Bi-Mart to close pharmacies in all Portland metro stores
Bi-Mart announced this week that it is closing its pharmacy departments at all its Portland-metro area stores.
A press release issued by Bi-Mart's Vice President of Advertising and Marketing Don Leber indicated that a glutted market, tax considerations and complications with health-care plans were some of the factors in the decision.
"This difficult choice reflects today's challenging pharmacy landscape," the release stated. "Factors that led to this decision include: growing number of pharmacies in the Portland metro market over the past few years; rising fees on Medicare part D prescriptions by pharmacy benefit managers; restricted access to healthcare plans; and the further pressure of the Oregon Corporate Activity Tax that goes into effect on January 1, 2020 will put on pharmacy operations.
"Despite the great work by the pharmacy staff at our Portland area stores, these conditions have tilted the field to where these pharmacies are unable to operate profitably."
Walgreens® will acquire prescription files from 13 Bi-Mart pharmacy locations and will transfer files to nearby Walgreens locations.
Leber said that employees affected by the closures will be offered positions in other departments or locations where possible. Those who cannot be placed elsewhere will qualify for a severance package.
"All Portland area Bi-Mart stores will remain open and continue to serve the needs of our members in all other departments," Leber noted.
The stores affected by this change are:
Aloha (Beaverton), Damascus, Gresham, Halsey (Portland), Hillsboro, Molalla, Newberg, Oregon City, Sandy, Tigard, Washougal, Woodburn, Woodstock (Portland).
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