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If CVS lowered its prices on things that aren’t drugs, people would actually shop there. Why in the world would I buy anything at CVS when I know it costs 5%-20% more than a similar (and likely better) product sold at a grocery store?
“Too many stores are stuck in the past with bad lighting, depressing interiors, messy merchandising, and a weak assortment of products,” Saunders said in an email. “They are not destinations or places where people go out of anything other than necessity.”
Has this not always been true? Bad selection with even worse prices. The only thing convenience stores have going for them is location convenience. If they axe locations and the remaining stores are harder to get to for many people, won’t they just lose customers to bigger stores with better prices and selection?
No worries. There will likely be a Walgreen’s store very nearby to serve those neighbors.
The WSJ published a long feature a couple years ago about the coming contraction in brick and mortar drugstore retail.
Even the pharmacies can’t find enough employees to stay open. The lines at the drive-through are around the block most times when I go in to pick something up for one of my parents. My insurance plan requires me to get most things via mail order, and have for years, so I seldom use retail pharmacies. I wonder how much this has taken business away.
“HealthHUB” locations. The company started introducing those stores a few years ago. They include health care workers like dietitians, community rooms for things like yoga classes, and the stores are geared toward helping customers monitor chronic conditions like diabetes and stay on top of their health.” Sounds like a bad idea to me
Go to a Walmart pharmacy area and get any number of vaccines. Behind a portable wall in an isle, why go the dr. ?
I think CVS and Walgreens went on an overbuilding spree and if one built on a corner the other one decided somebody thought this was a good spot for a drug store and built across the street.
The parking lot at the CVS at the Bridges is always full. Shoppers are buying like crazy in the affluent areas despite the prices. The stores in the poor areas will be shut first. I see people buy things all the time without looking at prices.