Underperforming stock even with a 10% discount (which used to be 15%) severely underperforming the market on a 5 year chart. When will this disaster end?
Store remodel question...
So I heard thru the grapevine that our store is supposedly up for a remodel in 2019. I am a shift supervisor, not a SM, so where/how could I check on our computer system to see what might be going down and when? I don't want to ask my SM since I only... — read more
Are Health Hubs really failing?
In a previous thread, someone mentioned that the health hubs are failing. Is this true or just rumors? If it is true how are they failing?
Inventory
I’ve never seen an inventory so disorganized. This will be my first with CVS. No extra payroll, still have all the normal weekly activities but expected to deliver an inventory ready store? Am I missing something? Yes I have asked for hours and or... — read more
Theranos/Omnicare what deal was worse
I thought Walgreens leaders were incompetent for giving $120 MIL TO Theranos...ours paid $12.7 billion for Omnicare...moral of the story...none of these people are any smarter than us...the just kiss a-- and wear nicer suits
How long before we have job security again?
Is it ever going to happen? Or are we destined to work with a proverbial ax hanging over our heads for as long as we are employed here? And yes, I'm older and I've been here long enough to remember what it was like when job security was a thing at... — read more
No remodel, No new signage, no competition.
High volume stand alone store, No Indies, no Grocery pharmacies, only 1 other in town, RA and CVS 10 miles away. Are we set for closure, lease not up for 30 more yrs.
March 22nd & 23rd?
Prior post stated these dates for layoffs. Any new, news?
Are we ready with teams and plans?
The CVS PHARMACY of the past would have teams assembled Contractors ready and many departments fully involved in this hub idea. My question - Does CVS HEALTH have this ready and waiting? Are any of you just waiting With plans in hand waiting on the... — read more
Kansas City layoffs
The Kansas City Business Insider is reporting the closure of mail order center. https://www.bizjournals.com/kansascity/news/2019/03/19/cvs-health-kc-layoffs-pharmacists-technicians.html
Can we expect any management restructure?
Of course I’m talking about lower and some middle tiers of management. I believe the big fish covered their asses already, so that question I won’t bother asking. In light of the Aetna merger becoming a reality we are aware that there will be some... — read more
animal training underway.
reposted : You can train a monkey to do 90% of my job
If store managers were smart
Reposted If store/pharmacy managers were smart enough to handle Star source when it first rolled out we wouldn’t need the hiring center. I would take numerous calls a day from other store manager throughout the region asking me dumb questions. If... — read more
Will CVS’s severance package be applied to Aetna workers?
Imagine that an Aetna worker is laid off at this point or even after the integration. What severance package would he receive Aetna’s or CVS’s. Nos sure if any of this was in the merger agreement and if it wasn’t what are the rules that are applied?
What if 2019 turns out to be MORE of a rebuilding year than initially thought?
Just remember that acorns that fall to the ground can get buried and grow into large trees! So small things can over time turn into big things. Cvs is facing pressure from many angles, so while the sky might not be falling it certainly is NOT blue!... — read more
Chapter 4..... The Untouchables
Apparently there are more than one set of rules.... one for you low life PMs and the other for field management and above. DL still has his job and it’s going to swept under the rug. All those in the past who have been fired for letting someone else... — read more
What changes will we see at stores after Aetna's business in integrated into CVS?
Some changes are bound to reach the store level so I'm wondering what will they be. Could we be seeing eliminations of some store positions and the introduction of new ones? Realistically, how much is this going to impact regular store workers?
What’s up with this?
https://apple.news/A7NlXOdanQhqo4VhUng4fPg Makes you wonder why company insiders are buying so much stock? I know it can’t just be because price is low. Nobody buys that much stock for no reason.
BOH numbers
Anyone else been having issues with bohs not updating when reviving a new truck. My last truck was double the size because of this, even my pharmacies pseudoephedrine products are out of control. It’s gotten so bad that they cancelled next weeks... — read more
2 different law firms announce filing of class action lawsuit against CVS...
So someone had mentioned something about a class action lawsuit, and so it turns out it's true. I saw the press release on Yahoo Finance. The basic nature of the filing, is that CVS misled investors who ended up losing big money. One of the firms... — read more
It’s beginning to look a lot like Rite Aid....
