by Mike Duff | Nov 19, 2021 | Featured News, Retail Articles
In what it termed a move to accelerate its health strategy, CVS Health announced that it would develop new retail concepts, close 900 stores and replace Neela Montgomery, evp and president of CVS Retail/Pharmacy. Prem Shah will take the newly created role of chief...
by Mike Duff | Nov 3, 2021 | Retail Articles
CVS Health had a robust third quarter with gains overall and in its retail division, where front store comparable sales, including general merchandise, gained 12.3% year over year. Company net income was $1.6 billion, or $1.20 per diluted share, versus $1.22 billion,...
by Mike Duff | Sep 10, 2021 | Retail Articles
Target-owned Shipt has announced what it characterized as its largest nationwide expansion in three years, adding same-day delivery services to more store locations and reaching millions of potential new customers. Shoppers across the United States will be able to use...
by Mike Duff | Aug 4, 2021 | Retail Articles
In the fiscal second quarter, CVS posted a solid financial performance company wide and in the division that includes its store operations when compared with the year-previous period stricken by the COVID-19 pandemic. Net earnings were $2.78 billion, or $2.10 per...
by Peter Giannetti | Jun 18, 2021 | Retail Articles
With retailers as diverse as Walmart and Restoration Hardware launching and revisiting existing loyalty and membership programs, CVS became the latest to announce an upgrade that will have multiple effects. As the COVID-19 crisis winds down, major retailers are...
