POTSDAM -- A sign in the window of the Walgreens in Potsdam shows the store is set to close April 9.
In March North Country This Week reached out to Walgreens regarding rumors of a store …
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POTSDAM -- A sign in the window of the Walgreens in Potsdam shows the store is set to close April 9.
In March North Country This Week reached out to Walgreens regarding rumors of a store closure, but a spokesperson called back saying there were no plans to close the store "at this time."
Despite that, the store has since posted a sign in the window that the store is closing. While retail brick and mortar stores in general have continued to shrink in recent years, drug stores have been following suit.
Massive drug store chains like Walgreens , Rite Aid and CVS have been closing locations at a rapid pace in recent years.
A January article from Forbes.com explored why drug stores have been closing.
Among the contributing facts stated in the story were increased competition from Amazon and Walmart and staffing shortages.
A Newsweek story exploring the same topic pointed to rising drug prices, lower staff enrollment, and historic opioid lawsuits as contributing factors.