February 3, 2016 by Chain Drug Review
Brian Cornell, CVS Health, CVS Pharmacy, Helena Foulkes, John Mulligan, Larry Merlo, MinuteClinic, Target Corp., video
Business, Featured Articles, Leading Headlines, Pharmacy, Retail News, Videos
WOONSOCKET, R.I., and MINNEAPOLIS — The first CVS pharmacies have opened in six Target discount stores in North Carolina. Branded as CVS Pharmacy, the pharmacies are being operated as store-within-a-store departments and are located in Hickory, Monroe, Morrisville, Raleigh, Matthews and Wesley Chapel, N.C. Executives from CVS Health and Target Corp. — including CVS Pharmacy
January 4, 2016 by Geoff Walden and Chain Drug Review
Brian Cornell, CVS Health, Larry Merlo, Target Corp.
2016, Issue 01-04-2016, Issues, News
WOONSOCKET, R.I. — CVS Health Corp. has completed the acquisition of Target Corp.’s pharmacy and clinic businesses, making CVS the No. 1 drug chain by store count and sales. With the closing of the $1.9 billion deal, CVS has picked up Target’s 1,672 pharmacies across 47 states, giving it more than 9,500 prescription counters. Walgreens
December 16, 2015 by Chain Drug Review
Brian Cornell, CVS Health, Larry Merlo, MinuteClinic, Target Corp.
Business, Leading Headlines, Pharmacy, Retail News
WOONSOCKET, R.I., and MINNEAPOLIS — CVS Health has completed its $1.9 billion acquisition of Target Corp.’s pharmacy and retail health clinic business. The companies said Wednesday that Target’s 1,672 pharmacies in 47 states will be branded as CVS/pharmacy and operated under a store-within-a-store format. A CVS/pharmacy will be in all new Target stores that offer
December 3, 2015 by Chain Drug Review
Brian Cornell, CVS Health, David Denton, food/drug retailing, Institutional Investor, Larry Merlo, Target Corp.
CDR Blog
Larry Merlo, president and chief executive officer of CVS Health, was named the No. 1 CEO in the food/drug retailing sector by Institutional Investor magazine. Merlo was part of the financial publication’s “2016 All-America Executive Team,” in which more than 2,000 portfolio managers and analysts were asked to name the best CEOs, CFOs and investor
September 14, 2015 by Mark Baumgartner and Chain Drug Review
Brian Cornell, Cathy Smith, John Mulligan, Target Corp.
2015, Issue 09-14-2015, Issues, News
MINNEAPOLIS — Target Corp. has promoted John Mulligan, the company’s chief financial officer, to the newly created role of executive vice president and chief operating officer. Succeeding Mulligan as executive vice president and CFO is Cathy Smith, who previously worked as executive vice president and CFO at Express Scripts, the nation’s largest pharmacy benefit manager.
August 22, 2015 by Scot Meyer and Chain Drug Review
Brian Cornell, executive vice president of merchandising, Jose Barra, pharmacy, Target Corp.
2015, Issue 08-24-2015, Issues, News
MINNEAPOLIS — Target Corp. executive vice president of merchandising Jose Barra, whose areas of responsibility included the retailer’s pharmacy business, is leaving the company. His departure is the latest in a series of executive changes at Target under chairman and chief executive officer Brian Cornell. Barra was promoted to executive vice president of merchandising last
August 17, 2015 by Chain Drug Review
Brian Cornell, Cathy Smith, chief operating officer, Executive vice president, Express Scripts, John Mulligan, Target Corp.
