by Mike Duff | Oct 18, 2024 | Retail Articles
CVS Health, in an announcement accompanied by preliminary third-quarter financials, reported it appointed David Joyner president and CEO, replacing Karen Lynch, who stepped down from her position in agreement with the company’s board of directors. Joyner also...
by Mike Duff | Aug 16, 2024 | Retail Articles
This summer has brought a wave of retail leadership moves, including at Pier1.com operator Omni Retail Enterprises and Walgreens Boots Alliance, which is reconfiguring the company around store operations after narrowing its healthcare focus. ODP Corp., Target, CVS...
by Mike Duff | Aug 8, 2024 | Retail Articles
CVS Health beat an analyst consensus estimate on second-quarter earnings, but fell short on revenue as front-store sales slipped. CVS’ net income was $1.77 billion, or $1.41 per diluted share, versus $1.9 billion, or $1.48 per diluted share, in the year-earlier...
by Mike Duff | May 2, 2024 | Retail Articles
The first quarter did not live up to expectations at CVS Health, with earnings well short of Wall Street estimates and front-end comparable sales down. Company net income was $1.11 billion, or 88 cents per diluted share, versus $2.14 billion, or $1.65 per diluted...
by Mike Duff | Feb 23, 2024 | Retail Articles
Warehouse clubs dominated the American Customer Satisfaction Index among general merchandise retailers, but Macy’s and Target were also among the leaders. Costco and Macy’s led all others with a satisfaction score of 82 with Target and Sam’s Club just behind at...
