https://www.americanthinker.com/articles/2024/01/why_are_thousands_of_pharmacies_closing.html
Why are Thousands of Pharmacies Closing?
American Thinker, by James Stansbury
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.
Thanks for the info
I really wish I could remember the show, but I think it was Joe Rogan, and the guy that was on there used to work for this pharmaceutical industry. He has his own private compound pharmacy and that’s how he’s able to stay afloat. But yes, they’re trying to shut down all the mom and Pop pharmacies. I think what was happening is once they filled the prescriptions, they weren’t getting reimbursed by the pharmaceutical companies or whoever it was for 3 to 6 months. I mean who can keep up financials like that, with pharmaceuticals, no one….