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Alfond378 t1_ivw54la wrote

They should just spit out the truth that the company lost a ton of money due to the opioid settlement and they are cutting the low performing stores to maintain their high levels of profits.

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Itchy-Marionberry-62 t1_ivw5vii wrote

Probably a high level of shoplifting as well.

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Smooth_Bowl_8248 t1_ivw6d1y wrote

While I don’t agree with people losing their lives and such when they get busted, just deciding it’s no longer illegal to steal isn’t exactly fixing stuff. Brick and mortars already a slim margin proposition vs online, especially in the cities, free passes to shoplift with impunity only going to expedite the death March of physical stores

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Maxpowr9 t1_ivwpot7 wrote

Yep. Pharmaceuticals moving online and being shipped directly, especially QoL meds, are killing CVS et al.

Feel bad for some, but the reality is, there is no reason why my dad should need to go to a physical CVS store for his diabetes meds or my mom's thyroid medication.

It's the same fear mongering over alcohol being shipped but the reality is, it's someone wanting to keep their fiefdom profitable.

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Kingpine42069 t1_ivz0y4z wrote

politicians aren't real people, they have to be as woke as possible to get headlines and be relevant. the consequences of their stupid policies have no impact on their lives

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H2AK119ub t1_ivwdl78 wrote

Nubian Station Walgreens was always desolate with half empty shelves. Literally no revenue or customer base for this location aside from the zombies.

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giritrobbins t1_iw1gabb wrote

That's every Walgreens I've been too. The one on centre street is depressing as hell. I walk the extra distance to cvs

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psychicsword t1_ivwp62g wrote

The pandemic also increased their costs substantially. There is a huge labor shortage of pharmacists right now and their job got more complicated over the pandemic which requires higher wages to keep them employed.

Additionally a lot of their customers are turned to delivery services over the pandemic and likely aren't returning. If my prescriptions were allowed to be delivered I know I wouldn't be going to the stores anymore but I haven't found one willing to ship ADHD meds.

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rocksalt131 t1_ivyatty wrote

I believe there is a shortage of Pharmacy Techs but not pharmacists

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UltravioletClearance t1_ivxxb4i wrote

No one can afford to work as a minimum wage pharmacy tech so they're facing labor shortages as well. Yet another consequence of the failure to build more housing.

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Proof-Variation7005 t1_ivwf1pd wrote

I thought that but the settle is the equivalent of 1/35 a year’s revenue spread out over 5 years. Like, they’d still be arguing if this wasn’t a settlement they couldn’t easily absorb

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