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Drugstore segment readies for period of rightsizing

The drugstore segment appears poised to go through a period of rightsizing as Walgreens and CVS announce plans to shutter stores and pull back on new store openings, respectively. Drugstores are facing several headwinds, such as reimbursement pressure for prescriptions, a decrease in generic drug prices and increasing competition from online retailers.

National Real Estate Investor online (8/21)

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Retail Update for 9/4/2020

Grocery Chain LIDL Plans to Open 50 New Stores on East Coast by 2021 Dick's Sporting Goods Reports Record Earnings, 194% Increase in E-Commerce Sales Target reported a 24.3% increase in total digital

  Auctus Investment Group, 2018                              DRE# 01072454

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