{"id":490,"date":"2015-03-08T06:10:52","date_gmt":"2015-03-08T13:10:52","guid":{"rendered":"http:\/\/re-tales.net\/?p=490"},"modified":"2015-03-08T06:10:52","modified_gmt":"2015-03-08T13:10:52","slug":"where-do-cvs-customers-buy-tobacco-now","status":"publish","type":"post","link":"http:\/\/re-tales.net\/?p=490","title":{"rendered":"Where Do CVS Customers Buy Tobacco Now?"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"http:\/\/www.opposingviews.com\/sites\/default\/files\/featured_image\/alts\/1014\/cvs.jpg\" alt=\"\" width=\"214\" height=\"161\" \/><\/p>\n<p>Well here&#8217;s part of the answer. \u00a0 Rite-Aid reported that their front end same-store sales were up \u00a01.2% for 2014, while CVS reported theirs were <span style=\"color: #ff0000;\">down 4.0%,<\/span> and for the last quarter Rite-Aid was up 2% while CVS <span style=\"color: #ff0000;\">dropped a whopping 7.0%<\/span> over the last 3 months of the year. \u00a0\u00a0Walgreens was up 1.3% in the 4th quarter and around the same for the year.<\/p>\n<p>Rite-Aid continues to show positive results both in income and sales, which continues their ascent from near bankruptcy. \u00a0All 3 drug chains showed large increases on the pharmacy side which in particular helped CVS stay out of the negative on overall sales comps after the front end sales dropped.<\/p>\n<p>All three companies are around 70% (or more) pharmacy sales. \u00a0When I started in the drug store business it was almost the opposite, 70% of the business came from the front end. \u00a0Drug stores are no longer a destination for most of the categories they used to do well in, but have become a pharmacy with a convenience store up front.<\/p>\n<p>&nbsp;<\/p>\n<p>Rite-Aid results are <a href=\"http:\/\/www.drugstorenews.com\/article\/rite-aid-sees-increase-front-end-pharmacy-comps-year-date\" target=\"_blank\">here.\u00a0<\/a><\/p>\n<p><a href=\"http:\/\/news.walgreens.com\/press-releases\/earnings-releases\/walgreen-co-reports-fiscal-2014-fourth-quarter-and-full-year-results.htm\" target=\"_blank\">Walgreens results.\u00a0<\/a><\/p>\n<p><a href=\"http:\/\/seekingalpha.com\/article\/2919106-what-can-2014-results-tell-us-about-the-future-for-cvs-health\" target=\"_blank\">CVS results.\u00a0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Well here&#8217;s part of the answer. \u00a0 Rite-Aid reported that their front end same-store sales were up \u00a01.2% for 2014, while CVS reported theirs were down 4.0%, and for the last quarter Rite-Aid was up 2% while CVS dropped a whopping 7.0% over the last 3 months of the year. \u00a0\u00a0Walgreens was up 1.3% in <a class=\"read-more\" href=\"http:\/\/re-tales.net\/?p=490\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,11],"tags":[],"class_list":["post-490","post","type-post","status-publish","format-standard","hentry","category-retail-companies","category-retail-trends"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"http:\/\/re-tales.net\/index.php?rest_route=\/wp\/v2\/posts\/490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/re-tales.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/re-tales.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/re-tales.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/re-tales.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=490"}],"version-history":[{"count":2,"href":"http:\/\/re-tales.net\/index.php?rest_route=\/wp\/v2\/posts\/490\/revisions"}],"predecessor-version":[{"id":499,"href":"http:\/\/re-tales.net\/index.php?rest_route=\/wp\/v2\/posts\/490\/revisions\/499"}],"wp:attachment":[{"href":"http:\/\/re-tales.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/re-tales.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=490"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/re-tales.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}