WOONSOCKET, R.I. — CVS Health has bought the prescription files of Marsh Supermarkets’ 37 pharmacies in Indiana. CVS said the Marsh pharmacy files will be transferred to nearby CVS Pharmacy locations between May 3 and 5. Financial terms of the transaction weren’t disclosed. “CVS and Marsh will work together to ensure that pharmacy patients experience
WOONSOCKET, R.I. — Despite declines in its retail pharmacy business, CVS Health saw sales rise and beat Wall Street’s earnings projections for its fiscal 2017 first quarter. CVS said Tuesday that for the quarter ended March 31, revenue totaled $44.51 billion, up 3% from $43.22 billion a year earlier. Sales in the company’s Retail/LTC Segment, which
WOONSOCKET, R.I. — Americans see prescription drug abuse as a growing problem that is increasingly impacting their lives, a new report from CVS Health has found. Released on Thursday, ahead of the Drug Enforcement Administration’s (DEA) National Prescription Drug Take Back Day, the report also finds that 75% of respondents believe the problem of prescription
The 2017 NACDS Annual Meeting got going on Saturday at The Phoenician in Scottsdale, Ariz. Headlining the day’s events were Meet the Retailer sessions with CVS Health, Walgreens, Fred’s Pharmacy, Sam’s Club, Cardinal Health and The Vitamin Shoppe. NACDS also held its board of directors meeting. “We’re very customer-first; we’re creating the very best customer
WOONSOCKET, R.I. — CVS Pharmacy this month is introducing beauty boutiques in 2,100 of its stores, featuring more than 100 new products from South Korea, many exclusive to CVS. The K-Beauty HQ boutiques will feature a collection of beauty brands curated by Alicia Yoon, a trailblazer in the K-Beauty cosmetics and skin care trend that
NEW YORK — As shown by the evolution of its front-end strategy, CVS didn’t change its name to CVS Health and remove tobacco products from its stores more than two years ago for nothing. Executives at the interactive brand showcase CVS held Wednesday in Manhattan noted that health and well-being underpins virtually all facets of
LAYTON, Utah — SmartGuard Rx Inc. has landed retail distribution for its SmartGuard Dental Guard at nearly 6,400 CVS Pharmacy stores. SmartGuard Rx said Wednesday that SmartGuard Dental Guard provides a one-size-fits-all solution for bruxism (teeth grinding and clenching) and the jaw joint disorders TMJ/TMD, helping users overcome the associated symptoms, which may include inability
WOONSOCKET, R.I. — CVS Pharmacy has unveiled the next phase of its front-end strategy, including new store designs, more better-for-you food and health-focused products, expanded beauty offerings and informational signage storewide. CVS said more than 800 stores nationwide have been remodeled with the new front-end design and assortment, and over 3,400 locations now have expanded
WOONSOCKET, R.I. — Alex Perez-Tenessa, chief beauty care merchant at CVS Pharmacy, is leaving the company. CVS confirmed on Monday that Perez-Tenessa, vice president of merchandising for beauty and personal care for the drug chain, is departing to pursue other career opportunities. Published reports said Perez-Tenessa is joining online retail giant Amazon.com. Perez-Tenessa joined CVS in
SHELTON, Conn. — Walmart has the largest retail share in the $40 billion personal care market, but CVS Pharmacy and Walgreens are leading the way in driving deals for consumers, according to TABS Analytics. Walmart holds a 19.4% share of personal care purchases, followed by traditional supermarkets (such as Kroger Co. and Publix Super Markets
WOONSOCKET, R.I. — This spring, CVS Pharmacy plans to bring a sampling of the burgeoning Korean beauty care scene to its stores with the launch of K-Beauty HQ at 2,100 locations. CVS said Wednesday that it will offer more than 100 new products from South Korean beauty brands — including some exclusive items — via
NEW YORK — Efforts that mass market retailers started last year to brush up their beauty departments and court new shoppers are starting to register. Mass market beauty care sales rose only 2% in 2016, according to NPD Group Inc. (lower than prestige at 6%), but several categories recorded impressive results. Skin care, for example,
SHELTON, Conn. — Walmart holds the largest share of the personal care market among all retailers, according to TABS Analytics. Meanwhile, CVS Pharmacy and Walgreens have helped make rewards programs consumers’ preferred vehicle for getting deals on personal care items, the 2017 TABS Personal Care Study found. In the $40 billion personal care market, Walmart has
NEW YORK — A new CVS Pharmacy location will set foot in Manhattan’s Herald Square with the opening of a Target small-format store this fall. Target Corp. said Monday that it plans to open a 43,000-square-foot store just west of the 34th Street and Broadway intersection, a site that’s one block from the Penn Station
