CVS Caremark is best known for its drugstore busines. But it's also finding its way into the business of managing prescription-drug insurance claims. After taking some heat in the last few quarters, it is starting to see revenue from some big contracts in this segment.
CVS Caremark and Walgreen are the leading pharmacy chains in the U.S. While both have been aggressively expanding their retail footprints, there has been a gradual decrease in the average size of the newly opened stores. Here's why they're going small, and what it means for their profits.
After years of trying to expand its online presence through organic growth, giant drug store chain Walgreen has decided to buy a bigger Web footprint, acquiring drugstore.com, the country's eighth-largest e-tailer -- and it's paying a premium price.
