Hints and tips:
...Makoto Takahashi, KDDI chief executive, talked this week of using car parks by Lawson’s convenience stores as delivery hubs and dispatching drones to remote rural areas....
...At the same time, attractive parts of drugstores’ business, such as specialist drugs like Humira for rheumatoid arthritis and high-cost therapies for oncology, are increasingly moving away from pharmacies...
...Walgreens operates nearly 9,000 stores in the US. Cheaper generic drugs are squeezing pharmacy sales margins....
...Brewer, one of the few African-American women to run a company in the S&P 500, arrived as pharmacy chains were being boosted by the strong early uptake of Covid-19 vaccines....
...You’re trusted to do the job so external feedback and validation beyond, ‘Keep doing what you’re doing’ can be a rare gift....
...At my local CVS store in Brooklyn, the simple act of buying toothpaste has become a multi-step affair....
...Rival CVS has built up a much more diversified business. This includes a large pharmacy benefit management business and a leading health insurance division....
...at its stores....
...“I’m very aware of the celebrity beauty brand backlash,” says John Legend, the singer and founder of Loved01, a unisex skin and bodycare brand launched this month into US pharmacy chain CVS....
...Walgreens has agreed to invest $3.5bn as part of the transaction through a mix of debt and equity, and will remain VillageMD’s largest shareholder with a 53 per cent stake in the business....
...Finding and assessing prospects in the pharma market takes time, according to Denton, an experienced dealmaker who when working as chief financial officer at pharmacy giant CVS in 2018 oversaw its $68bn...
...It has built up a large pharmacy benefit management business and a leading health insurance division via acquisitions. The difference in business models explains why Walgreens has underperformed....
...Brands, pharmacy chain CVS Health and media company Fox Corp. Broker Robinhood, airline Frontier Group, and buy-now-pay-later company Affirm will report after the market closes....
...CVS Health unveiled plans to close about 900 stores and launch dedicated primary care offices, as part of an effort to revamp the company’s retail business....
...Beeline (FT) Germany’s biggest department store files for bankruptcy protection again (FT) Hollywood seeks a cut as Netflix debuts ad-supported streaming (FT) UK adds two Roman Abramovich ‘business associates...
...This has led to an increase in prescriptions that are filled at drug stores such as CVS and Walgreens Boots Alliance....
...case for doing something about it....
...At the turn of the month, the head of CVS Health’s anti-theft team told a Senate Committee it currently experiences losses of $200m at its chain of pharmacies, with an average take of $2,000....
...Lori Lightfoot, mayor of Chicago, said this week she was “disappointed” that some stores on Michigan Avenue were not doing more to employ security officers, lock up merchandise at night and chain up high-end...
...The New York-listed company said on Thursday it was offering appointments at almost 2,000 stores and had “capacity for significant expansion” as more supply becomes available....
...We will do our best to make the amendment as soon as possible....
...CVS Health, which owns a health insurer and pharmacy benefits manager as well as its namesake pharmacy chain, said it would require corporate staff and employees who interact with patients to be fully vaccinated...
...firm Deloitte and CVS Health, the country’s biggest pharmacy operator....
..., will become a direct challenger to retailers such as Walgreens and CVS Health....
...Late last year, however, Amazon made the move everyone had expected, launching Amazon Pharmacy, which offers both delivery and discounts in brick-and-mortar locations such as CVS....
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