Grocery stores have rarely viewed pharmacies as profit-drivers, but rather as an amenity that will make customers more likely to choose them
The pharmacy business is increasingly consolidated, both in terms of ownership and location. Simply put, the total number of pharmacies is declining, driven largely by a decline in the number of grocery stores with pharmacies.
For the first time in recent memory, the number of grocery pharmacies decreased in 2017, from 9,344 to 9,026.
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