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Nearly 30% of US drugstores closed in one decade, study shows [Yahoo! Finance]

Walgreens Boots Alliance, Inc. (WBA)  More Company Research Source: Yahoo! Finance
Last walgreens boots alliance, inc. earnings: 4/2 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.walgreensbootsalliance.com
Black and Latino neighborhoods were most vulnerable to the retail pharmacy closures, which can chip away at already-limited care options in those communities , researchers said in a study published Tuesday in Health Affairs. The trend has potentially gained momentum since the study's timeframe, because many drugstores are still struggling. In the last three years, the major chains Walgreens and CVS have closed hundreds of additional stores, and Rite Aid shrank as it went through a bankruptcy reorganization Drugstores have been dealing with shrinking reimbursement for prescriptions, rising costs and changing customer shopping habits. The chains been closing money-losing stores and transferring prescription files to more profitable locations. The study found that more than 29% of the nearly 89,000 retail U.S. pharmacies that operated between 2010 and 2020 had closed by 2021. That amounts to more than 26,000 stores. Researchers using data from the National Council for Prescripti [Read more]
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Stockreport

Nearly 30% of US drugstores closed in one decade, study shows [Yahoo! Finance]

Walgreens Boots Alliance, Inc.  (WBA) 
More Company Research Source: Yahoo! Finance
Last walgreens boots alliance, inc. earnings: 4/2 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.walgreensbootsalliance.com
Black and Latino neighborhoods were most vulnerable to the retail pharmacy closures, which can chip away at already-limited care options in those communities , researchers said in a study published Tuesday in Health Affairs. The trend has potentially gained momentum since the study's timeframe, because many drugstores are still struggling. In the last three years, the major chains Walgreens and CVS have closed hundreds of additional stores, and Rite Aid shrank as it went through a bankruptcy reorganization Drugstores have been dealing with shrinking reimbursement for prescriptions, rising costs and changing customer shopping habits. The chains been closing money-losing stores and transferring prescription files to more profitable locations. The study found that more than 29% of the nearly 89,000 retail U.S. pharmacies that operated between 2010 and 2020 had closed by 2021. That amounts to more than 26,000 stores. Researchers using data from the National Council for Prescripti [Read more]
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WBA
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LAST PRICE AT
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Multi-day stock performance from the time of the news release
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%
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