CVS Health to split retail pharmacy and health care service into two companies

T2Covered by 1 source · first reported by Modern Retail / Digital Commerce 360 / AgFunderNews at 04 Nov, 19:35 UTC

CVS Health announced that it plans to separate its retail pharmacy chain from its health care services business units into two distinct companies. The move comes as retail pharmacies broadly face competition and other pressures. It would walk back two decades of expansion and mergers, including…