Remix.run Logo
gamblor956 2 days ago

Retail pharmacies in the US are dying dozens a day.

I have a lot of pharmacist relatives. This is news to them.

Scoundreller 2 days ago | parent [-]

Store count seems to have peaked in 2018. Yes that data goes to 2021 but I doubt it got better after that.

https://schaeffer.usc.edu/research/pharmacy-closures-united-...

The bigger thing is consolidation and independents being replaced by bigger fish because their leverage is very very low.

gamblor956 16 hours ago | parent [-]

If you read the data you would have observed that a large chunk of those store closures were by the big retail pharmacy chains, which blows your central thesis out of the water.

Scoundreller 2 hours ago | parent [-]

Maybe in absolute numbers but the situation for the ma and pa operations is worse:

“Independent pharmacies, often excluded from networks by pharmacy benefit managers, were more than twice as likely to face closure compared to chain pharmacies.”