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Walgreens And CVS Are Shockingly More Expensive Than Wal-Mart

Feb 14, 2014, 04:17 IST

Walgreens and CVS charge roughly 40% more than Wal-Mart for the same basket of goods, according to a new report.

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Sterne Agee analysts purchased 33 identical items at five retailers to compare prices for the report. Retailers included Wal-Mart, Dollar General, Family Dollar, CVS and Walgreens.

Given the low-price guarantees of the discount retailers included in the study, the analysts expected to find higher prices at the drug store chains.

But they weren't expecting their mark-ups to be so extreme.

The baskets cost $95.42 at Wal-Mart. They were $40.96 more expensive at Walgreens and $36.83 more expensive at CVS.

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The premium was highest in consumables (i.e. razors and soap), followed by food and beverages and household goods.

Here's the breakdown of basket costs at each retailer:

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