For decades, CVS seemed like the perfect business. It was convenient, sold a mix of products people wanted, and everyone was forced to go there (or to one of its rivals) when they needed to pick up a prescription.

Operating a contract business with the federal government can require millions of dollars of capital investment to efficiently procure, store, and ship products.

The firearms industry, including rifle, handgun, and ammunition manufacturers and retailers, have faced financial distress in 2026 that has led to bankruptcy filings.