Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 0
I'm long on CVS (at the moment), but from time to
time I like to look over my holdings and decide
whether they, er..., SHOULD be holdings !

Today, I saw an interesting article in the NY Times
about the possibility that there are too many retail
drug stores in NY City. It mentioned that CVS
just opened a superstore right across the street
from a big Duane Reade.

(Hope this link comes through):

Now...I'm the first to admit that I don't know
anything about the strategy of locating new stores.
But it seems to me that only one of those new stores
is going to "make it"...and that the city is a
big enough pie that CVS could have chosen a different
slice. do we know if a chain is over-expanding?
Yeah...CVS's same store sales growth has been good. looks like they're opening new stores at
a FRANTIC pace. And...the Soma buy...was it well
thought out?

I'd be grateful for your thoughts on these.....
and any other important issues regarding retail
stocks (especially the drug store sector).

Jack (in NY....where else?? <grin>)
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.