CVS Health said it has made a series of executive leadership assignments to support the company’s continued focus on innovation and strategic growth.
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.
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.
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.
Maintaining a high level of health and wellness is an obsession for many consumers and retailers today continue to develop new ways to attract shoppers to their stores while also differentiating from their competition.
At its June 4 Investor Day, CVS Health executives demonstrated how the company plans to accelerate enterprise growth, simplify how consumers can engage the health care system and position the business for long-term growth.
First quarter financial results indicate that its fresh approach to retail and health care, including the company’s Aetna acquisition, is making gains, said Larry Menlo, CVS Health Corp. president and CEO.
Third quarter revenue at CVS Health Corp. was up slightly as front-end comparable store sales also edged up.