Retail pharmacies like Walgreens and CVS are grappling with declining profits and customer dissatisfaction, fueled by long wait times, staff shortages, and intense competition from online giants like Amazon. The industry is facing a fundamental shift as traditional business models are challenged by changing consumer behavior and financial pressures.
Results for: CVS
Pharmaceutical chain Rite Aid has filed for bankruptcy and announced the closure of 436 stores since October. The closures include 6 stores in Pennsylvania, as well as a store in Dauphin County, where customers are being directed to a nearby CVS pharmacy.