CVS Health CEO Karen Lynch has stepped down, with company shares sinking 19% this year and the health-care giant struggling on several fronts. CVS Health also warned of disappointing third-quarter ...

In addition to Joyner taking over as president and CEO, current Chairman of the Board Roger Farah will now become the board’s ...

CVS Health CEO Karen Lynch has stepped down with company shares down 19% and the national drugstore chain struggling. Lynch will be replaced by David Joyner, who will attempt to steer the health ...

Walgreens’ announcement Tuesday that it plans to shutter 1,200 locations over the next three years made headlines, but that ...

America’s biggest pharmacy chains are laying off thousands of workers and rethinking their roles in our lives. What went ...

The retailer joins CVS and Rite-Aid in closing stores and making other changes as it shores up its business model after a shift in customer habits.

America's biggest pharmacy chains are closing hundreds of stores, laying off thousands of workers and rethinking their role in our lives.

Drug store chains are struggling because of lower reimbursement rates for prescription drugs, according to analysts who cover ...

Drug store chains are struggling because of lower reimbursement rates for prescription drugs, according to analysts who cover ...

Walgreens is dramatically shrinking its retail footprint and revamping its front-of-store product mix in a bid to fend off ...

Walgreens says about a quarter of its stores are unprofitable. Big pharmacy chains are struggling with growing retail ...

Deerfield, Ill.-based Walgreens currently operates nearly 9,000 retail locations across the United States, Puerto Rico and ...