Walgreens and CVS Struggle: Why and Their Top Fixes

TL/DR –

Walgreens and CVS retail pharmacies are currently facing operational struggles. In response to this, the two companies have decided to close thousands of their stores. The decision was reportedly influenced by increasing inflation which is posing a significant challenge to these retail giants.

Walgreens and CVS Face Struggles and Plan Mass Store Closures

The battle for survival in the retail pharmacy industry is becoming tougher for Walgreens and CVS, forcing them to find solutions to their struggles.

Both retail giants are preparing to shutter thousands of stores across the United States, as part of a strategic response to changing market conditions and customer buying habits.

Walgreens, in particular, is slated for a massive closure of 700 stores, as it grapples with the impact of economic inflation on retail giants.

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