Why are Thousands of Pharmacies Closing?
Posted By: DW626, 1/26/2024 5:32:35 AM
About five years ago the only pharmacy in my small town in rural Virginia closed. A year or so later a second county drugstore failed. Soon the owner of the last remaining drugstore in the county was unable to make a profit and had to sell. (These last two managed to reopen at a later date.) I was unaware the loss of our drugstores was a nationwide trend until reading an article by Karen Kerrigan, president and CEO of the Small Business & Entrepreneurship Council. She reported that mom-and-pop drugstores in rural areas were particularly hard hit, leaving about 630 rural communities with no pharmacy by 2018.
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Why are Thousands of Pharmacies Closing?
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About five years ago the only pharmacy in my small town in rural Virginia closed. A year or so later a second county drugstore failed. Soon the owner of the last remaining drugstore in the county was unable to make a profit and had to sell. (These last two managed to reopen at a later date.)
I was unaware the loss of our drugstores was a nationwide trend until reading an article by Karen Kerrigan, president and CEO of the Small Business & Entrepreneurship Council. She reported that mom-and-pop drugstores in rural areas were particularly hard hit, leaving about 630 rural communities with no pharmacy by 2018.
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