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I’m skeptical about this reasoning that the company supposedly provided. I don’t think we should assume that they’re under any obligation to tell us the truth about why they’re shutting locations.

I think the real reason is “Amazon, Target, and dollar stores are eating our lunch.”

Without the attached clinics and pharmacies I don’t think Walgreens/CVS have a strong business to begin with.

This publicly-facing explanation puts all the blame on others, not their own store management. Not their understaffed, dumpy stores with high prices and bad products.

Can you think of a single product category that Walgreens or CVS does better than its equally convenient competitors?



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