The same people that told us the economy is doing great are the same people that told us Joe Biden is the "sharpest he has ever been".

Now, should china start reporting in the news about how the US economy is collapsing? That would only be fair, right?

CVS & Walgreens are horribly overpriced. Like the cost of 4 rolls of toilet paper is about the same as 8 rolls at the supermarket. They might have more convenient locations but they bend over their customers on prices.

This will severely damage rural regions. Just like the hospital closures that have been going on. The US healthcare system should not be a for profit system.

*WE DONT HAVE AMA3ON IN MY COUNTRY* you know what we do have - busy thriving high streets and a waiting list for city centre shops

One of my first jobs was working in a pharmacy chain. None of them stood out from one another apart from their names. I remember offering diabetes support was allegedly what made us stand out but that didn't stop us from loading-up on salt and sugary foods to sell to the masses.

Dollar Stores will pop up like mushrooms on the corpses of former retail giants. Desolved back into the ecosystem.

I was at Walgreens last week. Found my allergy medicine (store brand) for $50 for a one year supply. I actually bought the medicine for $12 on Amazon though.

The American empire is falling into the deep darkness

This is what happens when Wall Street gets all the money from the average person in the form of 401Ks. They use that money to build tons of corporate chain stores, this crowds out small businesses, and leads to too many stores being built. May of these corporate chain stores pay people the lowest wages possible, and you have a carbon copy of these stores in every city in the US.

No company should be owning thousands of stores. With that many, they could afford for them to be run well enough, and there's an over concentration of power.

Rossmann said you can never have too many pizza joints.

"So, we opened a store we couldn't afford to begin with. Let's shut it down, and fire the innocent souls broke enough to work for us." - Store Exec.

This afternoon, I was in Walgreens, and in an effort quench my thirst, I went to the refrigerated aisle to look for a coke. Alas, Walgreens wanted $3.35 for a 20 oz Coke Zero, and instead of paying that crazy price, I decided to remain thirsty. Back in my day, Walgreens used to be a combination of a pharmacy and a dollar store. Now, it's really neither.

Nothing last forever! Where's Kmart, Sears, Mervins, Woolworths, Payless, JC Penny's, Macy's Etc... The list goes on. They're all being replaced with online and supercenters like Wal-Mart. 🤷

I think this is my favorite new channel

Walgreens is a 7/11 with a pharmacist. Whatever they sell is more expensive because they know it's easier to walk in a Walgreens than find parking at Walmart.

I haven't bought a bag of chips for a year. Lost 10 pounds. I can't afford to be fat anymore. 🥔

Falling reimbursement rates for prescription drugs.

Stocks are priced in useless devalued dollars. They must go higher. And will.

Where am I gonna get my Narcan to barter for my weekly tent city meeting? /s?

Thank you Blob! Always appreciate your perspective. 🙏

These places charge a premium for their products and their target audience are elderly folks who used to have a decent amount of disposable income. Now that everything costs 2-3 times what it used to it is now worth it to put your prescription at Walmart or Target and buy cheaper stuff there instead.

Only Asian retailers can remedy the whole fiasco.

The issue are franchise stores placing a store every 5 miles in cities that are car dependent. I would like to see a city that forces franchises to only have a single store in a 30-mile radius. Sure stores will be busier, but could bring back more local businesses.

This is just the beginning. More to come.

While businesses and factories are closing the number of wars the sales of arm has increased. One door closes one mpre will open .

I don't know how five guys is doing with their expensive burgers

So many great things happening in America.

My local Walgreens where I get all my prescriptions recently removed those gigantic LCD screens that were affixed to the freezer doors and went back to simple glass. Makes me wonder if mine is on the chopping block.

CVS fully closed in Puerto Rico few months ago. I have about 5 Walgreens in a 5 mile radius from my house. I go to a local pharmacy always. My BP meds for a month is $7 for each or a total of $14. Cialis or the other one $25 for 30 pills. They also have almost everything

High priced products is what the U.S. political leaders wanted, wasn't it? This way, Americans can demand ever higher wages to keep up and the cycle repeats itself, ad infinitum. This is how we manage to have a high cost of living that we can then boast to other lower salary countries.

