CVS and Walgreens are ailing. Here's why
Briefly

"Roughly a quarter of Walgreens' stores do not make money, leading to the announcement of 1,200 closures over three years as the pharmacy chain reevaluates its strategy."
"CVS and Walgreens have accumulated too many stores at a time of changing shopper habits, resulting in stores that are frequently understaffed and struggling to attract customers."
"The overexpansion of these drugstore chains has resulted in hundreds of locations closing, confronting a challenging retail landscape and significant changes in consumer behavior."
"Both CVS and Walgreens face criticism for their operational challenges, suggesting that their expansive growth strategies may have overshadowed the quality and viability of their store locations."
Read at www.npr.org
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