Good for CVS. Place your stores in areas where people actually pay for your products and your employees don't have to deal daily with shoplifting, robbery and meth heads locking themselves in the bathrooms.
CVS is getting into the Walk In Clinic business in a big way . There's one in town that I have used several times for Flu shots and my Shingles vax . They offer all sorts of services .
Posts: 4362 | Location: Down in Louisiana . | Registered: February 27, 2009
One has to wonder about the decision to model a 'drug' store to emulate Walmart! Groceries in a drug store! Really! Why? Inquiring minds want to know and it is not clickbait! Who's the MBA that came up with that "IDEA"?
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On the inside looking out, but not to the west, it's the PRK and its minions!
Posts: 624 | Location: Idaho, west of Beaver Dicks Ferry | Registered: August 22, 2012
They have more square footage of sales space than Walmart last I checked.
They also are as bad or worse for the mom and pop stores. As was said, they target the rural spaces and if you look around you'll usually see a private business that's tits up by a Dollar General.
Posts: 491 | Location: St. Augustine, FL | Registered: April 03, 2019
CVS since its merger with Aetna is trying to move into the healthcare business with their own Doc in a Box. Similar to the Minute Clincs in Walmart.
No thanks. I would prefer continuity of care with a physician I know and trust. I see how these clinics would work with Millenials and those that are traveling. Slightly upscale from Walmart.
Posts: 17622 | Location: Stuck at home | Registered: January 02, 2015
Originally posted by trebor44: One has to wonder about the decision to model a 'drug' store to emulate Walmart! Groceries in a drug store! Really! Why? Inquiring minds want to know and it is not clickbait! Who's the MBA that came up with that "IDEA"?
My niece is a CVS GM/DM in MA. The markup vs. traditional grocery stores on the items they carry is significant. And it sells. Their end-cap set ups along the route to the pharmacy turn over weekly.
Pharma is a big drive for many retail operations, Publix for example, lots of people get scripts there and shop around while waiting, they have competitive prices on medicines. Wal-Mart, Costco, et al low cost Pharma,
Always joked that Costco had the most expensive free prescriptions, zero for the script and $300 for the cart full of crap...
Posts: 24498 | Location: Gunshine State | Registered: November 07, 2008
Originally posted by Oz_Shadow: Now look at Dollar General. You drive along in the middle of nowhere and boom! There’s a Dollar General. No competition. Maybe no customers either.
Dollar General has plenty of customers. They are very strategic about positioning their stores to monopolize rural areas without easy access to other stores, and in more built up areas to make themselves the more convenient option compared to a larger grocery store that's just a little further away.
They fill a sort of halfway niche between having more stuff than a gas station/convenience store but not as much as a full-blown grocery store/big box store. And for a large chunk of their stores, they represent the only halfway decent option for basic groceries for the entire surrounding rural area.
“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence.” - John Adams
Posts: 29408 | Location: In the red hinterlands of Deep Blue VA | Registered: June 29, 2001
Didn’t Walgreens buy CVS a few years ago it was it the other way around?
Some of the store closures might be due to market saturation in some areas, may have to do with consolidation. I’m willing to bet that some of the closures might be due to high operating costs, low profit and poor locations. But not all.
Originally posted by nhtagmember: Didn’t Walgreens buy CVS a few years ago it was it the other way around?
Some of the store closures might be due to market saturation in some areas, may have to do with consolidation. I’m willing to bet that some of the closures might be due to high operating costs, low profit and poor locations. But not all.
Squeeze out the competition, then cut expenses once there's no one to compete against in a particular area.
quote:
Originally posted by sig sailor: In our area there is a CVS every couple of blocks it seems. Never understood being in competing against yourself. Rod
Originally posted by nhtagmember: Didn’t Walgreens buy CVS a few years ago it was it the other way around?
Some of the store closures might be due to market saturation in some areas, may have to do with consolidation. I’m willing to bet that some of the closures might be due to high operating costs, low profit and poor locations. But not all.
Walgreens bought Rite Aid. CVS is a different company.
Walgreens operated on something like 3% net profit when I worked for them. If real estate costs are going up, shipping costs are going up, wages are going up, and sales are going down, I expect Walgreens to follow with some closures soon as well.
Posts: 4599 | Location: KY | Registered: April 06, 2006
Everything at CVS is way overpriced. Every. Thing.
I'm shocked they've lasted as long as they have putting CVS's on every corner, around here you can't go 3 blocks without seeing one and I don't get it.
My company switched from Express Scrips a few years ago to CVS "Care"(HA) Mark and prescription prices tripled and even quadruped overnight.
In closing...Fuck CVS
Posts: 34990 | Location: Pennsylvania | Registered: November 12, 2007
