They’re stuck in a downward spiral.
With pharmaceutical mergers more common, the FTC is taking a hard look at pharmacy benefit managers and antitrust concerns.
CVS is on a quest to become a one stop shop for healthcare. With its acquisition of Oak Street, it’ll have a primary care company too.
The chain has benefited from ’90s fashion trends, a good supply chain and looking outside of malls, says Elizabeth Segran of Fast Company.
CVS has found a positive side effect of providing vaccines — increased retail sales. But what happens when vaccinations slow down?
The pandemic highlighted their opportunity to meet everyday health care needs (and presented some challenges).
The pharmacies of the future may focus more on health services and primary care. But decisions about where stores will close could be critical for underserved communities.
The retailer plans to hire 15,000 additional staff, mostly pharmacy technicians.
The drugstore giant also reports a quarterly loss of $1.7 billion. It and rival CVS are delving deeper into the health and wellness field.
The company is finding ways to attract more customers.