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CVS Spinoff Highlights Broader Retail Pharmacy Struggles
Original: WashU Expert: CVS Spin Off Reflects Retail Pharmacies' Challenges | Newswise
A Washington University in St. Louis expert says CVS Health's plan to spin off parts of its business reflects challenges facing retail pharmacies across the United States, including declining prescription profitability, competition, and shifting consumer habits. The commentary argues drugstore chains must rethink their core business model as traditional store formats come under increasing financial pressure.
Why now: CVS's announced spinoff has renewed debate about the future of brick-and-mortar drugstores.
CVS HealthWashington University in St. Louis
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