Thread regarding Walgreens layoffs

What is working for CVS?

After CVS went inside the Target stores, they closed their standalone CVS stores near by. Here is why they did that.

Being inside Target, they did not have to worry about retailing greeting cards every two miles. Business of selling toilet paper, kitchen towels, batteries, and laundry detergent was taken by Amazon and whey are bringing it to the customer’s door step. Beauty was taken by Ulta and Sephora in recent years. The only thing that was left was cigarettes, candy, milk, useless technology, and some office supplies. They thought keeping full store every two miles did not make sense. So when the opportunity came to take target’s pharmacy space they jumped on it. Traffic was already brought in by Target.

Walgreens needs to do same. We need to be inside Kohls along with Sephora and Amazon Returns. Get their traffic and boost pharmacy.

Greeting card is good business but not every two miles and same goes for other items.

We can also print beauty coupons if they are shopping in Kohl’s and probably Sephora. Kohl’s does that when someone returns at Amazon desk.


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| 437 views | | 5 replies (last March 6) | Reply
Post ID: @OP+1kjxqyp9g

5 replies (most recent on top)

The biggest difference between CVS and Walgreens was the quality of leadership. Walgreens had terrible leaders. The last one ended up selling the company to vultures after promising a turnaround.

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Post ID: @hj+1kjxqyp9g

@bq Aetna owning them might have something to do with it.

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Post ID: @dw+1kjxqyp9g

@c6+1kjxqyp9g

I quit my job at Walgreens and got hired at Lockheed Martin. Should be a good profitable year this year! /s

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Post ID: @d2+1kjxqyp9g

How about just getting a better and more quality job then staying at Walgreens. Why even worry at this point about a business model, seriously. Why work in an environment that is getting worse week by week. Just don't understand why a person would stay at a company that has been unethical for years, gone from $100 billion to maybe $8 billion in value then goes private and sells to a bunch of scavengers. Oh that is right a lot of you say, its not easy finding other jobs or its an easy paycheck. Ya right. Or is it no other companies will hire the current walgreens so called talent?

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Post ID: @c6+1kjxqyp9g

Why did Target end their pharmacies? I think it is because Target was operating at a loss.

So, how does CVS operate at a profit inside Target when Target was not able to do so?

I have the feeling that the business model is doomed no matter where you implement it.

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Post ID: @bq+1kjxqyp9g

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