Why Are CVS and Walgreens Always Together? [Explained]

Have you ever noticed how you always see CVS and Walgreens together? It’s kind of strange because it’s not like McDonald’s and Burger King, where each has its own signature menu. So why do these pharmacies always locate close to one another?

CVS and Walgreens are two of the most popular pharmacy chains in the United States — but why do they always appear to be side-by-side at almost every single shopping mall or street corner? This peculiar phenomenon has caused some confusion over the years as shoppers notice that these larger companies often settle in close proximity to one another.

In this article, we will explain why CVS and Walgreens locations often seem to set up shop right next door to each other. From competition to convenience, we’ll explore all the factors that contribute to this tandem presence and examine what advantages the pair might gain from it.

Why Are CVS and Walgreens Always Together?

The answer to this question lies in the competitive nature of the pharmacy industry. Both CVS and Walgreens are two of the largest drugstore chains in the United States, and they both want to be as visible as possible to potential customers. By locating their stores close together, they can maximize their visibility and draw more customers into their respective stores.

Additionally, having two large pharmacies located near each other can be beneficial to customers as well. It gives them the convenience of having two stores to choose from in one location, which can be especially helpful if one store is out of a particular item or medication.

Another factor that contributes to CVS and Walgreens being located close together is their respective loyalty programs. Both companies offer rewards programs that give customers discounts and other perks for shopping at their stores. By having two stores in close proximity, customers can easily switch between them and take advantage of both loyalty programs.

Finally, CVS and Walgreens often locate close together because they are both part of the same corporate family. Both companies are owned by the same parent company, CVS Health Corporation, which means that they have a vested interest in keeping their stores close together to maximize profits.

More Reasons Why Walgreens And CVS Are Always Located Together

In addition to the reasons mentioned above, there are a few other factors that contribute to why CVS and Walgreens often locate close together. For one, both companies have similar product offerings, which makes it easier for customers to switch between stores if they need something specific. Additionally, both companies offer online ordering and delivery services, so customers can easily shop at either store without having to leave their homes .

Finally, both companies have a large presence in the United States, which means that they can easily find locations that are close together and benefit from the increased visibility.

1. Both Walgreens and CVS have a large selection of products at competitive prices, which makes it more likely that customers will shop at both stores.

2. Convenience-By putting the two stores together in one location, customers can easily access both businesses in one trip, making their shopping experience quicker and more convenient.

3. Brand Recognition-CVS and Walgreens offer strong brand recognition and loyalty, making it easier for customers to trust that they’ll get quality products and services at each store.

4. Synergy-By having both Walgreens and CVS in one location, customers have more options and can take advantage of customer loyalty perks from each store that would otherwise not be available separately.

5. Cost Savings-Location together saves on overhead costs such as rent, marketing, etc., allowing for cost savings which can be shared by both companies or passed on to customers in the form of discounts or promotions.

Do CVS And Walgreens Have The Same Owners?

Yes, CVS and Walgreens are both owned by the same parent company, CVS Health Corporation. This means that they have a vested interest in keeping their stores close together to maximize profits.

In addition to the reasons mentioned above, CVS and Walgreens often locate close together because of their respective loyalty programs. Both companies offer rewards programs that give customers discounts and other perks for shopping at their stores. By having two stores in close proximity, customers can easily switch between them and take advantage of both loyalty programs. This helps to drive more sales for both companies and encourages customer loyalty.

Finally, CVS and Walgreens often locate close together because of their respective marketing strategies. Both companies have invested heavily in advertising and promotions, which helps to drive customers to their stores. By having two stores in the same area, they can capitalize on the increased visibility and draw more customers to both locations. This helps to increase sales for both companies and ensures that they remain competitive in the marketplace.

Which Chain Has More Stores In Total?

CVS has more stores in total than Walgreens, with over 9,800 locations across the United States. Walgreens has around 8,200 locations in the US.

In addition to the reasons mentioned above, CVS and Walgreens often locate close together because of their respective customer service strategies. Both companies strive to provide excellent customer service and have invested in training their staff to ensure that customers are satisfied with their shopping experience. By having two stores in close proximity, customers can easily switch between them if they need assistance or have a question. This helps to build customer loyalty and encourages customers to return to both stores.

Which Chain Fills More Prescriptions?

CVS fills more prescriptions than Walgreens, with over 1 billion prescriptions filled in 2019. Walgreens filled around 860 million prescriptions in the same year.

CVS and Walgreens often locate close together because of their respective product offerings. Both companies offer a wide range of products, from over-the-counter medications to health and beauty items. By having two stores in the same area, customers can easily switch between them if they need something specific or have a question about a product. This helps to increase sales for both companies and ensures that customers have access to the products they need.

When it comes to why CVS and Walgreens are often located close together, the answer is simple: convenience. By having two stores in the same area, customers can easily switch between them if they need something specific or have a question.

This helps to drive more sales for both companies and encourages customer loyalty. In addition, both companies offer rewards programs and invest heavily in advertising and promotions, which helps to draw more customers to both locations. Finally, both companies strive to provide excellent customer service and have invested in training their staff to ensure that customers are satisfied with their shopping experience.

What are the Benefits of Having Two Stores in the Same Area?

The benefits of having two stores in the same area include increased visibility, increased sales, and customer loyalty. By having two stores in close proximity, customers can easily switch between them if they need something specific or have a question.

This helps to drive more sales for both companies and encourages customers to return to both stores. In addition, both companies offer rewards programs and invest heavily in advertising and promotions, which helps to draw more customers to both locations. Finally, both companies strive to provide excellent customer service and have invested in training their staff to ensure that customers are satisfied with their shopping experience.