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Walgreens, CVS
CVS could face long arduous turnaround like Walgreens
CVS Health’s (NYSE:CVS) turnaround could be long and arduous, if it resembles that of drugstore rival Walgreens Boots Alliance (NASDAQ:WBA). Earlier Friday, CVS (CVS) issued a Q3 profit warning and announced it was replacing CEO Karen Lynch with David Joyner,
CVS and Walgreens are ailing and closing hundreds of stores. Here’s why
America’s biggest pharmacy chains are laying off thousands of workers and rethinking their roles in our lives. What went wrong?
Walgreens to close 1,200 stores over the next three years
The pharmacy giant estimates that a quarter of its 8,700 locations are unprofitable as consumers shift their spending habits.
1h
on MSN
The end of convenience: What the downfall of Walgreens means for America - MSN
Chain pharmacies are flashing warning signs and shuttering stores. 7-Eleven is axing locations. The age of convenience is over.
The Day
5h
Experts: CVS, RiteAid, Walgreens are in for tough times in Conn.
CVS, RiteAid and Walgreens — are in the midst of some pretty tough times lately. And experts in both the retail and health ...
2h
As more CVS/Aetna layoffs loom, some CT lawmakers want more info from company
CVS Health plans to lay off more than 400 employees connected to its offices in Hartford. But it has declined to disclose how ...
Opinion
1d
on MSN
Opinion
The real reason Walgreens and other pharmacies are failing
Walgreens’ announcement Tuesday that it plans to shutter 1,200 locations over the next three years made headlines, but that ...
4d
on MSN
Amazon's Latest Healthcare Move Could Be a Big Problem for Walgreens and CVS
Retail pharmacy giants Walgreens Boots Alliance ( WBA 6.24%) and CVS Health ( CVS 0.03%) have been struggling in recent years ...
2d
on MSN
CVS names new CEO in the wake of layoffs and poor stock performance
America’s largest drug store chain named a new chief executive officer on Friday, with longtime CVS Health executive David ...
13h
on MSN
CVS workers strike at 7 Southern California stores for better pay and healthcare
Workers at seven CVS pharmacies in Southern California have gone on strike for better pay and health care and to protest what ...
KUOW
5d
CVS and Walgreens are ailing. Here’s why
Not too long after Tim Wentworth became CEO of
Walgreens
, he revealed a stunning figure: Roughly a quarter of the pharmacy chain’s stores do not make money. On Tuesday, he said 1,200 of those ...
2d
on MSN
Delaware Walgreens among 1,200 pharmacies that will close
The company had confirmed plans in June to close unprofitable stores, but had not disclosed how many locations would be ...
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