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.
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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.
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Walgreens adds in-store weight loss clinics to gain store traffic

Oct 29, 2019
At the same time, the retailer's scaling back its in-store clinics.
People walk by a Walgreens store in San Francisco.
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Walgreens has a tough quarter

Apr 2, 2019
Pharmacy chain Walgreens reported a 3.8 percent drop in sales for the quarter. The company cited a weak cough, cold and flu season — and declining profits from generic and branded prescription drugs. Click the audio player above to hear the full story.
People walk by a Walgreens store in San Francisco.
Justin Sullivan/Getty Images

Tobacco sales can be hard to quit

Feb 8, 2019
Big pharmacy chains like Walgreens and Rite Aid market a healthy lifestyle, while also selling cigarettes and other tobacco products.
Big pharmacy chains like Walgreens and Rite Aid market a healthy lifestyle, while also selling cigarettes and other tobacco products.
Brendon Thorne/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 […]

In the drugstore business, “location, location, location” is all about convenience

Mar 28, 2018
Walgreens may shutter hundreds of Rite Aid stores this spring. The drugstore giant bought more than 1,900 stores from its rival last fall. And Walgreen says it still plans to close about a third of them. So what benefits will the company get from that plan? Click the audio player above to hear the full […]

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Theranos to close down California lab following inspection

Jul 8, 2016
The blood-testing startup has been plagued with problems.
Theranos Founder and CEO Elizabeth Holmes speaks at Forbes' Under 30 Summit in October of last year.
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Walgreens buys Rite Aid as industry consolidates

Oct 28, 2015
The pharmacy industry thinks bigger is better to find cost savings.