Thread regarding CVS layoffs

New store layout

Fs will consist of only 4 isles, picture a Sams club pharmacy area. Rx will be centered in front. Minute clinic expanded, waiting room incorporated, eye care , Aetna insurance services office offering home aid and home health care nurses, diabetes center, blood pressure center, DME section where you can order carts wheel chairs, beds, walkers etc , d--g testing lab, blood work labs. This is your health hub . Many new jobs to be created in the health field. In charge will be a qualified health hub leader

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| 2811 views | | 22 replies (last December 2, 2018) | Reply
Post ID: @OP+WoXY8Rv

22 replies (most recent on top)

High volume stores were once the rage! Implement MSH and low volume stores become the new standard ! Few years of bosting and bragging on these loser managers with no sales and look where we are today. Enjoy your 4.0 ratings , one of the first questions asked at a new job interview is what were your sales and profits and how many people did you manage. Unbelievable but they do not ask about any Msh score. You asses !

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Post ID: @2jif+WoXY8Rv

Because it’s all about those middle management bonus. Msh norm from the same people who f---ed Macy’s....Helena saw the writing and got out. If you ever wondered why middle management is terrible....it’s because DLs are born from these low volume stores that think what they do at 9000/wk translates to 50-100k/week with only a 20% increase in help.

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Post ID: @2suz+WoXY8Rv

My store has 7,000,000 in front store sales annually with a 1,9 msh and 4 million in FS profit yet because of my score the new DL hates my store. This is why front store is gone . A bad reward system ! On what planet is a half million in sales better than 7 million in sales ?

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Post ID: @1dsw+WoXY8Rv

You are the f*cking loser lol 9k a week? Keep dreaming, only thing you are about to get promoted to is customer. It’s hilarious that most paragon winners come from low volume FS and RX but the $$ comes from high volume stores.

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Post ID: @1zlc+WoXY8Rv

Bull sh--! I ran a 9000 a week store and won paragon with a 4.8 msh. They do not just hand out this award . I was best of the best I know I will always have a job here. My region loves my store and I am slated to be a district leader and I am from front store with 2 years experience . Bunch of losers!!!!!

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Post ID: @1bwj+WoXY8Rv

Msh is a retail metric that means garbage. FS was pushed to learn the pharmacy business for the last two year but not vice versus...why

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Post ID: @1rae+WoXY8Rv

I disagree , my store does 25 a week, all my plan o grams are current , back is clean , price changes up to date etc , not my fault there are no sales, I too have a 4.3 msh

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Post ID: @1ave+WoXY8Rv

You are the reason FS is going away. 13,000 a week is nothing compared to the square feet of your store. MSH has blinded you to the fact you are not contributing any profit to the company. Your challenge should have been to increase sales and profits ! Seriously 25 years and you do only 600,000 a year in front store sales? Gravy train over for you under the new structure of health care. 4.0 my ass

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Post ID: @1kiq+WoXY8Rv

Lol @ 13,000 in sales. Your 4.0 means nothing. It’s about $$$. You don’t contribute a thing and your rx is probably slow as sh*t too. You could have a 10.0 on your MSH. Your done buddy. WM is hiring to be a door greeter.

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Post ID: @1fey+WoXY8Rv

Come back with your 13000 and tell me how much he loves u when he has to cut your hours by more than 20 -- dare you to come back when you figure out that kind of love

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Post ID: @1def+WoXY8Rv

I am not going anywhere! I run a 4.0 front store. I may be low volume, 13,000 but J execute at a high level. There is no way J will lose my job, My new DL loves me also. None if this c-ap is real. I have been around 25 years and plan on being here 15 more years!The only people that need to worry are low scores on msh. You all make me mad as hell with your lies

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Post ID: @1lco+WoXY8Rv

Just cause they have a 20 year lease means sh--. If you aren’t a free standing store or in a leased out space in large metro area, your store is in trouble of being part of the future. Part of immediately paying back this debt is going to streamline operations. There are a ton of old strip mall suburban stores they never got converted to free standing formats and to this day have continually been skipped over for remodels, those stores are in trouble. What don’t you guys get about them shrinking their retail footprint? This whole move was to get the company focus on healthcare. They don’t want to compete with retail players outside of RX channel anymore. It’s a losing war and they know it. You think the company spent 80billlion on a heath insurer to keep itself in the retail game? Use your brain

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Post ID: @1njl+WoXY8Rv

People the health services will be ran by their professional people much like minute clinic runs their own space now. Retail is not important to the whole picture

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Post ID: @1eqq+WoXY8Rv

I don't believe anything I read on here, it's a bunch of bull!

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Post ID: @1fab+WoXY8Rv

Ok people. Yes store managers were chosen all over the country to run two stores and we gathered st the end of the year to discuss what we learned. It is viable and is a tool that can be used. Next the allocation for remodeling was disclosed by Merlo in his article , 2 billion not 200 billion. The high higher concept was not health hub related but an asset expense for tax savings . Next chosen managers across the nation and lead techs spent this year training the managers chosen to pass state and national certification required to be in charge of health hub. Both manager and lead tech are qualified to lead the health hub with these qualifications. Lead techs excelled at the training while many managers failed out of the program. Articles can be found everywhere as far back as 2016 describing the merlo future

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Post ID: @1rga+WoXY8Rv

We remodeled 2 in our district last year to take high higher and my store is getting updated in feb- March just found out. And it has nothing to do with a health hub and keeping all front store space in tact. Wouldn’t that be a waste of money if that was their “plan” sounds like these will just be stores of the future plans. Im gonna call bs on half these post. If anyone remembers correctly last December everyone was in panic over the “multistore” store manager that never happened and was supposedly confirmed by corporate.

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Post ID: @1zwg+WoXY8Rv

CVS owns very few of the store properties. In addition most leases are for 20 plus years. The poster before this one doesn't know what they are talking about. If your a store employee and want to see the length of the lease term check your p&l. The date in on the top of the first page.

Most of these posts have little truth to them.

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Post ID: @1etp+WoXY8Rv

If cvs doesn’t own the real estate your store is in...don’t be surprised if it doesn’t exist in 2020

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Post ID: @1gyw+WoXY8Rv

Yeah, we are in the endgame now. Make your plans now. Do not quit but find something else. Look out for yourself and prepare. Good luck to us all, this is survival now.

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Post ID: @1vnb+WoXY8Rv

Get real people this is all b---s---. It will take 10 tears to convert 10000 stores. We are 40 billion in debt. They may cut hours but it will take 100 billion to to this many remodels. Quit spreading this c-ap. Let a life.

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Post ID: @1yih+WoXY8Rv

Exactly, there is no way they are putting that kind of money into remodels with all the debt from this takeover. This will be a long slow process. Front store merchandise will gradually scale back. Select stores may become health hubs, others will just have the scaled back front store. Probably with graphics covering excess space.

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Post ID: @1jid+WoXY8Rv

Well they will have to come up with a secondary plan for stores in certain states where minute clinic is not legal and prob never will be the way it’s looking. I’m sure they will pick a handle full of stores in each district to re do but you don’t need a district of say 14 all who are 20-45 mins apart to have every single service. We still have to empty “minute clinics” sitting vacant in our area. Not to mention we’re gonna spend that money to re do 10,000 stores when we can’t even get parking lot lights working or working bathrooms, reader boards that work, now that’s laughable. Rx managers running the front?? When they can’t even manage the tiny space they have now and rely heavily on the manager and fs employees to come help them.

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Post ID: @1tvy+WoXY8Rv

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