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Walgreens closing 1200 US Stores: What is the future of Walgreens and pharmacies?
Click here to reply to @Phil
"Their makeup was probably about 70% not makeup, but their revenue was about 70% pharmacy, 30% front of store. So they didn't do as good a job as Walgreens did in that front of store. But then came along the Internet, and the Internet really wiped out Walgreens advantage of those makeup products when people started to migrate towards buying that stuff online. And then Medicare Part D was enacted in the early two thousands, and that really had the creation of pharmacy benefit managers."
"Their makeup was probably about 70% not makeup, but their revenue was about 70% pharmacy, 30% front of store. So they didn't do as good a job as Walgreens did in that front of store. But then came along the Internet, and the Internet really wiped out Walgreens advantage of those makeup products when people started to migrate towards buying that stuff online. And then Medicare Part D was enacted in the early two thousands, and that really had the creation of pharmacy benefit managers."
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By swellcast.com/PhilClick here to reply to @Phil
"Their makeup was probably about 70% not makeup, but their revenue was about 70% pharmacy, 30% front of store. So they didn't do as good a job as Walgreens did in that front of store. But then came along the Internet, and the Internet really wiped out Walgreens advantage of those makeup products when people started to migrate towards buying that stuff online. And then Medicare Part D was enacted in the early two thousands, and that really had the creation of pharmacy benefit managers."
"Their makeup was probably about 70% not makeup, but their revenue was about 70% pharmacy, 30% front of store. So they didn't do as good a job as Walgreens did in that front of store. But then came along the Internet, and the Internet really wiped out Walgreens advantage of those makeup products when people started to migrate towards buying that stuff online. And then Medicare Part D was enacted in the early two thousands, and that really had the creation of pharmacy benefit managers."