Private equity, huh?
Walgreens has about two year left before shutting down.
this post was submitted on 07 Mar 2025
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Start the clock...
Although... my company went that route and ended up being sold to a big tech company, so there can be happy endings...
Private equity - often funded by our own 401Ks, destroying every business they touch with almost no oversight. Strip mining American wealth before the rich abandon this country for various tax havens to set up their network states. Total trash.
The excess wealth of the rich needs to be perpetually redistribed.
So, in about 5 years, the only physical retail pharmacies for PPO plans in the US will be CVS, Costco, Walmart, and Kroger owned companies. Walgreens will be picked to the bone and Rite Aid is currently dying.
so excited to have such a huge struggle getting my medications
Don’t forget Amazon Pharmacy.
Does that have physical locations?
And, if so, how flammable are they?
Give Whole Foods some time to make that happen.
They own one medical, which has many physical locations.
What’s wild is from my perspective and location, CVS and Walgreens are already gone. They still have stores here but they’re so understafffed and poorly managed that they’re unusable.
CVS and Walgreens are everywhere. I've lived in several cities and always see them. CVS is also in Targets. I use them. Very good pharmacy. I don't think they're going anywhere anytime soon.
Glad you’ve had good experiences. Seeing them everywhere is irrelevant to my point, the physical locations still exist and they’re still “open” and accepting customers but it’s not realistic to actually get service there because it takes days to get medicine and then an hour or more wait at the store to actually get a pharmacist to hand it to you.
It’s all anecdotal, but in my region they’re dead.
it takes days to get medicine and then an hour or more wait at the store to actually get a pharmacist to hand it to you.
Where do you live? I live(d) in the largest metros in the U.S, and have used 5 different CVS pharmacies. Only one was kind of iffy, and it was right by a major state university. The one I currently go to gets the meds the next or even same day, and I rarely wait. Even the busier ones at peak times, I never waited more than 30 minutes.
Whelp now we know Walgreens will get shittier, exploit workers more, exploit your personal data more, or more likely all of those and more. Time to stop going to Walgreens and wait for the economic zombies to move on
Good, hope they strip it to the bone. Ever since they started locking up anything and everything in their store, I've tried to use them less and less. They're one of the biggest proponents on the side of the insane narrative that shoplifting is destroying American businesses, even though last I checked they were happy to engage in massive amounts of wage theft.