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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWalgreens shuts hundreds of stores as protests grow
Just because a market needs a store does not mean retailers can make money operating in that area.
In some cases, there's simply not a large enough population to justify opening or operating a store. In other cases, the economics of the population simply don't work.
That's why some markets have what's known as food deserts, areas where people have limited access to affordable, healthy food, especially fresh fruits, vegetables, and whole foods. These areas often lack full-service grocery stores.
In recent years, pharmacy deserts have become increasingly common. Those are areas where companies like CVS, Walgreens, the now-closed Rite-Aid, or local operators have pulled out.
https://www.msn.com/en-us/money/markets/walgreens-shuts-hundreds-of-stores-as-protests-grow/ar-AA22rGAA?ocid=nl_article_link
AZJonnie
(3,952 posts)The wording of the headline implies that Walgreens are shutting stores because of protests, which I assume (based on the blurb included in the OP) is not actually the case
In any case, welcome to the joys of laissez faire capitalism, folks!
Response to AZJonnie (Reply #1)
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AZJonnie
(3,952 posts)Welcome to DU
mwmisses4289
(4,588 posts)That the shoplifting in minority neighborhoods was no more than more affluent white areas? That the shoplifting excuse was just an that- a racist excuse to pull out of minority areas?
TheProle
(4,049 posts)EX500rider
(12,705 posts)They really don't care who shops there as long as it makes a profit
Ponietz
(4,389 posts)and the first two aisles are empty because of shoplifters. Now, the fucking shampoo is under lock and key just as in some desperate third world countries Ive seen.
Coventina
(29,911 posts)dickthegrouch
(4,611 posts)And if theyd looked at the existing population demographics They wouldnt now be whining that the population served isnt big enough.
ProfessorGAC
(77,148 posts)CVS here, but the chain doesn't have a national contract with Blue Cross/Blue Shield.
Loads of people around here have health insurance through BCBSIL.
A local guy who was a pharmacist at a CVS in another town, opened up a tiny building on abandoned property right on the main highway through town.
Not a fill service place, but scrips are filled & they have a drive-thru.
Now we have 2 pharmacies in town, so CVS doesn't have a monopoly.