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?
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?