Philadelphia pharmacists raise alarm about industry struggles as Rite Aid closes more stores

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Philadelphia Pharmacists Raise Alarm About Industr News

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The Philadelphia Association of Retail Druggists says many pharmacies are losing money on prescription reimbursements, causing many stores to shut down.

Philadelphia pharmacists are raising an alarm about a growing trend in the industry amid Rite Aid's announcement that it isThe Philadelphia Association of Retail Druggists, or PARD, says many pharmacies are losing money on prescription reimbursements, causing many stores to shut down.

"We're now up to close to 80 pharmacies in Pennsylvania have closed since January of 2024," said Frankil That leaves the neighborhood in what experts call a 'pharmacy desert,' where residents do not have easy access to their medications.

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