Friday, July 31, 2015

Will Target pharmacy customers see higher prices after CVS takes over?

At least one retail industry analyst suggests that customers of Target's pharmacies may see higher prices after CVS Health Corp. closes on its $1.9 billion purchase of Target Corp.'s pharmacy business, as it plans to by year-end. Minnesota Public Radio reports that Woonsocket, R.I.-based CVS (NYSE: CVS) has some different priorities than Target(NYSE: TGT) when it comes to price strategy. Retail consultant Howard Davidowitz notes while "price is central to the entire Target rationale," CVS doesn't…
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http://memphissmbmedia.blogspot.com/2015/07/will-target-pharmacy-customers-see.html from Memphis SMB Media

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