ECRM_1170x120_8-1-17

CVS/pharmacy

CVS rolls out updated Nuance Salma Hayek line

WOONSOCKET, R.I. — CVS/pharmacy is relaunching the color cosmetics segment of the Nuance Salma Hayek brand with newly formulated and repackaged products that will begin appearing in stores in March. The exclusive beauty care collection, cocreated in 2011 by the company and actress Salma Hayek, quickly became the best-selling proprietary brand in CVS’ history. The

First MinuteClinic inside a Navarro store debuts

WOONSOCKET, R.I. — CVS Health has opened its first MinuteClinic inside a Navarro Discount Pharmacy store. The new MinuteClinic walk-in medical clinic inside the Navarro store in Miami Lakes, Fla., joins 22 other South Florida MinuteClinic locations inside selected CVS/pharmacy stores. CVS acquired Navarro in July 2014, and it acquired MinuteClinic in 2006. “This new

CVS to roll out updated Nuance Salma Hayek line

CVS to roll out updated Nuance Salma Hayek line

WOONSOCKET, R.I. — CVS/pharmacy is relaunching the color cosmetics segment of the Nuance Salma Hayek brand with newly formulated and repackaged products. Plans call for the new Nuance Salma Hayek cosmetics to begin appearing in stores in March. The drug chain said the cosmetics makeover involves replacing the segment with 37 new SKUs, at prices

CVS Health expands clinical affiliations

CVS Health expands clinical affiliations

WOONSOCKET, R.I. — CVS Health has entered into new clinical affiliations with leading health care providers in California, Illinois, North Carolina and Michigan. CVS said Thursday that it has affiliated with John Muir Health in California; the University of Chicago Medical Center in Illinois; Novant Health, serving the Winston-Salem area, in North Carolina; and the

McKesson, CVS sign new pact for Target Rx

McKesson, CVS sign new pact for Target Rx

SAN FRANCISCO — McKesson Corp. announced a new distribution pact with CVS Health for Target pharmacies in updating its earnings outlook for fiscal 2016 and providing preliminary guidance for fiscal 2017. McKesson said that for the 2016 fiscal year ending March 31, it now projects adjusted earnings per diluted share of $12.60 to $12.90, compared

CVS’ Judy Sansone is Merchant of Year

CVS’ Judy Sansone is Merchant of Year

WOONSOCKET, R.I. — Over the course of the past decade, CVS Health has undergone profound changes, transforming itself from a traditional drug store operator into a health care innovation company. One constant throughout the process has been the rock-solid performance of the front-end retail business to which the company traces its origins. Health and beauty

CVS Health’s Merlo: ‘No one is better positioned’

CVS Health’s Merlo: ‘No one is better positioned’

NEW YORK — At its annual Analyst Day event here, CVS Health updated its earnings guidance for 2016 and reiterated its five-year targets. “Over the past several years, CVS Health has been preparing for the changes in the health care landscape by expanding our extensive suite of leading assets and capabilities,” said president and chief

CVS/pharmacy elevates the beauty care experience

CVS/pharmacy elevates the beauty care experience

WOONSOCKET, R.I. — Shortly after CVS Health decided in February 2014 to eliminate tobacco products from the merchandise mix at its drug stores, the company’s retail leadership team took the opportunity to reexamine the business. During those deliberations, beauty care quickly emerged as an area ripe for innovation. “We started the journey by interviewing thousands

WBA shakes up industry with Rite Aid acquisition

WBA shakes up industry with Rite Aid acquisition

DEERFIELD, Ill. — The consolidation of chain drug retailing climaxed last month with Walgreens Boots Alliance Inc.’s (WBA’s) acquisition of Rite Aid Corp. In the largest outright purchase of a chain in the industry’s history, WBA agreed to acquire Rite Aid for $9 per share, or $17.2 billion, including debt. The price represents a premium

CVS in-store campaign supports cancer research

CVS in-store campaign supports cancer research

WOONSOCKET, R.I. — CVS/pharmacy has kicked its second annual in-store fundraising campaign to benefit the cancer research group Stand Up To Cancer (SU2C). CVS said Monday that the campaign, which features actress and SU2C ambassador Eva Longoria, is part of a three-year, $10 million commitment by CVS Health to SU2C. A program of the Entertainment

CVS Health reports rise in revenue for 3Q

CVS Health reports rise in revenue for 3Q

WOONSOCKET, R.I. — CVS Health posted sales gains in both its retail pharmacy and pharmacy services businesses for the 2015 third quarter, with adjusted earnings per share (EPS) finishing in line with analysts’ projections. CVS also said Friday that it has expanded its business segments to incorporate operations from the Omnicare Inc. acquisition, which closed

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