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CVS Health

CVS Health, Cigna take new approach to care

CVS Health, Cigna take new approach to care

WOONSOCKET, R.I. — CVS Health and Cigna say they’re ushering in a new health care and drug coverage model with the launch of Cigna Health Works, which joins Cigna-administered health benefits with CVS Pharmacy and MinuteClinic retail pharmacy and health services. CVS and Cigna said Thursday that Cigna Health Works is designed to help patients

Marsh Supermarkets sells Rx files to CVS

Marsh Supermarkets sells Rx files to CVS

WOONSOCKET, R.I. — CVS Health has bought the prescription files of Marsh Supermarkets’ 37 pharmacies in Indiana. CVS said the Marsh pharmacy files will be transferred to nearby CVS Pharmacy locations between May 3 and 5. Financial terms of the transaction weren’t disclosed. “CVS and Marsh will work together to ensure that pharmacy patients experience

CVS Health tops Wall Street’s 1Q forecast

CVS Health tops Wall Street’s 1Q forecast

WOONSOCKET, R.I. — Despite declines in its retail pharmacy business, CVS Health saw sales rise and beat Wall Street’s earnings projections for its fiscal 2017 first quarter. CVS said Tuesday that for the quarter ended March 31, revenue totaled $44.51 billion, up 3% from $43.22 billion a year earlier. Sales in the company’s Retail/LTC Segment,

CVS Pharmacy moves ahead with front-end strategy

CVS Pharmacy moves ahead with front-end strategy

WOONSOCKET, R.I. — CVS Pharmacy has unveiled the next phase of its front-end strategy, including new store designs, more better-for-you food and health-focused products, expanded beauty offerings and informational signage storewide. CVS said more than 800 stores nationwide have been remodeled with the new front-end design and assortment, and over 3,400 locations now have expanded

CVS adds funds to tobacco-free campaign

CVS adds funds to tobacco-free campaign

WOONSOCKET, R.I. — CVS Health has earmarked $10 million in new and expanded partnerships and programs for the second year of “Be The First,” its five-year, $50 million initiative to help deliver the nation’s first tobacco-free generation. CVS said Monday that the partnerships and programs — funded through CVS Health and the CVS Health Foundation

CVS Health promotes Jon Roberts to COO

CVS Health promotes Jon Roberts to COO

WOONSOCKET, R.I. — Veteran CVS Health executive Jon Roberts has been named the company’s executive vice president and chief operating officer, a new position. CVS said Thursday that Roberts, who was president of the CVS Caremark pharmacy benefits management unit, will continue to report to CVS Health president and chief executive officer Larry Merlo. As

Target Q4 sales, earnings fall more than expected

Target Q4 sales, earnings fall more than expected

MINNEAPOLIS — Target Corp. on Tuesday reported a profit of $817 million, or $1.45 a share, in its fourth quarter, down from $1.43 billion, or $2.32 a share, a year earlier, when the retailer sold its pharmacy business to CVS Health. Same-store sales declined 1.5% in the fourth quarter. For 2017, the company forecasts per-share

CVS cuts trans fats from store-brand foods

CVS cuts trans fats from store-brand foods

WOONSOCKET, R.I. — Artificial trans fats are now gone from a range of store-brand food products at CVS Pharmacy. CVS said Wednesday that it’s the first national retail drug chain to remove partially hydrogenated oils (PHOs) — the chief source of artificial trans fats in processed foods — from all of its exclusive store-brand food

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

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