Here's why Walgreens and CVS retail pharmacies are struggling — and what they're doing to fix it
CVS Health(CVS) CNBC·2024-08-18 20:00
In this articleWBACVSwatch nowThe abundance of Walgreens and CVS Health stores makes them convenient for whenever Shriya Raghavan, a research associate based in Philadelphia, needs to pick up necessities like gum, deodorant and soap. But she said she often has to wait for employees to unlock cabinets or stand in lengthy lines to pick up prescriptions as pharmacists juggle tasks.Those are just some of the ways Walgreens and CVS are falling out of favor with consumers, in a trend that has hit their profits an ...