USA Today: 5 reasons why Target sold pharmacy biz to CVS

1. Complexity. The health care business is exceedingly complex - Target's primary business is selling consumer goods
2. Profitability. Target's pharmacy business was losing money.
3. Lack of scale. Target is big, but its real estate footprint is not as wide as CVS'.
4. Focus. Target has other priorities that have taken on more urgency.
5. Foot traffic. Executives believe Target will reap higher foot traffic from CVS customers

Source: USA Today, June 15, 2015
Source URL: http://www.usatoday.com/story/money/2015/06/15/target-cvs-ph...

Printer-friendly versionSend to friendmore...