Leading Headlines, Retail News
MINNEAPOLIS – Target Corp. announced that is promoting John Mulligan, the company’s chief financial officer, to the newly created role of executive vice president and chief operating officer, effective September 1. Mulligan will assume oversight of stores, supply chain and properties. Succeeding Mulligan as executive vice president and CFO will be Cathy Smith, who previously
July 13, 2015 by Chain Drug Review and Chain Drug Review
100000 Opportunities Initiative, Alex Gourlay, Brian Cornell, CVS Health, Doug McMillon, Larry Merlo, Target Corp., Walgreens, Walmart
Business, Featured Articles, Leading Headlines, Retail News
CHICAGO — CVS Health, Walgreens, Walmart and Target are among more than a dozen U.S.-based companies forming the 100,000 Opportunities Initiative, an employer-led coalition that aims to create pathways to jobs for America’s young people. The coalition has set a goal to engage at least 100,000 “Opportunity Youth” — 16- to 24-year-olds who face systemic
July 6, 2015 by Geoff Walden and Chain Drug Review
Adam Fein, Brian Cornell, CVS Health, CVS/pharmacy, Drug Channels Institute, Larry Merlo, MinuteClinic, Pembroke Consulting, Target Corp., TargetExpress
2015, Issue 07-06-2015, Issues, News
WOONSOCKET, R.I. — Continuing its aggressive growth and diversification, CVS Health has purchased Target Corp.’s pharmacy and clinic businesses for some $1.9 billion. The acquisition propels CVS past Walgreens as the nation’s No. 1 pharmacy operator by market share and store count. CVS will have close to 9,500 prescription counters. Walgreens had 8,232 as of
July 6, 2015 by Scot Meyer and Chain Drug Review
Brian Cornell, chief merchandising and supply chain officer, Kathee Tesija, Target Corp.
2015, Issue 07-06-2015, Issues, News
MINNEAPOLIS — Kathee Tesija is leaving her post as executive vice president and chief merchandising and supply chain officer at Target Corp., moving into an advisory role with the retailer. The company is conducting an external and internal search for Tesija’s replacement, according to Target chairman and chief executive officer Brian Cornell, who said “this
June 25, 2015 by Geoff Walden and Chain Drug Review
Brian Cornell, Kathee Tesija, Target Corp.
Business, Leading Headlines, Retail News
MINNEAPOLIS – Kathee Tesija, executive vice president and chief merchandising and supply chain officer at Target Corp., will move into an advisory role effective July 6. An external and internal search is under way for a replacement, Target chairman and chief executive officer Brian Cornell said Thursday. The position’s areas of responsibility include overseeing all
June 15, 2015 by Chain Drug Review
Brian Cornell, CVS/pharmacy, Larry Merlo, MinuteClinic, Target Corp., TargetExpress
Business, Featured Articles, Leading Headlines, Retail News
MINNEAPOLIS — With CVS Health running Target Corp.’s pharmacies and clinics, the discount chain will be better able to focus on providing wellness products and services throughout its stores, according to Target chairman and chief executive officer Brian Cornell. “This exciting partnership represents a significant shift in our business model and will have notable benefits
June 15, 2015 by John Schultz and Chain Drug Review
Brian Cornell, CVS Health, CVS/pharmacy, Larry Merlo, MinuteClinic, pharmacy, retail health clinics, Target Corp., TargetExpress
Business, Featured Articles, Leading Headlines, Pharmacy, Retail News
WOONSOCKET, R.I. – CVS Health plans to acquire Target Corp.’s U.S. pharmacy and retail health clinics businesses for about $1.9 billion. CVS said Monday that it will buy more than 1,660 Target pharmacies across 47 states and operate them through a store-within-a-store format and that every new Target store that offers pharmacy services will include
June 1, 2015 by David Pinto and Chain Drug Review
Albertsons, Brian Cornell, CVS/pharmacy, David Pinto, Doug McMillon, fiscal first quarter of 2015, Greg Foran, Helena Foulkes, Safeway, Target, U.S. retailing, Walgreens, Walmart
2015, Issue 06-01-2015, Opinion
The fiscal first quarter of 2015 is in the books for many of the largest retailers, and the results tend to bear out the idea that the current year will be one of struggle and uncertainty despite signs that the economy is rebounding from the recession that plagued it so sorely in recent years. The