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The pharmacy chain plans to shutter 1,200 stores nationwide over the next three years. Walgreens to close stores in Lexington, Central Kentucky before end of year Skip to main content
Other competitors, like CVS Pharmacy, have also felt the pinch of declining profits, and even with nearly 400 CVS locations across Ohio, the retailer has closed at least 900 stores over the past ...
On October 27, 2015, Walgreens announced the purchase of competitor Rite Aid for $17.2 billion (equivalent to $21.6 billion in 2023). [12] [13] However, that deal was later scrapped due to antitrust concerns in favor of a $5.18 billion deal (equivalent to $6.33 billion in 2023), [12] in which Walgreens only acquired half of Rite Aid locations. [14]
One Walgreens pharmacy in Fort Myers, Florida, ordered 95,800 pills in 2009, but by 2011, this number had jumped to 2.2 million pills in one year. Another example was a Walgreens pharmacy in Hudson, Florida, a town of 34,000 people near Clearwater, that purchased 2.2 million pills in 2011, the DEA said.
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. Texas, Florida, New York, and Pennsylvania round out the top five states for pharmacy locations. [1]
Customers enter Wheeler’s Pharmacy as it opens at 9 a.m., where a regular crowd enjoys breakfast together in Lexington, Ky., on 1/4/02. Herald-Leader File