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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.
Independent pharmacy owners generally have more flexibility to build personalized customer relationships and they strive to differentiate their services from big-chain corporations. In 2010, there were 23,064 independent pharmacies in the U.S. [ 1 ] Independent pharmacies dispensed approximately 1.5 billion prescriptions annually accounting for ...
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.
He added that big pharmacy managers, which set the drug prices, are often owned by the drug store chains like CVS. Thus, they have squeezed profits for independent pharmacies.
Big pharmacy chains aren't immune either. Walgreens , for example, reported an $8 billion loss last fiscal year, according to the company. Lori Trudell, a professor at Clemson University, says ...
In 2011, Health Mart topped traditional chain drug stores in terms of pharmacy customer satisfaction in a JD Power study. [3] 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]
As state attorneys general started suing pharmacy chains over their pharmacists’ role in the national opioid crisis, Rite Aid eventually faced some 1,600 federal, state, and private suits, and ...
The chain was owned by its original holding company Melville Corporation from its inception until its current parent company (CVS Health) was spun off into its own company in 1996. CVS Pharmacy is currently the largest pharmacy chain in the United States by number of locations (over 9,600 as of 2016) and total prescription revenue.