Walgreens Boots Alliance is undertaking a transformation focused on its retail pharmacy business in response to persistent challenges in the consumer market and pharmacy sector. As part of this strategy, the company plans to close approximately 1,200 underperforming stores in the next three years to...
The rising use of prescription drug discount cards is reportedly leading to significant implications for pharmacy chains. These discount cards, such as those offered by GoodRx, are negatively impacting the margins of retail pharmacies, Bank of America analyst Allen Lutz said, according to a Tuesday (Sept. 19) report by Seeking Alpha. This...
October 15, 2024
Walgreens Boots Alliance is undertaking a transformation focused on its retail pharmacy business in response to persistent challenges in the consumer market and pharmacy sector. As part of this strategy, the company plans to close approximately 1,200 underperforming stores in the next three years to streamline operations and increase profitability. A challenging consumer spending environment […]
September 19, 2023
The rising use of prescription drug discount cards is reportedly leading to significant implications for pharmacy chains. These discount cards, such as those offered by GoodRx, are negatively impacting the margins of retail pharmacies, Bank of America analyst Allen Lutz said, according to a Tuesday (Sept. 19) report by Seeking Alpha. This shift in consumer behavior has resulted in pharmacy benefit managers […]
