It looks like there are a
number of other pharmacies in the area.
If this store owner wants to do it, fine. And while I disagree with his views completely, he's welcome to exercise them.
Now, the one thing missing from this story is how STUPID it would be to open up an independent pharmacy nowadays.
Small town pharmacies struggle Quote:
The closure comes as the overall numbers of pharmacies in Minnesota are increasing. Chain stores though account for nearly all of that growth. Independents are declining in both the metro and rural areas of Minnesota.
Chain drugstores have several advantages over independents. They can offset low profit margins through volume. A chain store typically sells two or even three times as many prescriptions per day as an independent store. Plus, the chains sell more non-pharmacy items like gift cards, household goods and food.
(Former Independent owner and pharmacist) Mel Kroon plans to sample that economic reality by going to work for a chain pharmacy in the region.
In his new job Kroon said he will work fewer hours and earn 30 percent more than he did as an independent drug store owner.
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(NOTE: I did find articles from 5-8 years ago stating that the Independent pharmacies were making a "comeback". The above article is from 2008)