CVS and Walgreens are ailing. Here’s why
America’s biggest pharmacy chains are closing hundreds of stores, laying off thousands of workers and rethinking their role in our lives.
CVS
CVS and Walgreens to start dispensing abortion pill in states where it's legal
CVS will start filling prescriptions for mifepristone in Massachusetts and Rhode Island. Walgreens will start in New York, Pennsylvania, Massachusetts, California and Illinois.
CVS and Walgreens limit sales of children's meds as the 'tripledemic' drives demand
Walgreens will limit online orders of children's fever and pain medicine to six items "to help support availability and avoid excess purchases." At CVS stores, purchases will be limited to two.
CVS and Walgreens agree to pay $10 billion to settle lawsuits linked to opioid sales
CVS would pay about $5 billion and Walgreens more than $5.5 billion, though neither company has admitted wrongdoing. States have until the end of the year to accept the terms of the settlement.
CVS and Walgreens announce opioid settlements totaling $10 billion
It could amount to the last round of huge settlements after years of litigation over the industry's role in an overdose crisis linked to more than 500,000 deaths in the U.S. over the past two decades.