Tuxedo Pharmacy on Roland Avenue has been serving customers from around Baltimore since 1936. Harold Davidov, 79, and his brother, Arnold, have spent their lives there, even growing up in the apartments located above the storefront.
On Jan. 8, they’ll be closing up shop after just over 82 years in business.
“We’ve had a very successful community pharmacy,” Harold told Baltimore Fishbowl Dec. 28. “I’ve been in the business for 55 years,” he added with a laugh. “The business has been very good to us, we worked hard… This has not been a burden. I’ve loved every minute. We’ve had great relationships with customers.”
He cited a mix of reasons for shuttering the family business, chief among them falling reimbursements from insurance companies, which have hit independent pharmacies particularly hard. “Our profitability has suffered tremendously over the past couple years.”
Other factors include the growth of online retail and mail-order pharmacies in recent years and, Harold said, the perceived “hazard” of the much-fussed-over Roland Avenue Cycle Track out front, which he said made it “more ominous for older people to park their cars and get to the store.”
Read the complete story at BaltimoreFishbowl.com.