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Tilak Mandadi named to senior technology role at CVS

Tilak Mandadi named to senior technology role at CVS

WOONSOCKET, R.I. — CVS Health has appointed Tilak Mandadi as executive vice president and to the newly created role of chief data, digital and technology officer, effective July 25. Mandadi will be responsible for the company’s data, digital and technology strategy while overseeing growth and innovation through digital-led, consumer-focused experiences and services. “Technology is a

CVS launches 14-day app event for loyalty members

CVS launches 14-day app event for loyalty members

WOONSOCKET, R.I. — CVS Pharmacy is hosting its 14-day annual app-exclusive ExtraCare Extra Thanks Event in July to say thank you its nearly 75 million loyal members of CVS’ longstanding and hugely popular ExtraCare Rewards program the way they want: digitally. The program starts on July 10 and run through through July 23. ExtraCare members

CVS launches new elevated skin care beauty format

CVS launches new elevated skin care beauty format

WOONSOCKET, R.I. — CVS Pharmacy is piloting a new Skin Care Center format, launching in three CVS locations, featuring a wholly owned “shop-in-shop” beauty experience to bring enhanced access to skin health innovations. The Skin Care Center format is now in select CVS Pharmacy locations in New York, N.Y. Woodland Hills and Walnut Creek, Calif.

CVS Health leaves NACDS

CVS Health leaves NACDS

WOONSOCKET, R.I. — CVS Health has pulled out of the National Association of Chain Drug Stores, depriving the retail pharmacy trade group of the country’s largest drug chain by number of stores. CVS also owns the nation’s biggest pharmacy benefits manager. CVS’ nearly 10,000 stores made up almost a quarter of the pharmacies NACDS represents. “Every

Pandemic still causing shifts in buying habits

Pandemic still causing shifts in buying habits

NEW YORK — Consumer buying habits have certainly changed during the pandemic in a number of areas, including healthy homes and habits, smart spending, and mental health and well-being. The COVID-19 pandemic affected nearly every phase of American life, and shopping is no exception. It has brought changes in what we buy, how we buy

CVS, Rite Aid limiting “morning-after” pill purchases to avoid shortage

CVS, Rite Aid limiting “morning-after” pill purchases to avoid shortage

NEW YORK —  According to various reports, CVS and Rite Aid announced Monday that they are limiting the number of emergency contraceptive pills customers may purchase after the Supreme Court overturned the constitutional right to an abortion. CVS said that it is temporarily limiting purchases of so-called morning-after pills to three boxes per transaction to

U.S. News and CVS report 2022 Healthiest Communities rankings

U.S. News and CVS report 2022 Healthiest Communities rankings

WASHINGTON — U.S. News & World Report, in collaboration with CVS Health, released Wednesday the fifth annual edition of the Healthiest Communities rankings. Amid the growing threat of climate change, the 2022 edition incorporates new data on environmental health, and is accompanied by an analysis showing which types of natural disasters pose the greatest threats to

Ostafin named chief strategy officer at CVS

Ostafin named chief strategy officer at CVS

WOONSOCKET, R.I. — CVS Health has named Violetta Ostafin executive vice president and chief strategy officer, effective July 11. She will succeed Josh Flum, who is leaving the company at the end of June. Ostafin will lead strategy development across core businesses and identify new market opportunities and product innovations that accelerate growth and further

Peluso speeds CVS’ digital transformation

Peluso speeds CVS’ digital transformation

A recent study by McKinsey & Co. examines the imperative for technological transformation in retailing. Citing a range of factors that are currently reshaping the industry, the report asserts that a strong foundation in digital technology is essential for driving growth and facilitating the emergence of new business models. Michelle Peluso, who joined CVS Health

Aetna donates from the heart

Aetna donates from the heart

SACRAMENTO, Calif. — Aetna recently acknowledged the local contributions of Sacramento Covered and Sacramento Self-Help Housing by presenting each with Aetna Better Health of California’s Community Heart Award and a $25,000 donation. Aetna Better Health of California’s Community Heart Award honors organizations and unsung heroes for their extraordinary work, service and contributions to positively affect

CVS’ first quarter results beat projections

CVS’ first quarter results beat projections

WOONSOCKET, R.I. _ CVS Health reported strong first quarter results, topping analysts’ forecasts for revenue and earnings. Total revenue for the period ended March 31 climbed 11.2% from the year-ago quarter to $76.8 billion, driven by growth across all segments. Wall Street had estimated revenue of $75.3 billion. Adjusted earnings per share rose 8.8% to

CVS expands sustainable efforts to reduce plastic waste

CVS expands sustainable efforts to reduce plastic waste

WOONSOCKET, R.I. — CVS Health announced Thursday a collaboration with World Wildlife Fund and the organization’s activation hub, ReSource: Plastic, that will focus on reducing plastic waste and increasing the sustainability of materials within its packaging portfolio. CVS Health joins a consortium of leading companies and organizations addressing the planet’s plastic waste crisis as the Principal

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