optimization plan that involved immediately closing 154 locations. This week, Walgreens became the latest to announce ...

All have had a tough go at it in the past couple of years, shuttering locations and facing opioid lawsuits. Now, Rite Aid ...

Sponsor Message Walgreens isn't the only big pharmacy chain attempting a turnaround. Rite Aid last month emerged from bankruptcy; CVS has also closed stores and reportedly weighs a breakup to undo ...

CVS is closing 900 stores. Rite-Aid is closing 500. Walgreens announced Tuesday it plans to close 1,200 stores, meaning 1 in 7 will disappear. What is going on with America’s drug stores?

Walgreens is not alone in its woes — competitors Rite Aid and CVS have also been forced to reconsider their footprints and close locations amid challenging times for the industry. Rite Aid has ...

October saw another massive round of store closures from Rite Aid, which shuttered 68 locations in Michigan, 48 in Ohio, and ...

Walgreens started course correcting in May by cutting prices on 1,300 products sold in its stores nationwide to attract frugal shoppers. In June, the company announced plans to close hundreds of its ...

<iframe id="mp_1283053" title="Marketplace Embed" src="https://www.marketplace.org/2024/10/15/drugstores-struggling-economy-pharmacy-benefit-managers-walgreens-cvs ...