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Business Rundown: The Disappearing Drugstore Chain

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Manage episode 446208463 series 3258459
Kandungan disediakan oleh FOX News Radio. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh FOX News Radio atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

Walgreens has announced plans to shutter 1,200 of their US stores. It’s the latest in a trend; CVS reported they would soon close 900 locations and Rite-Aid has already closed 500 stores after filing for bankruptcy.

So why are the days of finding a brick-and-mortar pharmacy on every corner becoming more and more a thing of the past?

FOX Business correspondent Lydia Hu breaks this down with FOX Business’ Kelly Saberi in Chicago. They discuss consumer habits, invasive anti-theft protocols, and pharmacy competitors that are straining the success of America’s drugstore chains.

Photo Credit: AP

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1200 episod

Artwork
iconKongsi
 
Manage episode 446208463 series 3258459
Kandungan disediakan oleh FOX News Radio. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh FOX News Radio atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

Walgreens has announced plans to shutter 1,200 of their US stores. It’s the latest in a trend; CVS reported they would soon close 900 locations and Rite-Aid has already closed 500 stores after filing for bankruptcy.

So why are the days of finding a brick-and-mortar pharmacy on every corner becoming more and more a thing of the past?

FOX Business correspondent Lydia Hu breaks this down with FOX Business’ Kelly Saberi in Chicago. They discuss consumer habits, invasive anti-theft protocols, and pharmacy competitors that are straining the success of America’s drugstore chains.

Photo Credit: AP

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1200 episod

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