Story sounds similar- Executives getting investigated for fraud with hyping earnings although Omnicare was going down the drain. Stock starts to slip....stores start to close....now PBM getting investigated in multiple states for spread pricing... — read more
Get rid of the entire useless hiring department to save expenes...
Biggest waste of money this company has.
Judge denies DOJ’s request to approve merger, orders another hearing...
https://apple.news/AqGZQBkgwSDCPGBuFeTgljQ Interesting... So the Department of Justice had asked the judge overseeing the CVS-Aetna merger, to just approve the merger once and for all. Instead of approving the merger, he orders another hearing where... — read more
What positions could be found redundant after the integration of Aetna?
The business changes when aetna integrates into CVS, we are all aware of that, but I’m wondering what does that mean more precisely, what will we be faced at our jobs? In what areas are they going to cut and in what areas will they add to achieve the... — read more
Store managers run this company
In the end we are the ones that run this company...they might want to start appreciating us...we make sales happen And fill the shelves along with our employees...dont treat us like c-ap and expect us to sell out...its a 2 way street ...we get up and... — read more
Interesting analysis...
So a financial analyst gave a bullish outlook for Cvs stock and said there is a 40% upside potential to the stock and set a $76 price target for the stock. He basically said he likes the direction Cvs is going, (healthcare), and hence his bullish... — read more
Asset Protection Going Way of Dodo Bird
Not exactly going extinct but major headcount reduction coming for DAPLs and RAPMs near you. City DAPLS and RAPMS will remain. Country DAPLs will be bye, bye! Suburbs will go green with DL's visiting those. DAPL's will be kept for high volume city... — read more
Lots of dead wood at Aetna
You might be surprised they will make cuts at Aetna, they have lots of dead wood, especially senior execs just sitting around doing nothing but pretend work, some don't even pretend. It is all known, but nobody hardly ever gets fired, so they'll... — read more
Store managers bonus pay is in!!!
Store Managers you can see your bonus (paid on 3/15) in myhr under mypay. Mine was very nice. I have to admit it...surprised they paid them out Happy Holidays SM's!!!! Now time to find a new job....
Stock is making a comeback
Decline may be over...stock is up for third consecutive day.
It all comes down to poor leadership
If the company stays with the same mindset the trajectory of the company and the stock will only continue is one direction. Make all the excuses for the stock crashing that you want. It all comes down to poor leadership even poorer decisions. No... — read more
This is so frustrating
I really wish there was more transparency from CVS management regarding what's going on with the company and what changes are really going to happen. Right now we are all just guessing and in a lot of cases stressing over things that might not even... — read more
Review
I had my review last week and there was not one thing mentioned about my future with Cvs everything was we must execute...blah blah blah. Basically your stuck as a manager in a store that historically has bad service and there’s no way out. So if... — read more
Chapter 4?
Chapter 3 isn’t over yet. DL is still on the job and trying to play nice.....“NOW”. It’s way past that for the PMs and SMs in the district. All those who know have zero confidence in him. Kinda pathetic of him to put on the Mr. Nice Guy face when we... — read more
How true is the 4/1 store-closure rumor?
Or is that even a rumor? See some people post on this board about closures 4/1, and i want to ask them is that confirmed at their location or is it still in “rumor territory”. At my store we haven't been told anything. Does that mean we are safe for... — read more
Thank you once upon a time - I am an ex shift
I worked for CVS for over 12 years, loved my job i was a good employee. But one day i made a mistake and it caused me to endure one of the worst years of my life after i lost my job. I was working a 14 hours shift do to the manager being on vacation... — read more
Any store closures lately?
All seems quiet for a while about closures? Are none happening or are people just not posting about it on this board? If there were any store closures in the last couple of days, please post.
Corporate /Aetna
Any more word on the layoffs?
What locations were hit by layoffs this week?
I would appreciate if as many people from affected locations posted so we can get at least some sort of picture where exactly this is taking place. Also opinions on what are the next locations that could get hit are appreciated.
need clarification....pulse checks
Does a DL have to physically be in your store to do a pulse check???? I am not sure of the answer