Word: cvs
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WOONSOCKET, Rhode Island: CVS Corp. announced plans to purchase competitor Revco in a $2.8 billion deal that will make CVS the nation's biggest drug store chain. The move is another in a growing series of consolidations as traditional, large-scale drugstore companies try to combat fierce price and product competition from supermarket and mail-order pharmacies. Revco, which has more stores but smaller revenues than CVS, had planned a similar deal last spring with competitor Rite Aid, but the Federal Trade Commission blocked the acquisition over antitrust concerns. The FTC has not yet approved the CVS-Revco deal...
...never eaten a BLT in my life. And, true, stores do come and go even in small towns. But what is disturbing is the trend toward "Gapification." Within a couple blocks of the John Harvard statue, we now have a Tower Records, HMV Records, a Gap, Urban Outfitters, three CVS's, Chilis, Pizzeria Uno and a Coop operated by Barnes and Noble. These stores, while convenient, are impersonal and virtually indistinguishable from similar stores in other parts of the country and even around the world...
...this; "Gapification" might just be an inevitable stage in the development of capitalism. Maybe it's just a historical stepping stone on the way to something better; we'll just have to wait. In the meantime, I'm fresh out of Advil; maybe I can still make it to CVS by The Body Shop before closing time...
...last week, the wire-strung lights above Mass. Ave. near the Coop and Baskin Robbins glimmered merrily against the November cold. Retailers played Christmas music to lure shoppers into their stores. And, most appalling, the day after Halloween, CVS replaced its bags of orange and black candy corn with bundles of red and green foil-wrapped goodies...
...School supplies, second, which beside being wholly inadequate, don't do much for the student pocketbook as the Coop specializes in $500 pens. Surely, Bob Slate and the two CVS's in Harvard Square might be able to supply students with needed items...