Premium Only Content
[2024-08-04] Why Walgreens And CVS Are Shutting Down Thousands Of Stores
CNBC
Why Walgreens And CVS Are Shutting Down Thousands Of Stores
Friday, August 4, 2024
#CNBC, #walgreens, #cvs, #pharmacies, #chainpharmacies, #retail, #economy
#jobs, #drugprices, #inflation, #antitheft
In its fiscal third-quarter report, Walgreens announced its plans to close a ‘significant’ amount of stores, acknowledging only 75% of its 8,600 stores were profitable. While no specific stores were tapped for closure yet, more than 2,000 locations could face the chopping block by 2027. This is just the latest sign of trouble for the struggling retail pharmacy sector as CVS and Rite Aid both announced large closures in the past year. Watch the video above to learn why U.S. pharmacy chains are fighting for survival.
Chapters:
Introduction
What Went Wrong
The drug pricing problem
The impact of pharmacy deserts
What’s next?
Produced by: Devan Burris
Edited by: Darren Geeter
Animation: Christina Locopo, Jason Reginato
Senior Managing Producer: Tala Hadavi
Additional Footage: Getty Images, CVS, Rite Aid
https://www.youtube.com/watch?v=j-BKmFVCM3s
--------------------------------------------------------------------------------------
My Affiliate pages and products:
Pinterest:
https://www.pinterest.com/ninjaman1994/
Twitter:
https://twitter.com/ninjaman1994
My Referral URL Rumble Link
https://rumble.com/register/ninjaman1994/
My YouTube Channel
https://www.youtube.com/@iem2011ee616
My Odysee Channel - Promoting Various Products Online & Side Hustle Ideas, ETC.
https://odysee.com/@ninjaman1994:8
My Click-A-Snap Account
https://www.clickasnap.com/jiraiya1988
* Word Search Puzzles For Everyone Over 350+ Cities and Towns in Alabama
https://amzn.to/3I7zpOb
* Sudoku Puzzles for Everyone: June 2022
https://amzn.to/3hPsjDs
* 2022 Word Search Puzzles for All Ages Paperback - May 2022
https://amzn.to/3WsmEC9
* iMax IPTV
https://imaxiptv.com/billing/aff.php?aff=44
* Delta SkyMiles Dining
https://www.skymilesdining.com/join?utm_source=accountcenter&utm_medium=website&utm_campaign=2023_referral&referrer=4FEF395D-F4F2-4DB0-BE44-07B878BA550A
-
2:45:39
Tundra Tactical
4 hours ago $2.46 earnedTundra Nation Live : The Worlds Okayest Gun Live Stream
13.7K -
17:06
Professor Nez
2 hours ago🚨BREAKING: Elon Musk to BUY MSNBC!? Dems STUNNED by Brian Williams’ Viral Video!
11.1K24 -
LIVE
CHiLi XDD
4 hours agoIf You Smell LALALALA What CHiLi IS COOKING!!... #RUMBLETAKEOVER [Overwatch 2]
1,020 watching -
LIVE
Delnorin Games
5 hours ago🔴 Live - Star Citizen
205 watching -
1:39:44
HELMET FIRE
6 hours agoDEADROP IS BACK!
92.7K6 -
10:03
Tundra Tactical
8 hours ago $9.67 earnedBrandon Herrera Vies Bid for ATF Director!
56.8K8 -
22:01
DeVory Darkins
1 day ago $27.54 earnedHakeem Jeffries SHUTS DOWN The View as Matt Gaetz Speaks out
51.5K100 -
2:02:54
Mally_Mouse
7 hours agoLet's Play!! - Spicy Saturday
35.6K1 -
1:33:06
Slightly Offensive
8 hours ago $21.39 earnedAre You Ready for What's Coming Next? | Just Chatting Chill Stream
54.1K33 -
32:10
MYLUNCHBREAK CHANNEL PAGE
1 day agoThe Gate of All Nations
130K58