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CVS/pharmacy to acquire 19 Medicine Chest Pharmacy stores in Texas
Woonsocket, R.I. -- CVS/pharmacy and Medicine Chest Pharmacy announced Friday that CVS will acquire 19 Medicine Chest drug stores in Texas during the last weekend of December.
CVS/pharmacy will operate nine of the acquired locations and relocate 10 other Medicine Chest pharmacies into nearby existing CVS/pharmacy locations. Medicine Chest will continue to operate its remaining 10 locations.
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Crisis averted, supply chains rebound in December as 2013 trouble looms
Cargo volumes at U.S. ports are forecast to increase 3.9% this month following a 5.6% decline in November. That’s the good news, but now retailers and suppliers have to worry about the possibility of a strike at East coast ports.
The strike by workers at the ports of Los Angeles and Long Beach negatively affected container volumes in November, but resolution of the strike after eight days meant disruption in December was limited to just two days, according to the monthly Global Port Tracker report compiled by the National Retail Federation and Hackett Associates