CVS/Pharmacy News and Happenings.

Get new comments by email
You can cancel email alerts at anytime.
Comments (3)

Host

What do you think -- is this company going to survive and thrive? Are they looking to expand their staff, or do you think layoffs are inevitable?

How does CVS/Pharmacy stack up against the competition?

Reply - Report abuse

John Peterson in Ormond Beach, Florida

89 months ago

Host said: What do you think -- is this company going to survive and thrive? Are they looking to expand their staff, or do you think layoffs are inevitable?

How does CVS/Pharmacy stack up against the competition?


CVS is on the decline. Sales are consistently down in the market I am in. Walgreens is kicking our butts and Walmart, regular stores as well as their new super stores will eventually eliminate CVS. Our prices are over a dollar on almost every item we sell compared to Walmarts. It's a good company but the handwriting is on the wall. CVS response to this is cut payroll and make your existing employees work more, longer hours with no extra pay. You're enticed with a managers position but once you accept, there goes your O/T.

- Was this comment helpful? Yes (34) / No (3) Reply - Report abuse

arty

88 months ago

John Peterson in Ormond Beach, Florida said: CVS is on the decline. Sales are consistently down in the market I am in. Walgreens is kicking our butts and Walmart, regular stores as well as their new super stores will eventually eliminate CVS. Our prices are over a dollar on almost every item we sell compared to Walmarts. It's a good company but the handwriting is on the wall. CVS response to this is cut payroll and make your existing employees work more, longer hours with no extra pay. You're enticed with a managers position but once you accept, there goes your O/T.

You see this phenomenon all over the country, from Detroit to Wall Street. What's important? Not long term strategy but short term profits that will, ideally, continue long-term. But when they're based on overpricing and overutilization of labor forces, the spirit of productivity declines like air going out of your tire. And somehow, the overpaid guys at the top rarely ever seem to respond in a wise manner. They just keep doing the same old same old.

- Was this comment helpful? Yes (15) / No (1) Reply - Report abuse

» Sign in or create an account to comment on this topic.