HENDERSON, Nev. — Rx Safes Inc. has landed distribution for its Rx DrugSAFE secure home medication safe at CVS/pharmacy. Plans call for Rx DrugSAFE to become available initially at select CVS drug stores in New York and Nevada, with a larger rollout slated later on, Rx Safes said Tuesday. CVS previously sold the product only
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
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
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
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
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
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
Longtime retail consultant/analyst Walter Loeb likes what he sees from CVS Health. In a Forbes article on Friday, Loeb described CVS as a compelling health and wellness destination, especially in the wake of its acquisition of Target Corp.’s pharmacy and retail clinic business, which he called a “bold move.” “I expect CVS stores to be
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
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
WOONSOCKET, R.I. — MinuteClinic has opened its first retail health clinics in Springfield, Mo., with more locations to come. The CVS Health subsidiary said Tuesday that two clinics have opened inside CVS/pharmacy stores on the edge of the Missouri State University campus on Elm Street and in Southern Hills. Missouri State Sen. Jay Wasson and
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
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
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
