The increasing cross-shopping data between the two can also explain why Walgreens and CVS are now heavily focused on building out their healthcare offerings.
Walgreens and CVS rounded out 2021 with robust year-over-year increases in foot traffic, buoyed by consumer demand for wellness products and COVID vaccines and tests.
An analysis of foot traffic data from Placer.ai’s Shira Petrack reveals that neither chain showed any real dip in visits during the Delta and Omicron COVID surges, and both finished the year “far ahead” of 2019 visit metrics. CVS saw a 32.5% Yo2Y foot traffic increase in December, while Walgreens posted 27.8% more visits than December 2019.
See original article at:
Walgreens, CVS Poised For More Success This Year | GlobeSt
