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CVS

  • CVS/pharmacy to acquire 19 Medicine Chest pharmacy locations in Texas

    WOONSOCKET, R.I. and SULPHUR SPRINGS, Texas — CVS/pharmacy and Medicine Chest Pharmacy announced on Friday that CVS will acquire 19 Medicine Chest drug stores in Texas during the last weekend of December.

    Financial terms of the deal were not disclosed.

    CVS/pharmacy will operate nine of the acquired locations and relocate 10 other Medicine Chest pharmacies into nearby existing CVS/pharmacy locations. Medicine Chest will continue to operate its remaining 10 locations.

  • CVS Caremark outlines growth framework at annual Analyst Day meeting

    WOONSOCKET, R.I. — CVS Caremark executives expressed optimism going into 2013 and outlined its strategic growth framework, which leverages the company’s unique integrated model, during its annual Analyst Day held on Thursday in New York City.

  • CVS/pharmacy promotes itself as one-stop-shop holiday destination

    WOONSOCKET, R.I. — CVS/pharmacy is reminding holiday shoppers that it is a one-stop shop for holiday décor and an ideal gift destination for tech gadgets, beauty products and toys.

  • CVS Caremark increases size of tender offer amount

    WOONSOCKET, R.I. — CVS Caremark has upped the size of its previously announced tender offers to refinance a portion of its debt.

    The company stated that it will buy back up to $1.33 billion in notes, up from the previously announced $1 billion.

  • Hawaii business journal reports Walgreens real-estate new-hire

    HAWAII — The Pacific Business News on Friday reported that a prominent real estate executive in the Hawaii region joined Walgreens from CVS Caremark. 

    According to the report, Rock Tang, former regional director for real estate in Hawaii for CVS Caremark has been named senior real estate manager at Walgreens. Tang will be in charge of developing new stores around Hawaii and in Northern California. 

    For the full report, click here. 

  • Reports: CVS Caremark looking to acquire drug chain Onofre in Brazil

    WOONSOCKET, R.I. — CVS Caremark is reportedly looking to expand outside of the United States by acquiring Onofre, the eighth-largest pharmacy chain in Brazil, according to published reports.

    The Valor Economico newspaper reported that CVS Caremark plans to pay $313 million to acquire an 80% stake in Onofre and will also assume the company's debt.

    “We don’t comment on market rumors,” CVS Caremark spokesman Mike DeAngelis told Drug Store News.

  • CVS/pharmacy adds new health, shopping features to CVS mobile suite

    WOONSOCKET, R.I. — CVS/pharmacy has introduced a variety of new features to its mobile suite, which consists of the CVS mobile app and a mobile-optimized website at m.CVS.com.

    The new features range from health resources that make it easier to schedule immunizations and identify pills, to a sleeker look and feel for the CVS Mobile app that makes mobile shopping a snap.

  • CVS/pharmacy offering new card designs, customized smartphone cases for holiday season

    WOONSOCKET, R.I. — CVS/pharmacy is ready for the holiday season with an array of new offerings for holiday shoppers, including 1,000 greeting card designs and new personalized smartphone and tablet cases.

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