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The July 20, 2019 The Wall Street Journal gave forewarning– with the advent of widespread pharmacy delivery by the large internet retail & delivery companies, the brick-and-mortar drugstore business will experience a huge surplus of vacant space. Walk-in customers, previously relied upon to support front-of-store retail, will cease to visit the stores. It’s likely that many of these large drugstores, which were sited in large numbers throughout Indianapolis and often in close proximity to each other during the so-called “high-velocity environment” of drugstore expansions of the 1980-90s, will be seeking health related co-tenants to fill the non-productive front-of-store retail space. Ignoring this, the City administration pushed through a privatization scheme which will build a medical clinic in Broad Ripple Park to be co-located in a public community center.
This will be a miserable failure in the long run….