The Death of the American Pharmacy
Fortune US
|June - July 2024
Bartell's, a beloved Seattle drugstore now owned by debt-laden Rite Aid, is closing many of its locations. Its demise is the latest symptom of a national health care crisis that hurts all of us.
SOMETIMES SEATTLE EARNS its gloomy reputation. It was cold, dark, and wet on the February morning I arrived, and I needed a new umbrella.
This should have been a temporary inconvenience, at worst. Seattle-home base to Amazon, Microsoft, Costco, Starbucks-is one of our nation's most important commercial hubs, and one of its wealthiest cities. Surely there would be several drugstores downtown, eager to sell me new rain gear.
But many of the stores I walked past were long closed, or filled with shelves that alternated between empty and locked-up. Finally I came to the darkened entrance of what was, until December, store No. 1 of Bartell Drugs, a beloved local chain now owned by Rite Aid. One of the windows still had the Bartell's logo and a sign declaring it was "Est. 1890"; taped above them was a "For Lease" poster. Signs on the door told customers their prescriptions had been transferred to the Walgreens up the street. Huddled under a dirty white blanket, a person slept in the entryway.
"It's heartbreaking," says Ryan Oftebro, an owner of KelleyRoss, one of the last remaining general-purpose pharmacies in downtown Seattle. "Bartell's was community-focused and local, and that's where you went for high-quality service."
यह कहानी Fortune US के June - July 2024 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
Fortune US से और कहानियाँ
Fortune US
GET READY TO OWN A TOKENIZED PORTFOLIO
A BLOCKCHAIN \"FREIGHT TRAIN\" IS ALREADY REMAKING WALL STREET'S FINANCIAL PLUMBING. IT COULD MAKE TRADING EVEN FASTER AND CHEAPER
6 mins
December 2025 - January 2026
Fortune US
RESOURCES HOW RARE EARTHS BECAME GROUND ZERO IN THE U.S.-CHINA RIVALRY
THE WATERSHED moment came in July when the federal government became the largest shareholder of MP Materials, a California miner of rare earth elements.
2 mins
December 2025 - January 2026
Fortune US
PASSIONS A BLISSFUL ESCAPE FROM DECISION FATIGUE
THE TASTING MENU at Uberto ends, like many others at restaurants of this caliber, with mignardises.
4 mins
December 2025 - January 2026
Fortune US
JAMIE DIMON OF JPMORGAN CHASE ON STEERING AMERICA'S BIGGEST BANK THROUGH 'INFLATIONARY' TIMES
CEO JAMIE DIMON has led JPMorgan Chase through periods of rapid change and epic turmoil—and Jan. 1, 2026, will be his 20th anniversary in the role.
6 mins
December 2025 - January 2026
Fortune US
WHAT TO BUY, AND NOT BUY, IN 2026
THREE YEARS OF EUPHORIA IN STOCKS AND OTHER ASSETS HAVE INVESTORS BRACING FOR TROUBLE. HERE'S WHAT TO DO IF BAD NEWS ARRIVES.
7 mins
December 2025 - January 2026
Fortune US
Breaking the Mold
The Trade Desk's Al-powered platform and open-web ethos has propelled it onto the S&P 500.
2 mins
December 2025 - January 2026
Fortune US
WINE TARIFF THREATS AND GEN Z SOBRIETY HAVE PUT BORDEAUX ON RED ALERT
IN THE TASTING room of a Bordeaux winery, a photo on the wall shows a pastoral tableau: three generations of the Dubois family, sipping wine on the patio of their Les Bertrands château, with their Australian shepherd, Namek, perched at their feet.
6 mins
December 2025 - January 2026
Fortune US
HOW AN AI BUBBLE COULD RUIN THE PARTY
IF AI REVENUE DOESN'T CATCH UP WITH AI SPENDING, GLOBAL STOCKS WILL BE AT RISK.
6 mins
December 2025 - January 2026
Fortune US
INNOVATION IS THE ERA OF ROBOT-DRIVEN UNEMPLOYMENT ALMOST UPON US?
AT A PRESS EVENT LAST YEAR, Amazon Robotics chief technologist Tye Brady told Fortune that the idea that there's a battle of robots versus humans inside Amazon's warehouse network is a “myth.”
5 mins
December 2025 - January 2026
Fortune US
Nvidia is invincible. Unless it isn't.
The doubters are coming for the world's most valuable company.
11 mins
December 2025 - January 2026
Listen
Translate
Change font size

