Today marks the one-year anniversary of CVS removing tobacco products from its pharmacies. How’s that working out for them? The company reports that sales of non-drug items were down slightly in the last year, but tobacco isn’t a very profitable item. Parent company CVS Health is celebrating the anniversary with a study that it says shows that its decision decreased total cigarette sales nationwide. [More]
Earlier this month, the Securities and Exchange Commission finalized a long-delayed rule that will require many businesses to publicly disclose the ratio of their top executive’s pay to the earnings of the typical employee. If the data in a newly released report is accurate, then the CEOs of Chipotle, CVS, Walmart, and Discovery Communications are each making more than 1,000 times the average salary of the people they employ. [More]
CVS Health agreed to pay $450,000 to settle a years-long investigation by Rhode Island and the Drug Enforcement Administration that several of its locations filled forged and invalid painkiller prescriptions in violation of federal laws. [More]
There’s a new but not all that innovative scam hitting mailboxes in this country and in the United Kingdom. Experienced scam-spotters will see the problem right away, but not everyone is an experienced scam-spotter. Here’s how it works: a postcard arrives in the mail that says there’s a package waiting for you form a popular chain retailer. You just need to call in with your credit card number to claim it. [More]
The country’s second largest pharmacy chain is the latest party in a class-action lawsuit that accuses CVS of deliberately overcharging hundreds of thousands of patients for generic prescription drugs. [More]
Less than a week after CVS took down its CVSphoto.com site while it investigates a possible credit card breach, at least four other retailers including Costco and Sam’s Club have suspended online photo services following notification by the company that manages or hosts photo services for the sites of a possible data breach. [More]
If you’ve used your credit or debit card to purchase photo prints through CVSPhoto, you might want to pay attention. The drugstore chain has taken down CVSPhoto.com while it investigates a possible credit card data breach. [More]
If you’re a Target shopper who picks up your prescription refills at the same time you get your groceries, towels, toilet paper, and whatever else you buy at the big-box retailer, your Target’s in-store pharmacy could soon be run by CVS. [More]
Four former CVS workers have filed a federal lawsuit against the company alleging that their supervisors ordered them to keep an eye on minority shoppers in some New York City stores, even when there was no indication that those targeted customers might steal.
CVS plans to spend $12.7 billion to buy pharmacy-service provider Omnicare Inc. in order to gain a larger foothold in the quickly expanding long-term care industry and specialty pharmacy market. [More]
When you think of Florida and the Drug Enforcement Administration, your head might be filled with images of cocaine-packed speedboats or propeller planes sneaking in pallets of marijuana. But in recent years, the DEA has also been focused on major drugstore chains that looked the other way as stores filled massive numbers of questionable painkiller prescriptions. Nearly three years after shutting down a pair of CVS pharmacies in the Orlando area, the company has agreed to pay $22 million to put the matter behind them. [More]
Often when you see a drugstore-brand version of a brand-name product, it’s essentially the same thing just less expensive and with less-flashy packaging. But a new lawsuit alleges that CVS is not only trying to mislead shoppers by comparing its Advanced Eye Health supplement to products with different ingredients, but that the lack of those components make the CVS supplement less effective. [More]
There are unwanted guests, and then there are customers who overstay their welcome and get a bit too comfortable in their own skin. A CVS customer in Florida falls into the second category after cops say he stripped down naked and dragged some dog beds into the store’s bathroom, where he proceeded to take a nap atop his new resting place.
What would you do if you were stuck inside a closed store for an hour and a half with a waning smartphone battery and nothing to do while you wait to be rescued? While some of us would surely finally live out some kind of supermarket sweep fantasy, one woman marooned in a closed CVS behaved herself, taking a selfie and still paying for her gummy vitamins at the end of the ordeal.
After nearly a week of accepting payment via the recently launched Apple Pay system, both CVS and Rite-Aid suddenly stopped offering this option to shoppers over the weekend. And neither retailer is giving a reason why, though it appears to be part of a retail-industry effort to eventually roll out its own payment system. [More]
Isn’t it great when you buy a box that looks like it contains a large jar of face cream only to find out that what’s inside is much smaller than you’d expected? Drugstore megachain CVS recently agreed to pay $225,000 to settle allegations in California that it tweaked its packaging on nearly a dozen store-brand products to trick customers into thinking they were getting more than they really were. [More]
Pharmacy chain CVS charged about 11,000 customers who have health insurance small copays when they picked up some recent prescriptions. What’s wrong with that? Those prescriptions were for generic contraceptive pills, which should be dispensed with no copay at all under the federal Affordable Care Act. Now those customers are due a refund. [More]