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CVS pharmacy Inc. CVS Pharmacy, Inc. is an American retail corporation. A subsidiary of CVS Health, it is headquartered in Woonsocket, Rhode Island. [6] Originally named the Consumer Value Stores, it was founded in Lowell, Massachusetts in 1963. [7]
CVS Health Corporation is an American healthcare company that owns CVS Pharmacy, a retail pharmacy chain; CVS Caremark, a pharmacy benefits manager; and Aetna, a health insurance provider, among many other brands. The company is the world's second largest healthcare company, behind UnitedHealth Group.
Logo until 2016. In March 2007, Caremark merged with CVS Corporation to create CVS Caremark.. In August 2008, CVS Caremark purchased Longs Drugs Stores for $2.7 billion.. In 2009, CVS Caremark agreed to pay $2.25 million to settle alleged unfair trade practices and alleged violations of the privacy protections under the Health Insurance Portability and Accountability Act of 1996.
CVS' adjusted profit dropped to $1.83 per share in the quarter ended June 30, from $2.21 last year, but was still ahead of LSEG estimates by 10 cents. The estimates have come down sharply in the ...
CVS, the largest US chain, closed 244 stores between 2018 and 2020. In 2021, it announced plans to close 900 stores. And Rite Aid filed for bankruptcy last year and will close up to 500 stores.
A baby formula product shipped to H-E-B and CVS stores in 12 states has been recalled due to excessive levels of vitamin D, which can cause health complications for vulnerable infants.