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.
Fred’s has completed the previously announced sale of certain assets of EntrustRx, its specialty pharmacy unit, to a subsidiary of CVS Health Corporation.
CVS Health has named the management team that will lead the company when it combines with insurance and health-related services provider Aetna.
Hudson’s Bay has named Stephen Gold as chief technology and digital operations officer, effective immediately.