Last week, Walgreens announced it would shutter 1,200 stores over the next three years, the latest casualty of a nationwide “retail apocalypse.”
A perfect storm of external factors — like the rise of e-commerce and the convoluted way Americans pay for healthcare — helped usher in the corner drugstore’s demise. It’s turning the country into a shopping wasteland.
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This week’s quote:
“Microsoft has really disappointed so many of our customers.”
— Salesforce CEO Marc Benioff as competition between the two companies heats up.
More of this week’s top reads:
- More than 1,000 older Americans shared their biggest life regrets.
- To work at Google, you must embody “Googleyness.” Here’s what that means.
- Building more weird homes could help bring down housing prices.
- Americans are quitting their jobs at the lowest rate in years. It’s bad news for job seekers.
- Resume stalking on LinkedIn can help you reverse-engineer the career you want.
- More employers say they don’t care if you went to college, but most still seem to.
- Medicare coverage will change in 2025. Some boomers are already struggling to keep up with bills.
- Disney’s CEO plan sparks speculation around Bob Iger’s drawn-out succession.
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How The Wall Street Journal’s editor is remaking the paper.
The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York. Jordan Parker Erb, editor, in New York. Grace Lett, editor, in Chicago. Amanda Yen, fellow, in New York.
https://www.businessinsider.com/insider-today-millennials-cash-hoarding-mistake-investing