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How teen mall hot spot Claire’s went from bankruptcy to IPO filing

Aug 5, 2022
The chain has benefited from '90s fashion trends, a good supply chain and looking outside of malls, says Elizabeth Segran of Fast Company.
Claire's has a team of "trend spotters" who travel the world looking for the next popular thing, says Elizabeth Segran of Fast Company. 
David McNew/Getty Images

Shift to health services shows signs of success for big pharmacy chains

Feb 9, 2022
CVS has found a positive side effect of providing vaccines — increased retail sales. But what happens when vaccinations slow down?
Pharmacies like CVS have seen varied buying patterns during the pandemic, but providing COVID testing and vaccinations has brought more consumers into the stores.
Mario Tama/Getty Images

Pharmacy chains plan to expand health care offerings

Nov 19, 2021
The pandemic highlighted their opportunity to meet everyday health care needs (and presented some challenges).
Though major pharmacy chains, like CVS and Walgreens, are looking to expand primary health care services, they're currently battling employee burnout like many other health providers.
Justin Sullivan via Getty Images

What do CVS store closures say about the future of pharmacies?

Nov 19, 2021
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.
CVS plans to close about 900 stores starting in 2022.
Tim Boyle/Getty Images

CVS boosts pharmacy hiring to handle flu, COVID-19 vaccine demands

Oct 19, 2020
The retailer plans to hire 15,000 additional staff, mostly pharmacy technicians.

Walgreens will add doctors' offices to 500 stores

Jul 10, 2020
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.
A Walgreens store in Miami. The chain has allied with VillageMD to expand health services.
Joe Raedle/Getty Images

CVS bets on becoming "a 360 health company"

May 1, 2019
The company is finding ways to attract more customers.
With an ever-growing number of health-care consumers becoming ever-more cost-sensitive, CVS is at an advantage.
Justin Sullivan/Getty Images

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CVS tries to gain customers ... with smiles

Apr 25, 2019
CVS and SmileDirectClub have a lot to gain from partnering.
Justin Sullivan/Getty Images

Amazon acquires PillPack as it muscles its way into the health care industry

Jun 28, 2018
Hear that thud? That’s the sound of Amazon getting into the retail pharmacy business. Today the online retail giant snatched up PillPack, an online pharmacy that presorts prescription drugs and delivers them to your door. Walgreens, Rite Aid and CVS all saw their stock prices take a dive in early trading on news of the […]

Cigna’s purchase of Express Scripts: Drug price relief ahead?

Mar 8, 2018
Health insurance giant Cigna announced its intent Thursday to buy Express Scripts, a company that negotiates prescription drug deals on behalf of insurers and large employers. This merger comes on the heels of the CVS-Aetna deal late last year, which is also, in part, a marriage between an insurer and a pharmacy benefit manager – […]