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Walgreens will close a “significant portion” of its 8,600 U.S. locations over the next three years as it struggles to keep up with a rapidly evolving retail pharmacy industry, the company announced Thursday.
Walgreens to shutter many stores as profits tumblewapo.st The retail pharmacy giant expects to close a “significant portion” of its 8,600 U.S. locations over the next three years.
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When they started locking up my shampoo, deodorant and body wash I started getting that stuff on Amazon rather than wait for the lone store employee to come unlock it.
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Good riddance. Nobody needs a pharmacy that lets their employees enforce their private religious beliefs on patients. I guess the market had something to say about it as well, huh?
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The invisible hand of the free market gonna smack a bitch.
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The free market is surprisingly woke sometimes, huh? Almost as if, I dunno, the vast majority of people felt that way
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The vast majority of people are not actively hateful bigots, turns out. Most regular folks all want the same basic stuff. To do better for their families, a peaceful life, and food on the table. From the US to Iran to Amazonian tribes.
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I actually switched from Walgreens to a locally owned pharmacy over that crap. Plus, waiting for 45 minutes in line to pick up stuff was obscene.
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So there might only be one per city block now?
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Right? I can stand on my porch and throw a rock and hit at least 3 of them.
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damn i gotta move wherever you are, there are like 3 drugstores left total here in seattle
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San Francisco has lost a lot of them but we still have at least three CVS/Walgreens options in the core of downtown. The CVS inside a Target is the only one that isn't horribly depressing at all times.
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i feel like 3 isn't veyr many for a major city
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That's just right on Market Street. There are a bunch more in the neighborhoods. I go past two that I know of on my commute and it's pretty short!
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oh ok yeah. i can only think of maybe 3 or 4 left in downtown seattle overall i think
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there’s also the pop-up drugstores in the mission district
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Cut every Walgreen C.E.O. pay first… accountability starts at the top
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So the strategy of building a Walgreens across the street from every CVS in America wasn’t a winner?
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Interesting. Where I live it was CVS that was building across from every Walgreens that had been there fir decades. They suck even more. Never heard of them until 10-15 yrs ago when they came to St. Louis.
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I live in New England. I forget we were the launch pad for CVS, so they were prevalent here before Walgreens.
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And Walgreens started out in Chicago, so it all makes sense. I have Myrtle Walgreens autographed biography. She was a friend of my great aunt. Their connection was through their passion for gardening but she was quite instrumental in her husband's pharmacy growth.
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Cool piece of history. CVS and Walgreens followed different paths. CVS jumped into vertical monopoly as soon as it became clear the health insurers were going to squeeze the pharmacies. They bought Aetna, so have their own pet insurance company.
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I see you like history. I wouldn't normally go there.
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Perhaps if they weren't such a truly terrible pharmacy?
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When they closed their pharmacy (at least near me) on Weekends, that was the deal breaker. And I love Walgreens, you could find anything!
In a world where retail competes with delivery the geniuses running these companies have decided that making the in person buying experience as painful as possible is the answer to that competition. Slash staff, self checkout, most items locked which can't be unlocked by the slashed staff.
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If they were ONLY a pharmacy, they'd probably be doing fine. But they also want to be a gasoline-like convenience store, yet near me none of them are well placed, and they always have one guy working the entire retail side.
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A locked up product means I don't buy that product at that store. It's really quite simple.
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I call that "shopper repellant"
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"profits tumble" YOU PHYSICALLY WILL NOT *LET* US BUY YOUR PRODUCTS!
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Huh. Maybe they should have stocked birth control and Plan B.
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Maybe the corporate philosophy of "rip off your customers" doesn't always guarantee returning customers? How many crimes has Walgreens been charged with over the last 25 years? How many DOJ settlements? Anyone know?
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Good. They expanded like a virus, driving lots of local pharmacies out of business. And the corporation's worse offense was leveling one of the last remaining tiki clubs in the US - the Kahiki in Columbus, OH. I've never stepped into a Walgreen's since then.
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Another business that plays music in the store and wonders why nobody wants to shop there unless they have to.
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I don't think the music is nearly as much of an issue as lying about rashes of shoplifting, locking up product, reducing pharmacy hours, reducing staffing...
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Oh, and of course denying birth control options.
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I don't get why they limit Pharmacy hours so much. Surely that is the cash cow for these stores.
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My guess is they can't hire enough pharmacists. Retail pharmacy jobs are notoriously horrible
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To step inside a Walgreens is equivalent to having several ounces of happiness drained from your being.
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Oh, so all the blatantly racist accusations of theft based on certain neighborhoods was a lie all along? Color me shocked. 🙄
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As it struggles to keep their pharmacy staff from being fascist assholes.
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When you're a drug store that doesn't have a functioning pharmacy, what do you expect to happen?
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So, all this commotion about shoplifting was really about the bottom line?
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As it struggles to not suck ass
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Probably would have a better market share if they hadn’t burned a bunch of money trying to be Theranos’ number one vendor of fake blood tests