Walgreens shuts hundreds of stores as protests grow

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Just because a market needs a store does not mean retailers can make money operating in that area.

In some cases, there's simply not a large enough population to justify opening or operating a store. In other cases, the economics of the population simply don't work.

That's why some markets have what's known as food deserts, areas where people have limited access to affordable, healthy food, especially fresh fruits, vegetables, and whole foods. These areas often lack full-service grocery stores.

In recent years, pharmacy deserts have become increasingly common. Those are areas where companies like CVS, Walgreens, the now-closed Rite-Aid, or local operators have pulled out.

https://www.msn.com/en-us/money/markets/walgreens-shuts-hundreds-of-stores-as-protests-grow/ar-AA22rGAA?ocid=nl_article_link