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TargetExpress

CVS to gain more clout by acquiring Target Rx business

CVS to gain more clout by acquiring Target Rx business

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

Target CEO: CVS deal represents ‘significant shift’

Target CEO: CVS deal represents ‘significant shift’

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

CVS Health to buy Target’s pharmacy business

CVS Health to buy Target’s pharmacy business

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

Target goes small in 2015 store opening plans

MINNEAPOLIS — Target Corp. plans to open 15 new stores in 2015, more than half of them small-format stores. The discount store chain said Monday that it aims to add eight TargetExpress locations, one CityTarget and six general merchandise stores. The new TargetExpress 
stores include the previously announced three openings in San Francisco and one