CVS Will Offer Next-Day Delivery of Prescription Drugs
Amazon’s possible expansion into prescription drugs has set the pharmacy industry on edge in recent months, igniting fears
that the online behemoth will upend the existing business in much the same way that it has disrupted other consumer markets, from books to household supplies to groceries.
CVS Health said on Monday that it would begin offering next-day delivery of prescription drugs
and same-day service in some big cities next year, reflecting the company’s worries about potential competition from Amazon.
CVS Health also said its retail sales declined in the third quarter of this year, a dip
that the company said occurred because of the three major hurricanes that forced many stores to close.