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There's been a similar trend among drug stores as well. Bartell Drugs for example was a staple pharmacy here in Seattle until it was taken over by Rite Aid, whe

There's been a similar trend among drug stores as well. Bartell Drugs for example was a staple pharmacy here in Seattle until it was taken over by Rite Aid, where it became a hollow shell of its former self and rapidly falling apart. Companies buy out the competition, push up prices, kill local competition and then hold a monopoly over regions where they can freely mandate whatever price they want.

exmadscientist 3y ago
That's been an interesting one to watch from here, being right next to both a Bartell's and a (horrifyingly awful) CVS. The Bartell's pharmacy disintegrated immediately when Rite Aid got around to touching it. The rest of the store has been a slow decline, as stock becomes more and more generic, but somehow it's still the best place nearby for that mid-day snack break. (Maybe that says more about what's nearby than anything else?) Though I doubt it will stay that way for too much longer.
lotsofpulp 3y ago
And yet, retail pharmacy and grocery store businesses have near zero profit margins.