Becker's Healthcare August 5, 2024
Pharmacy owners are redesigning their stores to attract former customers who have flocked to their competitors such as Amazon, Walmart and Dollar Tree, the Chicago Tribune reported Aug. 4.
There are more than 30,000 drugstores across the country, but locations are steadily closing amid financial pressures. Walgreens and CVS have announced closures on a rolling basis in recent years, and after Rite Aid filed for bankruptcy in late 2023, it has closed about 500 stores.
Other than disruptors, longstanding pharmacies are facing higher costs and fewer reimbursements, the Tribune reported.
To counteract the trend, Walgreens is trialing digital kiosks and stores that are one-fourth their usual size; CVS is going the opposite...
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