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DeVaney Named President of CVS Caremark Operations

DeVaney Named President of CVS Caremark Operations

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...
Pharmacy & Consumer Wellness Lead Way for CVS in Q4

Pharmacy & Consumer Wellness Lead Way for CVS in Q4

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...
CVS Launches New App To Strengthen Relationship with Customers

CVS Launches New App To Strengthen Relationship with Customers

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...
Amazon, Costco, UPS Top 2024’s Corporate Reputation Rankings

Amazon, Costco, UPS Top 2024’s Corporate Reputation Rankings

by Mike Duff | Jan 23, 2025 | Retail Articles

Amazon, Costco and UPS have the best corporate reputation among the biggest listed companies in the United States in 2024, just ahead of well-respected brands such as FedEx and Lowe’s, according to Caliber, a stakeholder intelligence company. Retailers dominated the...
2024 in Retail: Navigating Twists, Turns, Transformation

2024 in Retail: Navigating Twists, Turns, Transformation

by Chandler Harvey | Dec 20, 2024 | Retail Articles

Retail took some surprising twists in 2024, as the view forward from 2023 didn’t reveal how the way forward would have so many twists and turns. Of course, some developments fell into old patterns and some weaker retailers fell by the wayside. Meanwhile, an...
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