Walgreens
Worse than the fate of CVS, Walgreens is closing 200 of its stores in 2019. Even though this is less than 3% of its overall stores, it still seems like a hefty amount, and there’s no doubt that a lot of people will be losing their jobs. Due to low generic drug costs, Walgreens is struggling to keep its cash flow high enough to stay open. As a result, Walgreens is now partnering with stores like Urban Outfitters to allow customers to come to pick up their shipments from a Walgreens location.
Walgreens
Charming Charlie
If you’ve noticed less and less Charming Charlie locations near you recently, it’s because the company filed for bankruptcy twice in just two years, so the store shut down all its locations in all 38 states they were in. Even though the company went out of business, the founder of the store says he hopes to bring the store back one day, and even paid $1.1 million to secure the name and intellectual property of the store.
Charming Charlie