Judd Legum

@JuddLegum ↗

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Last Checked Feb. 25, 2022

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Mon Feb 14 13:37:47 +0000 2022

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Judd Legum @JuddLegum

6. Why are drugstores closing? They rely on foot traffic from people picking up prescriptions to sell higher-margin products like OTC drugs and cosmetics But more people are getting their prescriptions online So there are too many drugstores in the US https://t.co/kDmvTyikA8 — PolitiTweet.org

Posted Feb. 14, 2022

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Judd Legum @JuddLegum

5. @riteaid did not attribute any of the store closures to shoplifting. And the reduction in stores is part of a larger trend in the industry. CVS also announced last November that "it would shutter 900 locations over three years" https://t.co/kDmvTyikA8 — PolitiTweet.org

Posted Feb. 14, 2022

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Judd Legum @JuddLegum

7. Shoplifting does not have a significant impact on profitability because these drugstore chains are insured and can recoup most of the cost from stolen items. @Walgreens has closed 1,000 stores since 2018 https://t.co/kDmvTyikA8 — PolitiTweet.org

Posted Feb. 14, 2022 Deleted after 2 hours