CVS, Walmart To Cut Pharmacy Working Hours : WSJ

CVS Health Corp. (CVS) and retail giant Walmart Inc. (WMT) are set to reduce pharmacy hours as staffing squeeze continues at their respective pharmacies across the United States, according to a Wall Street Journal report on Friday.

CVS is looking to reduce shift hours at two-third of its about 9,000 locations in the U.S. in March, while Walmart is looking to reduce working hours at their pharmacies by closing two hours earlier at 7 p.m. instead of 9 p.m. at most of it about 4,600 stores by March.

Another major pharmacy retailer Walgreens Boots Alliance (WBA) has also earlier announced a reduction in working hours at thousands of its stores.

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