Bankrupt retail chain closing over 150 more store locations
The bankrupt drugstore chain is closing 151 more locations.
National drugstore chains have faced financial distress since the Covid-19 pandemic, leading to some of the largest chains designating 100s of stores for closure.
The most significant reason for all of the closings has been intense competition from consumers filling their prescriptions online through healthcare providers, Amazon, or specialty pharmacy providers like Mark Cuban's Cost Plus Drugs.
