Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Rhode Island
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 11-18-2021, 09:46 AM
 
Location: The ghetto
17,241 posts, read 8,859,488 times
Reputation: 13226

Advertisements

Due to "the explosive growth of online shopping".


CVS plans to shut 900 stores over 3 years


Quote:
"The company has been evaluating changes in population, consumer buying patterns and future health needs to ensure it has the right kinds of stores in the right locations for consumers and for the business," the company said in a statement. "As part of this initiative, CVS Health will reduce store density in certain locations and close approximately 300 stores a year for the next three years."
Reply With Quote Quick reply to this message

 
Old 11-18-2021, 10:23 AM
 
24,523 posts, read 18,044,055 times
Reputation: 40209
The copay price break on 90 day Rx through the mail has to be hitting brick & mortar pharmacies hard. If the traffic doing monthly refills that also spends on their big mark-up retail drops off, it’s hard to cover the big labor costs.
Reply With Quote Quick reply to this message
 
Old 11-18-2021, 11:03 AM
 
Location: Beautiful Rhode Island
9,243 posts, read 14,800,518 times
Reputation: 10259
Sounds about right. They probably have too many sites in certain places. Plus, we will see over the next decade (or less) lots more brick and mortar store closures. That, along with office site closures, ( due to workers working online from home) is going to make for a changed world.

Quote:
CVS said it will focus on three store formats: sites that offer primary care services, sites that feature an enhanced version of HealthHUB, and sites that offer the traditional mix of pharmacy services and retail.
Reply With Quote Quick reply to this message
 
Old 11-19-2021, 02:12 PM
 
70 posts, read 52,420 times
Reputation: 96
They seem to have way too many stores just like theres way too many Dunkin Donuts.
Reply With Quote Quick reply to this message
 
Old 11-20-2021, 09:37 PM
 
23,190 posts, read 18,331,058 times
Reputation: 10682
Quote:
Originally Posted by Dayzoftheweek View Post
They seem to have way too many stores just like theres way too many Dunkin Donuts.

I don't know about CVS, I tend to boycott them (don't ask it's personal). But can you point me to some of these Dunkin Donuts that are missing customers (and lines)? Feel free to share.
Reply With Quote Quick reply to this message
 
Old 11-20-2021, 11:35 PM
 
Location: Newburyport
527 posts, read 409,788 times
Reputation: 586
CVS is a freakin’ ripoff. This isn’t surprising at all. I went in there last night because I didn’t feel like driving to Target and paid almost $40 for non-fancy moisturizer, powder, and M&Ms. And this was also with a 35% off coupon. If I went to Target or Walmart, that same order would’ve been under $30. They’re simply way too expensive and everyone avoids them for this reason.
Reply With Quote Quick reply to this message
 
Old 11-21-2021, 10:08 AM
 
1,912 posts, read 1,111,455 times
Reputation: 3192
Quote:
Originally Posted by Remy11 View Post
CVS is a freakin’ ripoff. This isn’t surprising at all. I went in there last night because I didn’t feel like driving to Target and paid almost $40 for non-fancy moisturizer, powder, and M&Ms. And this was also with a 35% off coupon. If I went to Target or Walmart, that same order would’ve been under $30. They’re simply way too expensive and everyone avoids them for this reason.
Agreed although on average, with those ExtraCare coupons and the like, my shopping trips are about the same as Target, price-wise.

But the high prices without ExtraCare coupons likely do scare people off. I wonder why CVS does that.
Reply With Quote Quick reply to this message
 
Old 11-23-2021, 12:52 AM
 
Location: Newburyport
527 posts, read 409,788 times
Reputation: 586
Quote:
Originally Posted by GSPNative View Post
Agreed although on average, with those ExtraCare coupons and the like, my shopping trips are about the same as Target, price-wise.

But the high prices without ExtraCare coupons likely do scare people off. I wonder why CVS does that.
I’m not sure if maybe they were banking on people using the Extra Care program a lot more than they do? I definitely agree that using the EC coupons helps (and I do use mine as much as possible), but I will say often times when I’m in line and the store associate asks people in front of me if they have an EC card, it’s usually met with a ‘no’. I’m always tempted to tell them to swipe my card so I can get the points and they get a potential discount!

I think another possibility is that the high prices started to outweigh the convenience factor. I definitely noticed that prices have soared even in the past 3 or 4 years. I used to go all the time because there were about four of them in the town I was living in, but as the price disparity became glaringly obvious, I decided it just wasn’t worth it. So, off to Target or Walmart I go. I only go to CVS if I absolutely need a few small things and really don’t feel like leaving town. And even then I scour my email to see if I have a coupon.

Also, the greeting cards are outrageous! And they don’t have many less expensive but just-as-nice options the way Target and Walmart do.
Reply With Quote Quick reply to this message
 
Old 11-23-2021, 06:08 AM
 
24,523 posts, read 18,044,055 times
Reputation: 40209
We just changed healthcare coverage. The new plan has very tiered prices. CVS MinuteClinic is the best pricing anywhere near here for something quick. Unfortunately, the several closest CVS don’t have them so it’s a 24 minute drive. Walgreens is our closest pharmacy and it’s newer construction & has an office with a door for vaccinations. We’re unlikely to set foot in a CVS unless it’s to use that MinuteClinic to get something like a Lyme test/Rx or Tamiflu Rx.
Reply With Quote Quick reply to this message
 
Old 11-24-2021, 08:53 AM
 
8,408 posts, read 4,464,051 times
Reputation: 9617
They are going to have larger more strategically located stores. Makes sense for the bottom line. Not as many brick and mortar locations are needed as was once the case. Online purchasing has changed retail. Look at the banking industry for a glimpse of the future. No where near as many bank branches and ATM's as there used to be. Electronic banking and payment options brought great change.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:




Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Rhode Island
View detailed profiles of:

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top