cvs

Retail
CVS Establishes 1,000 COVID-19 Test Sites

Delivering on a commitment the company made in April, CVS Health will open additional COVID-19 test sites at select CVS Pharmacy drive-thru locations to establish a total of 1,000 sites across more than 30 states and Washington, D.C.

Retail
CVS Expanding COVID-19 Test Sites

Building on the company’s efforts to help slow the spread of the coronavirus, on Friday, May 15, CVS Health will open more than 50 COVID-19 test sites at select CVS Pharmacy drive-thru locations across Arizona, Connecticut, Florida, Massachusetts and Pennsylvania. The opening of hundreds of additional test sites across the country will be announced over the next two weeks.

Retail
CVS To Expand COVID-19 Testing Capabilities

CVS Health joined with other pharmacy chains and retailers at the White House yesterday, April 27, to announce the next phase in COVID-19 testing. In addition to the large-scale test sites the company has been operating since March, CVS Health will utilize its expansive community presence to bring testing closer to home while maintaining strict safety standards.

Retail
CVS To Acquire Schnucks Pharmacies

CVS and Schnucks have entered into a definitive agreement for CVS Pharmacy and certain of its subsidiaries to acquire Schnuck Markets Inc.’s retail and specialty pharmacy businesses. 

Retail
CVS Making Changes To Board Of Directors

CVS Health is making changes to its board of directors. Richard Swift, Richard Bracken and Mark Bertolini will not stand for reelection at the company’s 2020 annual meeting. The board will then be reduced from 16 to 13 directors in order to further align with corporate governance best practices, the company said.

Retail
CVS Expanding HealthHub Store Format

CVS is debuting its HealthHub store format in 15 locations across the Houston community. The retailer’s new store format is said to feature a broader range of health care services to help patients better manage chronic conditions; more products and services focused on overall health and wellness; and trusted advice and personalized care.

Retail
CVS Opens Retail Location In Oregon

CVS Pharmacy has celebrated the grand opening of its first-ever standalone store in Oregon with a ribbon cutting ceremony. The new store at 105 NW 13th Ave. in Portland, OR, is the first of three retail locations to open in the greater Portland market in 2019, with one more store opening in 2020.

Financials
Comp Gain Boosts CVS Q2

CVS Health posted second quarter results satisfactory enough to prompt a guidance upgrade even if the division including stores produced somewhat soft results.

Financials
CVS Front End Sales Gain

Sales in the front end, including general merchandise, helped CVS Health Corp. revenues gain in the fourth quarter as adjusted earnings beat analyst expectations.

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