America’s largest pharmacy chains are having a tough time competing with Amazon, and it isn’t primarily because of medicine sales. CVS and Walgreens have long boosted their margins by selling products that customers find on their way to pharmacies at the back of their stores, but that model is no longer working. Both incumbents have reported declining retail sales, with Walgreens citing a “challenging” retail environment that reads like code for locked-up items and “Amazon.”
Read the full article: The “Amazon Effect” on Pharmacy Isn’t About Medicine //
Source: https://www.axios.com/2025/01/02/amazon-pharmacy-cvs-walgreens