Tuesday, June 4, 2019

Fears grow over 'food swamps' as drugstores outsell major grocers

The Guardian
Interspersed among CVS’s glowing fluorescent aisles of laundry detergent, racks of Band-Aids, and over-the-counter digestion remedies, there are shelves of brightly colored cereal boxes. Windowed refrigerators full of milk cartons and microwavable frozen meals for one are within arm’s reach of displays stacked with popcorn, chips and salsa. For the past several years, pharmacies have been quietly stocking and selling more food to Americans who are drawn to one-stop shopping for their everyday essentials.

In 2017, CVS held a 3.9% share of the grocery market. Walgreens came in at 2.4%. That may not seem like much, but it far outpaced both Whole Foods and Trader Joe’s, which had 1.4% and 1% respectively. . . . more