https://www.msn.com/en-us/money/other/fears-of-an-amazon-d--g-store-disruption-can-be-shelved-evercore-says/ar-AAB8DiS
sorry Naysayers....
https://www.msn.com/en-us/money/other/fears-of-an-amazon-d--g-store-disruption-can-be-shelved-evercore-says/ar-AAB8DiS
sorry Naysayers....
Amazon is a margin k--ler. CVS is not a margin k--ler. CVS is a margin pig. Just look at the prices for fs items. Walmart, grocery and Target are helping to slaughter the pig. Amazon will k--l pharmacy margin which is already a cause of trouble for CVS.
What will we do? We will hope that people will put on yoga pants and do yoga in the breakroom. Why not convert the break rooms into Yoga studios? We no longer have employees in our stores and we will not have yoga customers so the small break rooms are perfect for this next phase of Larry-Stupid.
The person who started this topic is a troll who doesn't know what they are talking about
The stock price never would have declined the deal with pill pack wasn't a threat.
Read up on Jeff Bezos venture in to delivering wine. Everything you said has actually been proven false, by Jeff Bezos.
What we know is if it is too difficult he will bail.
get your facts straight before you say “here is what we know” because you actually don’t
You don't get to the level of Jeff Bezos without being smart. Amazon is not in the business of investing in failed ventures. So if Amazon is getting into the pharmacy market, there are two things to consider... Number one, they have to see real value in it for them, and Number two, they have to know that they can do it. So as to point one, the pharmacy market is a billion dollar industry, so yes there is value, and for point two Amazon obviously believes they can do it, or they wouldn't have bought Pillpack. Again, Amazon is NOT in the business of failed ventures. So YES amazon is a real legitimate threat to cvs, walgreens, etc. Besides, everything Bezos touches turns to gold anyway, so I have no reason to think otherwise that this won't work out for them.
Pretty sure cvs is worried. You don't have to believe it for it to be true. That's my logic. That's all I got
Except this is different. Pillpack might be small potatoes right now, but with the Amazon empire controlling it, only a matter of time before they get to the point of being a real threat to the big boys like CVS. Amazon has essentially perfected online retail, and the pharmacy world is one area they haven’t taken over yet. However, once they begin expanding Pillpack, the sky’s the limit with Amazon’s capabilities. So yes online pharmacies ARE a threat, specifically one owned by the Amazonian empire!
Very similar claims were made when d--gstore.com came to be. CVS is doomed online d--gstores. D--gstore.com was the equivalent of one store.
Pill pak was started in order to sell a concept to someone. They tried to sell to us, but we have our own system.
Pill pak is small potatoes
And to the previous poster. No one cares if you believe it. You don’t have to for it to be true. You on the other hand just HOPE that it isn’t correct.
Continue to drown in misery and look back and see how far we have come ... again.
And how do we validate the accuracy of your claim of only 500 scripts being lost?
Please don't use a survey of 2500 people to validate a dumba$$ claim.
The last comment is old news they are taking about 500 scripts a month from CVS
500
500
Let that sink in. It’s like a small small small. Small independent. You can wrap it up and put a bow on it 500.
Nothing
https://apple.news/A8QQoLbYuTx6jap7PHqK6Dw This will show that Amazon indeed is a threat. It’s the story of how they acquired Pillpack.
CVS home delivery was directly the result of Amazon's purchase of Pillpack. And the average consumer probably doesn't know of Amazon's strong desire to get into the pharmacy business. So I agree that this one survey makes no difference whatsoever.
Honestly the posts from people who just post a random article and a few words more are worthless. You can't formulate anything interesting on your own? Your foolish to think that this one survey by evercore of 2500 adult consumers is anything relevant. Not to mention the pThetic attempt CVS has made to do at home delivery wasn't something done out of coincidence