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Walgreens To Close 200 Stores, CVS Slows New Openings

Walgreens is closing 200 U.S. stores and CVS Health said it will slow the pace at which it opens new locations. “For pharmacies, which also face pressures related to reimbursements for medication, getting customers to come in once a month for a prescription refill, or for an occasional gallon of milk or bottle of shampoo isn’t enough,” reports the Chicago Tribune. “Walgreens and CVS are both trying to give customers more reasons to visit their stores by offering more health services and better merchandise.”

Read the whole story at Chicago Tribune »

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