Posted on 06/29/2023 11:09:36 AM PDT by Angelino97
Lay down with the devil don’t expect to be alive the next morning!
Those stores were open BEFORE Covid. They couldn’t just scale to what they were?
Big business is nuts.
So their entire business was dependent on Covid?!
They always feared good health would happen and their profits would dry up.
That’s the conspiracy theory posited for diabetes.
To cure it would make a few million.
To keep it going for tens of millions of sufferers will continue to bring in billions of dollars. Strips, testers, Rx’s, doctors’ visits, hospitalizations, side effects, surgery....
This Walgreen’s problem is like the old antiwar joke about war profiteers making a fortune: They’re worried peace could break out.
Their 150 stores will be in high crime areas. This is more about retail theft than the vax.
Just what was it that she axed them??
They bet the farm on a signing bonus and COVID shots and tests? Nothing to do with allowing theft?
Like Walmart and big box stores that ruined the mom and pop stores on Main Street all over the country, then were sorry to find they, too, had to downsize.
Walgreen’s took away a lot of small pharmacies often owned by a family who kept the place going for decades. Then couldn’t compete with the two new Walgreen’s and three CVS places within two miles of them.
RE: Nothing to do with allowing theft?
Crackdowns on theft are racisssss.
They’re closing stores that opened, pre-COVID, because COVID is over?
Their business model depended on a vaccine that didn’t exist?
You read my mind (few pages as it has).
This is a return to normalcy. Sales of the vaccine and tests were an aberration and were exploited. Good for them from a capitalism perspective
If the business and market thinks they were to be on going, then they are idiots.
Stores were built prior to covid so why are they unprofitable now? It isn’t because of COVID - more likely it’s due to the issue all other retailers are having in metro areas - shoplifting.
Just using Covid as an excuse.....again.
Maybe they thought it was a genius way to close the ghetto stores without saying they are closing the ghetto stores?
She axed if her job is still safe now that affirmative action is illegal.
Well, their CEO has mastered corporate jargon (i.e., using many impressive words to avoid saying anything specific):
'We have seen changing market trends that have consumers prioritizing value in response to a more uncertain and challenging economic environment.'
since Walgreens is trying to underground railroad LGBTQ+rstuvwxyz kids to clinics, good. I hope they crash and burn. Thumbs up for the diversity hire, good job! Get a juice box
I’ve seen a number of stories this year stating CVS and RiteAid are having problems. Some predict that they will be shuttering some stores.
This CEO is as bad as Bud Light's marketing director.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.