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CVS Health

Fred’s appoints senior VPs of merchandising, supply chain

Fred’s appoints senior VPs of merchandising, supply chain

MEMPHIS, Tenn. — Fred’s Inc. has appointed senior vice presidents for general merchandise and consumables merchandising, including the hiring of a former CVS Health executive, and named a senior vice president to oversee its supply chain. The discount and pharmacy retailer said late Monday that Gregory Froton has joined the company as senior VP of

CVS is helping shape health care’s future

CVS is helping shape health care’s future

CVS Health has once again exhibited the willingness to leverage its scale and diverse capabilities to support the well-being of patients. The company moved earlier this month to make a potentially lifesaving treatment for severe allergic reactions available to consumers at an affordable price. The operator of more than 9,600 retail pharmacies is offering a

CVS aims to be ‘partner of choice’ in health care

NEW YORK — CVS Health’s delivery of value to health care stakeholders makes it a “partner of choice,” president and chief executive officer Larry Merlo said at the company’s Analyst Day. Notwithstanding all the changes occurring in health care, success will be determined by the ability to make care more affordable, accessible and effective, he

Merlo: Integrated care sets CVS Health apart

Merlo: Integrated care sets CVS Health apart

NEW YORK — CVS Health’s integrated pharmacy care model makes it a “partner of choice” in the health care arena, president and chief executive officer Larry Merlo said at the company’s annual Analyst Day event in Manhattan. Merlo and senior CVS Health executives gathered in New York on Thursday to give the investment community an

CVS Health sales, earnings up for third quarter

CVS Health sales, earnings up for third quarter

WOONSOCKET, R.I. — CVS Health posted sales gains in both of its business units and adjusted earnings per share above Wall Street’s forecast for the third quarter. However, CVS said Tuesday that it lowered its outlook for full-year 2016 and, in preliminary guidance for fiscal 2017, expects to lose over 40 million retail prescriptions due

CVS Health to cut 600 corporate jobs

CVS Health to cut 600 corporate jobs

WOONSOCKET, R.I. — CVS Health plans to terminate about 600 corporate jobs over the next couple of months. The job cuts will be made primarily at CVS corporate offices in Rhode Island, Illinois and Arizona, the company said. In a statement, CVS Health indicated that the job reductions reflect fluctuations in the health care business

Mobile pay app unveiled by CVS

WOONSOCKET, R.I. — CVS Health recently announced the launch of CVS Pay, a mobile payment app that is designed to expedite the checkout process at the pharmacy counter and the front of the store. The company said the tool integrates payment, prescription pickup and ExtraCare loyalty card functions in one scan at the checkout. CVS

CVS unveils its own mobile payment solution

CVS unveils its own mobile payment solution

WOONSOCKET, R.I. — CVS Health is piloting its own mobile payment tool called CVS Pay, designed to expedite the checkout process. CVS said Thursday that CVS Pay, part of the CVS Pharmacy mobile app, is an end-to-end solution that integrates payment, prescription pickup and the ExtraCare loyalty program all in one scan. So far, CVS

MinuteClinics open in Dallas-Ft. Worth Target stores

MinuteClinics open in Dallas-Ft. Worth Target stores

WOONSOCKET, R.I. — CVS MinuteClinic has opened eight new locations inside Target stores in the Dallas-Fort Worth metropolitan area. Parent company CVS Health said Tuesday that the new MinuteClinics are located in Allen, Denton, Flower Mound, Frisco (in two Target stores), Hurst, Plano and Watauga, Texas. Overall, MinuteClinic now has 50 walk-in medical clinics in

CVS rolls out pickup service

WOONSOCKET, R.I. — CVS Health has launched CVS Express, a curbside and in-store pickup service for nonprescription products. The service, which is accessed from the CVS Pharmacy app, is one of results of the CVS Digital Innovation Lab and was developed in partnership with Palo Alto, Calif.-based Curbside, which makes its own store pickup app.

CVS Pharmacy unveils CVS Health store brand

CVS Pharmacy unveils CVS Health store brand

NEW YORK — CVS Pharmacy has begun rolling out a CVS Health-labeled line of over-the-counter health products that will replace its current OTC store brand. The drug chain said Wednesday that the more than 2,500 health and wellness products hitting stores nationwide span 19 categories, including allergy, cough/cold/flu remedies, digestive health, first aid, vitamins, diet

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