America’s drugstores are testing smaller locations and more ways to offer care as price-sensitive shoppers look elsewhere. “Everyone looks at health care and says, ‘Oh yeah, it’s a market that’s ripe for disruption,’” said Neil Saunders, managing director of consulting and data analysis firm GlobalData. “But it isn’t easy to disrupt.” Walgreens CEO Tim Wentworth said recently that his company …
COVID-19 vaccines and the return of customers to stores helped push CVS Health well past fourth-quarter earnings expectations. The pandemic’s impact was clear in the recently concluded fourth quarter, which saw CVS Health’s profit jump 34% to $1.31 billion compared with the final quarter of 2020. The largest revenue generator for CVS, the pharmacy benefit management business, processed more pharmacy …
