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Nearly 30% of US drugstores closed in one decade, study shows

  • A study found that more than 29% of U.S. Pharmacies closed between 2010 and 2020, totaling over 26,000 stores by 2021.
  • Major chains like Walgreens and CVS closed hundreds more stores recently, with Rite Aid undergoing bankruptcy reorganization.
  • Pharmacies in areas with higher Medicaid and Medicare patients faced greater closure risks, according to Dima Qato, the study’s lead author.
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