Why neighborhood pharmacies are closing

CVS, Rite Aid and Walgreens closures across the U.S. in recent years haven't surprised industry experts, who anticipate more shutdowns as the industry adjusts and rightsizes itself."We have been watching this car crash in slow motion for years," George Hill, managing director and senior equity research analyst at Deutsche Bank, told FOX Business. CVS in 2021 announced plans to close 900 locations over three years, citing factors such as population shifts, consumer buying patterns, store den