Summary
Independent drugstores across the U.S. are rapidly closing, with at least 7,000 pharmacies shuttering since 2019, half of them independents.
In rural areas like Inman, South Carolina, closures create “pharmacy deserts,” leaving communities without accessible healthcare services.
Profits are squeezed by low reimbursement rates, especially for expensive medications, with margins falling to just 3-5%.
Even large chains like Walgreens are struggling, reporting significant losses. Experts warn the crisis undermines local healthcare access.
There was an Independent drug store in our community. They couldn’t compete on price with all the mega chains in the area, including three grocery stores and a target cvs. And yet, they remained open for years, because the community knew that the pharmacist was also a drug dealer selling pills.