CVS is opening smaller drugstores that only have pharmacies

CVS said it will open a drugstore with dozens and more than a dozen people with only pharmacies as it is in a hurry to stay competitive against rivals such as Target, Amazon, Walgreens and Rite Aid. Small stores, on average under 5,000 square feet, have full-service pharmacies with limited over-the-counter products for purchase. “New […]
NYC lost nearly half of all drugstores in past decade — with 10% closing just this year — as shoplifting and crime run rampant

Nearly 10% of New York City's drugstores have closed this year. The dramatic drop follows a decade of withdrawals that saw the number of drugstores drop by 40% as shoplifting remains rampant, an explosive study has revealed. The number of Walgreens, Duane Reade, CVS and Rite Aid stores in the city will drop to 395 […]