kalm wrote:
Giants such as Deerfield-based Walgreen and Woonsocket, R.I.-based CVS took a big bite out the independents starting in the 1980s, thriving as a result of their low-cost prescriptions and multiple locations, said Kevin Schweers, senior vice president of the National Community Pharmacist Association. Many independents that weren't bought up closed their doors.
http://articles.chicagotribune.com/2013 ... drugstores" onclick="window.open(this.href);return false;
Hoey says independent pharmacies have held their own over the past decade, after many were driven out of business when big-box and chain retail pharmacies proliferated in the 1980s. About half of independent pharmacies are located in cities with populations of 20,000 or fewer.
http://www.bloomberg.com/bw/articles/20 ... pharmacies" onclick="window.open(this.href);return false;
Wait...lower priced medications are a bad thing?
After an initial period where inefficient, expensive (greedy) independent pharmacies closed, independent pharmacies have held their own in the past decade. Sounds as though the free market is working.
Actually, the only real problem remains where the independent pharmacist has a monopoly in small towns...he can charge as much money as he wants. And, we all know how expensive it is to live in a small town...so those pharmacists, with their monopoly, need to charge their customers high prices.
kalmmy has a dilemma...big, bad low-priced WalMart versus small, monopolistic, high dollar independents in small towns.
Head exploding in 3, 2, 1....