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The average independent pharmacy had total sales of approximately $4 million and average prescription sales of approximately $3.7 million per location (accounting for 92.5% of all independent pharmacy sales). Over 26% of independent pharmacy owners have ownership in two or more pharmacies. [2]
The remaining pharmacies are considered to be independent or privately owned. The top 25 pharmacy chain stores represent about 38,000 pharmacy locations in the U.S. and employ about 149,000 on-staff pharmacists. California has 8,015 pharmacies, the most of any state.
In 2013, Health Mart was recognized by Drug Store News as the nation's largest independent pharmacy franchise and one of the fastest growing drug store networks of any kind with more than 3,100 member stores. [4] In 2018, J.D. Power gave Health Mart the second-highest score in its rankings of brick-and-mortar chain drugstores. [5]
A University of Southern California study shows that "as of 2020, pharmacies in Black and Latino neighborhoods were more likely to close and less likely to offer immunizations, 24-hour, and drive ...
Many pharmacy chains in the United States are owned and operated by regional supermarket brands, or national big-box store brands such as Walmart. These pharmacies are located within their larger chain stores. The three largest free-standing pharmacy chains in the United States are Walgreens, CVS, and Rite Aid.
CVS, the largest US chain, closed 244 stores between 2018 and 2020. In 2021, it announced plans to close 900 stores. And Rite Aid filed for bankruptcy last year and will close up to 500 stores.
CVS, the largest US chain, closed 244 stores between 2018 and 2020. In 2021, it announced plans to close 900 stores by 2024. Walgreens said in 2019 it would close 200 stores and in June announced ...
In 2020, Massachusetts CVS stores lost controlled substances at a rate several times higher than other pharmacy chains. [94] CVS was fined $5 million by the federal government in 2017 for controlled substance losses and other violations in California pharmacies, and $1.5 million in 2018 for failing to report losses from New York pharmacies. [94]