July 8, 2022 by Chain Drug Review
CVS, Tilak Mandadi
Featured Articles, Leading Headlines, Retail News, Technology
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
July 7, 2022 by Chain Drug Review
CVS, CVS Pharmacy is hosting its 14-day annual app-exclusive ExtraCare Extra Thanks Event in July
Leading Headlines, Retail News
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
July 7, 2022 by Chain Drug Review
CVS, CVS Pharmacy is piloting a new Skin Care Center format, launching in three CVS locations
Featured Articles, Leading Headlines, Retail News
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.
July 5, 2022 by Chain Drug Review
CVS, CVS Health, NACDS
Featured Articles, Leading Headlines, Pharmacy, Retail News
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
June 29, 2022 by Bill Schiffner
Bill Schiffner, CVS, Megan Boyd, Musab Balbale, Walgreens
Business, Leading Headlines, Retail News
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
June 29, 2022 by Chain Drug Review
contraceptive pills, CVS
Leading Headlines, Retail News
WOONSOCKET, R.I. — CVS announced on Tuesday that it is removing the purchase limit it had put on emergency contraceptive pills following last week’s Supreme Court ruling. The reversal comes as sales have dipped back to normal levels and will be made both in stores and online over the next 24 hours, CVS said. The
June 27, 2022 by Chain Drug Review
CVS, Rite Aid
Leading Headlines, Retail News
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
June 22, 2022 by Chain Drug Review
CVS, U.S. News & World Report
Leading Headlines, Pharmacy, Retail News
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
June 15, 2022 by Chain Drug Review
CVS, Flum, Ostafin
Featured Articles, Leading Headlines, Retail News
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
June 13, 2022 by Jeffrey Woldt
CVS, Michelle Peluso
June 13, 2022, Opinion
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
May 17, 2022 by Chain Drug Review
Aetna, CVS
Leading Headlines, Pharmacy
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
May 10, 2022 by Chain Drug Review
CVS, Walgreens
Leading Headlines, Retail News
NEW YORK — According to various published reports, CVS Health, Walgreens Boots Alliance, and Target announced this week that they have capped the purchases of baby formula as the nationwide shortage of products worsens. The out-of-stock percentage for baby formula went over 50% across six states for the week ending April 24, Bloomberg reported on
May 4, 2022 by Chain Drug Review
CVS, first quarter, Lynch
Featured Articles, Leading Headlines, Retail News
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
April 21, 2022 by Chain Drug Review
CVS, World Wildlife Fund (WWF)
Leading Headlines, Retail News
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