In the past few years, the brick-and-mortar retail side of America has taken a pretty significant hit. With the closings of many stores, including CVS, Rite Aid and Walgreens already behind us, there are even more on the way.

Walgreens CEO Announces Plan to Close Up To 25 Percent of Their Stores Across America

Walgreens CEO Tim Wentworth said on a conference call on June 27 that these major changes will be happening over a three-year period.

The major problem, according to their own CEO, is they have a major number of stores across their portfolio that simply aren't making the cut and are not profitable any longer.

Wentworth described a quarter of their 8,500 stores are "underperforming," and says significant change must come, or they will shutter those stores.

This comes about seven months after reviewing their business model and shuttering some stores in America as a result. Wentworth went on to deliver some grim news on the call.

We are at a point where the current pharmacy model is unsustainable.

It's no secret that Americans are facing an uphill challenge lately due to inflation, and it is showing. Wentworth said, "Our customers have become increasingly selective and price-sensitive in their purchases."

Walgreens, like other stores, has been trying to combat that by slashing prices for more than 1,300 of their products. Everything from gummy bears to coolers have been price slashed as a test to see if that wakes up consumer spending at the chain.

The company's CEO said that lowering prices has indeed increased consumer spending, but it has most certainly hurt the company's profit margins.

Walgreens employs nearly a quarter of a million employees nationwide, and says they will offer effected employees transfer opportunities within the company, if they would like.

Evan Paul is the host of Taste of Country Nights, a syndicated radio show heard on more than 130 country radio stations nationwide, every night from 7PM to midnight. He plays the best new country music and interviews today's top stars, like Luke Combs, Morgan Wallen, Kenny Chesney, Miranda Lambert, Dan + Shay, Keith Urban, Carrie Underwood, Luke Bryan, Chris Stapleton, Lady A, + more!

See the Most Played Country Song from the Year You Were Born

Who had the most played country song during the year you were born? This list is a fascinating time capsule of prevalent trends from every decade in American history. Scroll through to find your birth year and then click to listen. Some of these songs have been lost through the years, many of them for good reason!

Men named Hank dominated early before stars like Freddie Hart, Ronnie Milsap, Willie Nelson Clint Black took over to close the 1980s. More recently it's been Tim Mcgraw, Rodney Atkins, Kane Brown and Morgan Wallen. Did the most-played country song from the year you were born become a favorite of yours later? All info comes from Billboard's country airplay charts.

Gallery Credit: Billy Dukes

More From AM 950 KOEL