Benjamin Halpern’s Post

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Associate at Bennett Realty & Development

I have 2 quotes to share: “We continue to face a difficult operating environment, including persistent pressures on the U.S. consumer and the impact of recent marketplace dynamics which have eroded pharmacy margins…Our results and outlook reflect these headwinds, despite solid performance in both our International and U.S. Healthcare segments.” -Tim Wentworth, CEO of Walgreens Boots Alliance (Source: Forbes) “With higher prices at the pharmacy, consumers aren’t paying that anymore. They’re going to Amazon, they’re going to Costco or Walmart. So that’s forcing the pharmacies to cut price on a lot of those front [of] store items, which directly hurts the profit margins.” -Jeff Jonas, portfolio manager at Gabelli Funds (Source: Yahoo Finance) These two ALARMING quotes shed light on potential future challenges not only for Walgreens, but also for the pharmaceutical industry as a whole. #walgreens #pharmacy #insights #industry

‏‏‎ ‎Will Curtis, CCIM, CPM

Commercial Managing Director at Phyllis Browning Company | National CRE Educator | Army Veteran & Advocate | Property Operations Whisper | Maximizing Returns for Investors through Operations | Love to help New Agents

3mo

Change is inevitable, and it's important to stay informed!  Benjamin Halpern

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