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Drugstores

Why drugstores could be on the list of troubled business models

by Matt Levin
Oct 15, 2024
Walgreens will close 1,200 stores over the next three years. Rite Aid filed for bankruptcy last year, and CVS is closing hundreds of stores.
When was the last time you went into a drugstore and thought, "This place is AWESOME! I want to spend MORE time here!"
Scott Olson/Getty Images
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Retail pharmacists walk out, citing overwork and understaffing

by Savannah Peters
Nov 2, 2023
The walkout, called "pharmageddon" on social media, included pharmacists at CVS and Walgreens.
Most retail pharmacists don’t belong to a union, but these recent walkouts could lead to more interest in organizing, says Richard Dang, a professor of clinical pharmacy of USC.
Alexi Rosenfeld/Getty Images
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Rite Aid's bankruptcy reflects how much the corner drugstore has changed

by Kimberly Adams
Oct 16, 2023
Corporate mergers and competition from supermarkets, discount clubs and online startups — among other forces — have altered how pharmacies need to do business.
The pharmacy business has seen lots of change in the last few decades.
Michael M. Santiago/Getty Images
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Walgreens adds in-store weight loss clinics to gain store traffic

by Marielle Segarra
Oct 29, 2019
At the same time, the retailer's scaling back its in-store clinics.
People walk by a Walgreens store in San Francisco.
Justin Sullivan/Getty Images
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Notice less candy around CVS cash registers? You're right

by Sally Herships
Sep 13, 2017
CVS wants to be known for improving health, so it's making subtle changes.
A display at CVS touting healthy snacks.
Sally Herships/ Marketplace
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Drugstores try to cure last-minute shopping angst

by Reema Khrais
Dec 23, 2016
Rite Aid is trying to fill more than the medicine aisles this season.
Justin Sullivan/Getty Images
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