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re: Walgreens - WBA - wtf is going on here?

Posted on 9/3/23 at 10:22 am to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
40253 posts
Posted on 9/3/23 at 10:22 am to
quote:

If you take the time to switch to Walmart, why not go to a mom and pop store? Like another poster said, it is like heaven compared to a chain.


Because Mon - Fri 9-4 doesn’t work for me.

If there was a local that was open until 8 pm and open on weekends, and took my insurance, I’d switch there in a heartbeat
Posted by lynxcat
Member since Jan 2008
25028 posts
Posted on 9/3/23 at 10:23 am to
quote:

If you take the time to switch to Walmart, why not go to a mom and pop store? Like another poster said, it is like heaven compared to a chain.


I don’t think I’ve ever seen a mom and pop drug store in my area. Walmart pricing is great and it’s convenient. I also use Kroger pharmacy. I have zero loyalty to a pharmacy…it’s a price and convenience of location decision. They are a fulfillment arm and nothing more for me.
Posted by Twenty 49
Shreveport
Member since Jun 2014
20887 posts
Posted on 9/3/23 at 6:36 pm to
quote:

I don’t think I’ve ever seen a mom and pop drug store in my area.


My parents live in a rural parish. There is one pharmacy in the whole parish, and it is mom and pop, literally.
Posted by lynxcat
Member since Jan 2008
25028 posts
Posted on 9/3/23 at 8:43 pm to
Well, if rural they don’t have many options so I would assume they go where they can
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
11631 posts
Posted on 9/4/23 at 12:28 am to
quote:

Maybe if they built a 2nd one across the street from CVS they’d do better.


I kid you not, but there are two Walgreens on the same intersection in Gulfport. So they could use a little more space between stores of different ownership including their own. One is a store they built and the other one was purchased when they took over RiteAid stores in the south.

Ida killed my local Walgreens that started many decades ago as a K&B. The store was just updated right before Zeta and after Zeta had damaged part of the store.

Not sure if it was a leasing issue or if they own the property. The rest of the shopping center was being used as a FEMA camper site.
This post was edited on 9/4/23 at 3:22 am
Posted by AlaskaAg
Member since Feb 2022
1544 posts
Posted on 9/4/23 at 3:17 pm to
They went all-in on COVID vaccinations and boosters which created a false market for their retail side in the foot traffic. Staffing issues as mentioned before as well as a futures outlook that that is poor are causing a negative outlook.

I’m not sure what impact the current and future price negotiations between pharmaceutical companies and Medicare will have on retail, but I’m assuming negative. Pharma has been lobbying against it and the crap rolls down hill.

I would sell if I owned it or stay away if you don’t.
Posted by leeman101
Huntsville, AL
Member since Aug 2020
2437 posts
Posted on 9/5/23 at 7:13 am to
So is Walgreens the next Rite Aid?
Posted by gerald65
Moss Bluff, LA
Member since Jul 2020
710 posts
Posted on 9/7/23 at 11:50 pm to
I spent a few days in the hospital a couple of months ago. When I checked out, the Dr. had me get some pills before I left. They cost me $1 each.

A few day later, I saw my regular Dr. and he wanted me to take the pills a little longer. Walgreens charged me $5 per pill and would not come down on the price when I questioned why it was so high.

I am now using Walmart and another pill I take is about 75% cheaper there.
Posted by leeman101
Huntsville, AL
Member since Aug 2020
2437 posts
Posted on 9/8/23 at 7:45 am to
I'm a Publix Pharm guy. A few years ago they had free drugs on some of there high blood pressure meds and antibiotics.
Posted by NATidefan
Two hours North of Birmingham
Member since Dec 2008
36776 posts
Posted on 9/11/23 at 8:23 pm to
quote:

Walgreen's pharmacy service got so bad locally that I had to stop going there.


Same
Posted by deeprig9
Unincorporated Ozora
Member since Sep 2012
73349 posts
Posted on 9/12/23 at 2:44 pm to
quote:

local owned drug stores


That's all fine and dandy unless you have Athem/BlueCross and you must use CVS or Mail-Order or they don't cover the drugs.
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