Podknife - More urban pharmacies are disappearing. What's driving the closures? by Soundside

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More urban pharmacies are disappearing. What's driving the closures?

Podcast |: Soundside
Publisher |: KUOW
Media Type |: audio
Podknife tags |: News & Politics,; On The Radio,; Seattle,; Society & Culture
Categories Via RSS |: Daily News,; News
Publication Date |: Dec 21, 2023
Episode Duration |: 00:18:49

In 2020, chairman George D. Bartell said the sale of his 130-year-old family company was the only option. Regional operators like Bartell Drugs just couldn’t compete in the pharmacy business anymore. But now, after acquiring Bartell, Rite Aid itself is in a deep hole. Since the acquisition, Rite Aid has closed 21 of 68 Bartell locations, along with some of its own stores. So why are pharmacies struggling to stay afloat?

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