by Mike Duff | May 20, 2025 | Retail Articles
CVS Pharmacy has agreed to acquire and operate 64 Rite Aid stores in Idaho, Oregon and Washington. As Rite Aid’s Chapter 11 bankruptcy proceedings continue, the CVS Health division said it also had acquired the prescription files of 625 Rite Aid pharmacies across 15...
by Mike Duff | Mar 20, 2025 | Retail Articles
Market researcher Numerator reported consumer confidence held steady by the company’s measure in February, with 36% of consumers saying they’re putting spare cash in savings and 33% saying they’re paying down debt. However, 11% of consumers said they...
by Mike Duff | Feb 17, 2025 | Retail Articles
CVS Health named Ed DeVaney president of the company’s CVS Caremark pharmacy benefit management business. DeVaney became interim president in December 2024. He will report to Prem Shah, group president, CVS Health, the company pointed out. Over the past several...
by Mike Duff | Feb 12, 2025 | Retail Articles
Year-over-year earnings were down and revenues were up for CVS Health in its fourth quarter, but both results beat Wall Street estimates. Company net income was $1.64 billion, or $1.30 per diluted share, versus $2.05 billion, or $1.58 per diluted share in the...
by Mike Duff | Jan 28, 2025 | Retail Articles
As it charts growth in its consumer business and modifies its healthcare position, CVS Health has developed a new version of the company’s app that provides consumers with more comprehensive wellness support. In effect, the app bridges the two sides of the CVS...
