December 1, 2021
Via: RIS NewsPresident Biden met with leading retail executives from Walmart, Kroger, Best Buy, CVS Health and more on November 29th to discuss their outlook for the holiday shopping season, and the steps companies large and small have taken to meet consumer […]
March 9, 2021
Via: ForbesWalgreens is now receiving 1 million Covid-19 vaccine doses a week as part of the broader effort to increase vaccination at U.S. pharmacies in more than 40 states and jurisdictions. The Biden administration is ramping up the number of doses […]
February 24, 2021
Via: ForbesCVS Health said it will begin receiving at least 570,000 Covid-19 vaccine doses weekly as part of the broader effort to increase vaccination at U.S. pharmacies in 17 states. The Biden administration last week said it was increasing the number […]
February 19, 2021
Via: ForbesWalgreens said it will begin receiving more than 480,000 Covid-19 vaccine doses weekly as part of the broader effort to increase vaccination at U.S. pharmacies in more than 20 states and jurisdictions. The Biden administration earlier this week said it […]
February 16, 2021
Via: CNBCCVS Health’s fourth-quarter earnings beat Wall Street’s expectations Tuesday as prescription volume lifted sales and the drugstore chain attracted new customers with Covid-19 testing and vaccines. Shares of the company were down more than 4% early Tuesday. Here’s what the […]
December 18, 2020
Via: CNBCFor nursing homes across the country, the coronavirus pandemic has been especially marked by isolation, illness and loss. On Friday, CVS Health and Walgreens are beginning to offer Covid-19 vaccinations for residents and staff at those long-term care facilities, making […]
October 19, 2020
Via: ForbesDrugstore giant CVS Health will hire 15,000 full and part-time workers as the company braces for an influx of customer needs during seasonal influenza season and the ongoing pandemic of Covid-19. CVS, which has 300,000 U.S. employees across its operations […]
July 9, 2020
Via: ForbesWalgreens Boots Alliance said its earnings suffered a negative impact of $700 million to $750 million as the company sustained a major loss of global business from the surge of cases of the coronavirus strain Covid-19 that caused its customers […]
May 6, 2020
Via: CNBCCVS Health reported a huge jump in sales in the first quarter Wednesday as customers rushed to get prescriptions and other essentials during the coronavirus pandemic. The health-care company and drugstore chain warned in an earnings call that it will […]
April 2, 2020
Via: CNBCWalgreens Boots Alliance said it saw a surge in sales and then a drop-off in March as the coronavirus pandemic spreads across the world and now keeps people indoors. The international drugstore’s same-store sales were up 26% in the first […]
February 12, 2020
Via: CNBCCVS Health reported Wednesday fiscal fourth-quarter earnings and revenue that beat Wall Street’s expectations, boosted by higher sales in its pharmacy benefit management business. Here’s what the company reported compared with what Wall Street was expecting, based on a survey […]
August 8, 2019
Via: Retail DiveCVS had a strong start to this year following the healthcare giant’s mediocre financial performance last year amid pricing pressures. The tailwinds helping CVS in the first quarter kept blowing in the second, with operating income of $3.3 billion — […]
June 27, 2019
Via: Retail DiveWhile Walgreens resisted following CVS Health’s move to nix tobacco sales in order to underscore its move to a healthcare focus, even when shareholders urged it to, the drugstore retailer is now slowly de-emphasizing those sales. On a conference call […]
January 16, 2019
Via: Retail DiveAs always, the clash between the two major healthcare players leaves patients bearing the brunt of the fire. Tuesday morning’s news will affect consumers whose employers get drug benefits from CVS and Medicaid enrollees with CVS coverage. “Despite market focus […]
February 27, 2018
Via: FierceRetailIt seems satisfaction is up in some divisions of retail and down in others. According to the annual American Customer Satisfaction Index (ACSI), supermarkets and health and personal care stores have gained points, for a score of 79, and department, […]