When two companies in the same business want to merge, a common condition placed on the merger by authorities may be that one or both companies sell part of its business so there’s still some competition in the market. It looks likely that the Federal Trade Commission will approve the proposed merger of Walgreens Rite Aid, but Walgreens may have to give up more locations before the deal goes through. [More]
Walgreens and Rite Aid are the biggest and third-biggest pharmacy drugstore in this country, and they want to join forces to become a pharma-Voltron. The companies are waiting for regulatory approval, but the CEO of Walgreens Boots Alliance told shareholders today that the deal will probably go through by the end of 2016, and that it will result in the closing of only about 500 stores. [More]
When you see a “sale” price on a store shelf, you expect to pay that price at the register. When you see something marked as a “Great Buy,” you might believe that it’s been discounted. And when a store advertises a “Last Chance” or “Clearance” sale, you probably have reason to think that those items won’t be in stock much longer. But Walgreens — and its subsidiary Duane Reade — have different ways of thinking about the above scenarios, and it’s gotten them into trouble with the state of New York. [More]
In-store beacons are low-power Bluetooth devices that let stores or brands push promotions out to customers smartphones. They only work when the shopper has opted in by installing an app. Do you really want your favorite shampoo brand beaming coupons at you every time you walk by a shelf? They haven’t really caught on, but Rite Aid is deploying them in 4,500 stores. [More]
If you’re planning on heading over to Walgreens to refill a prescription, it might take a bit longer than usual: amid an ongoing outage of the drugstore chain’s pharmacy computer database that’s been going on since Tuesday morning, pharmacists have been forced to fill prescriptions by hand. Just like in ye olde days of yore.
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]
Jill knew that her blog readers wouldn’t believe what she had seen, even if she presented them with a photo. At her local Walgreens store, there was a full display of Halloween treats, including candy corn and Snickers pumpkins. Halloween. On July 21. Please, retailers, we’re still uncomfortable at seeing Back-to-School displays in the big-box stores! Don’t do this to us! [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]
When shopping online, it can be difficult to compare prices between similar products because they come in slightly different size containers — or to see if you’re really getting a good deal by buying in bulk — because many e-tail websites don’t include unit pricing to tell you many dollars per ounce/gram/liter or other standard unit of measure. But today, some of the biggest names in retail agreed to start listing unit prices, while the biggest name in online shopping won’t commit. [More]
Even though marijuana has been legalized by Colorado and Washington, and nearly two dozen states have laws protecting medical use of marijuana, you won’t be seeing it made available at your local pharmacy unless the federal government decides to legalize it. [More]
It’s been nearly three months since CVS announced it was phasing out the sale of tobacco products in its stores, and so far no other major drug store chain has followed suit. So today, a dozen members of Congress, led by Rep. Frank Pallone of New Jersey, called on these retailers to put an end to their part in the sale of cigarettes and other items containing tobacco. [More]
Sure, you’ll still be able to buy cigarettes at Walgreens for the foreseeable future, but what else should you pick up while you’re there to get your smokes? Nothing, apparently. [More]
Kenny noticed this bit of fuzzy math while shopping at Walgreens. We know that buying in bulk can save you money, but this looks like some kind of experiment designed to test customers’ powers of observation, or possibly their desire not to buy extra drugs they won’t need and waste them.
Retail pharmacies really, really want customers to get their flu shots there this year. How badly? They’re offering giant coupons to customers who get their shots there, ranging from 10% at grocer Safeway to 20% at pharmacy chain CVS. [More]
Shopping at CVS, Ajay noticed this odd sale on a seasonal item (sandals). Okay, it’s fine to charge more for seasonal items during the season when they’re used: that’s basic retail. But there’s something terribly wrong when employees put up a sign doubling the price on a sale item without batting an eye.
It makes sense for a store to place small impulse-buy items on the shelf next to related merchandise. Say, cereal and bananas. Beer and Ping-Pong balls. Cold medicine and tissues. Tampons and chocolate. Those choices all make sense, but this impulse buy found at a New England CVS left us, and tipster Jena, scratching our heads.
Need something quick? You might be able to dash out and find a dollar store faster than you can spot a chain drugstore location. A new study says drugstores are being outpaced in numbers by the total amount of dollar stores in the U.S.