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Bartell Drugs

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business1 year ago

"Nationwide Pharmacy Closures Leave Consumers Struggling for Access"

The decline of Bartell Drugs, a 130-year-old family-owned pharmacy chain in Seattle, highlights a broader crisis in the American pharmacy industry. Factors such as competition from online retailers, reduced reimbursements from pharmacy benefit managers (PBMs), and the opioid crisis have led to widespread closures of both independent and chain pharmacies. This trend is creating "pharmacy deserts," particularly affecting underserved communities, and exacerbating the challenges in the U.S. health care system.

business2 years ago

Rite Aid Continues to Close Stores Across Multiple States Amid Bankruptcy Filing

Rite Aid has announced the closure of three more Bartell Drugs locations in Western Washington, following the company's recent bankruptcy declaration. These closures come in addition to the 11 Rite Aid and Bartell locations that were previously announced for closure in the Puget Sound region. Rite Aid stated that the decision to close these stores was based on various factors, including business strategy, lease considerations, and store performance. The company also mentioned that they will try to relocate employees to other locations, with approximately 75% of associates accepting transfer opportunities.