CVS Health is paying $1.9 billion to buy and run Target’s pharmacies and clinics, giving the drugstore chain about 1,700 more locations to offer its growing health-care services.
CVS Health is paying $1.9 billion to buy and run Target’s pharmacies and clinics, giving the drugstore chain about 1,700 more locations to offer its growing health-care services.
Retailers this year are expected to open more stores than they close for the first time since 2017, with most of the growth coming from mass merchants, food, drugs and convenience chains.
Through a government program aimed at helping low-income patients, some hospitals buy medications at reduced prices. They can sell them to patients and their insurers for much more.
The pharmacy chain is joining Walgreens and Walmart in offering expanded in-person counseling at or near stores, as more people seek mental-health services.
A Virginia drug store is adding two new customers per day—and saving them money in the process.
A CMS analysis of Medicare Part D claims shows that mail-order pharmacies lower costs for consumers, with overall costs 16% lower at mail-service pharmacies than at retail pharmacies and generic drug costs an average of 13% lower at mail-service pharmacies. "CMS' data confirms what consumers have known for years: Mail service pharmacies offer a better deal than drug stores in Medicare Part D," PCMA President and CEO Mark Merritt said in a statement.
The data analytics company is launching a platform that helps retailers draw faster insights from their data, which is proliferating quickly and is increasingly the source of competitive advantage.
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Online pet retailer Chewy won over many pet owners through service and convenience. Grabbing a share of the lucrative pet healthcare market will be trickier.