Too many stores. The same thing can be said for restaurants.

Amazon will pick up the pharmacy business - all they need is FDB approval to mail prescription drugs to people

Imposing tariffs on products coming to the usa is taking effect right now. Consumers have less purchasing power.

I wonder what the domino effect will be like with Walgreens distributors? Amerisoirse Burgeon (ABC) was their primary pharmacy fulfilling distributor. McKeason (MCK) was their secondary and did smaller order fulfillment. I used to work at MCK for nearly 13 years and saw the Rite Aid acquisition by Walgreens and Boots Alliance group, who owned ABC as well, in 2016 that scared us working at MCK. This will affect those jobs as well.

I think some particular cities are going to just have to learn to go without. A first for certain people.

If amazon just delivered prescriptions, cvs and Walgreen would both be obsolete.

Walgreens is shoney's for me right behind radio shack ..i hope they don't close the one in Essex if so i hope its one in the afterlife

Rural towns still have Walmart.

Isn’t it wonderful how democracy and capitalism works with all the closing and guess China overproduction isn’t the issue 😂😂

Prices at Wallgreen, CVS etc. are too high given the inflationary pressures on the consumer.

F Walgreens

I had someone ask me yesterday about a CVS because they have check cashing there as well (I believe), this is going to be devastating

I did my bachelor degree in the US, and I was realy confused what what the pharmacy was selling. For example, in my country I belive it's illegal for a pharmacy to sell food and beverages. Nonetheless, every country has its own paradigm; and I believe US pharmacies are crucial for the communities they serve.

Think about the chain effects... store space empty, surveillance/security firm's revenue shrinking, electricity supplier revenue shrinking, IT firm lost some revenue... not to mention how many employees are losing jobs.

Does rampant shoplifting and riots have anything to do about these closures?

I love Walgreens !

Oh wow I actually shop here. Dang man. Daaang

Walgreens has never been a sustainable model It was ALWAYS avoided by my parents. Far too expensive

So store closers means the CEO takes a pay cut right?

just sign of the times and amurica is going down the toilet.

Watching this while decomming a call center 😢

Amazon is nothing new SEARS catalog sales used to be bigger and most town that was it or nothing.

Larry Fink should be in jail.

Wait...... robots don't purchase products??

Looking for commercial foreclosures for housing.

"until they burned it down" lol

For certain types of purchase I avoid the fast convenience stores, I can buy elsewhere cheaper. Folks in the hood don't consider that. I know, I used to live there. "We" wasted our money on lottery tickets, cigarettes and fast food.

Bob, you gotta do a video on Rhonda Massie’s death suspicions (RIP)

Walgreens is only good for medicine walmart dont have or picture prints occasionally.

I always thought CVS and Rite Aid should merge.

But eli!!!! Meta mind reading!!!! Mark Zuckerberg

Second

First maybe

Tofu dreg economy?

Want more food? Subscribe 😅

Do you still want to decouple from China and Russia????

You keep saying “again” Not sure if you are aware or care Just pointing it out in case you care

Who are all these people saying that the economy is great? All I hear are the stats and while they aren't catastrophic, they aren't the greatest ever. But we do seem to be doing better than the rest of the world. All I hear is you folks complaining that leadership is saying the economy is booming. Everybody is acknowledging that inflation is high and needs to be pushed down. So the Feds are keeping interest rates up to cool down leveraged purchases, since the common wisdom is people are keeping the economy high by buying stuff with borrowed money. It's starting to work, and all I hear from you folks is cynicism. Businesses fail all the time, but now all of a sudden, it's a sign of the end times. None of you seemed upset when Sears went out of business, or K Mart, or Toys R Us, or Radio Shack, or Circuit City, so why all the gloom and doom, now? I'm starting to get the impression that you folks are pushing a political agenda.