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CVS Health

Retailers open COVID-19 test sites across the country

NEW YORK — As testing becomes more important in the battle against COVID-19, retailers are stepping up. For instance, CVS Health has opened more than 50 COVID-19 test sites at selected CVS Pharmacy drive-through locations across Arizona, Connecticut, Florida, Massachusetts and Pennsylvania, with additional sites to come. The new sites will utilize self-swab tests and

CVS Health remains committed to testing

CVS Health remains committed to testing

WOONSOCKET, R.I. —  Building on the company’s comprehensive efforts to help slow the spread of the virus, CVS Health said it will open on May 15 more than 50 COVID-19 test sites at select CVS Pharmacy drive-thru locations across Arizona, Connecticut, Florida, Massachusetts and Pennsylvania. The opening of hundreds of additional test sites across the country will be announced over

Strong sales propel CVS’ Q1 earnings

Strong sales propel CVS’ Q1 earnings

WOONSOCKET, R.I. — Strong sales during the early stage of the coronavirus pandemic helped lift CVS Health’s first quarter earnings well above Wall Street’s projection. The company’s adjusted earnings per share of $1.91 easily topped analysts’ prediction of $1.63. The comparison is skewed however, by the inability of forecasters to have projected the extent of

CVS names Kym White SVP, chief communications officer

CVS names Kym White SVP, chief communications officer

WOONSOCKET, R.I. – CVS Health has named Kimberly (Kym) White senior vice president and chief communications officer, with oversight of corporate communications and reputation, media relations, social and digital communications, employee engagement, crisis and issues management, corporate social responsibility communications, and executive visibility. White will report to Tom Moriarty, executive vice president, chief policy and

UPS, CVS to launch residential drone delivery service

UPS, CVS to launch residential drone delivery service

ATLANTA — UPS subsidiary UPS Flight Forward will use drones to deliver prescription medicines from a CVS pharmacy to The Villages, Fla., the largest U.S. retirement community, home to more than 135,000 residents. UPS and CVS Health said Monday the service will use Matternet’s M2 drone system.Drone transport offers a fast delivery option for medicines

CVS opens rapid COVID-19 testing sites

CVS opens rapid COVID-19 testing sites

WOONSOCKET, R.I. — CVS Health is partnering with government officials to announce the opening of rapid COVID-19 drive-through testing sites in Georgia and Rhode Island. The test sites will bolster state efforts to manage the spread of the virus and provide on-the-spot test results. CVS Health will utilize licensed health care providers from MinuteClinic, the

CVS Health giving more than $1 million

CVS Health giving more than $1 million

WOONSOCKET, R.I. — CVS Health announced the company and its foundations are giving more than $1 million in new investments to address food insecurity and other community needs in response to ongoing challenges presented by the COVID-19 pandemic. The CVS Health Foundation will also match up to $1 million in employee contributions to the CVS

CVS acquires Schnucks’ pharmacy business

CVS acquires Schnucks’ pharmacy business

WOONSOCKET, R.I. — CVS Pharmacy and Schnucks have entered into a definitive agreement for CVS Pharmacy and certain of its subsidiaries to acquire Schnuck Markets’ retail and specialty pharmacy businesses. Through this agreement, CVS Pharmacy and its subsidiaries will acquire and operate 99 of the grocer’s pharmacies and will brand them as CVS Pharmacy. Additionally,

CVS Health beats Q4 earnings and revenue expectations

CVS Health beats Q4 earnings and revenue expectations

WOONSOCKET, R.I. — CVS Health reported on Wednesday fourth quarter earnings and revenue that beat Wall Street’s expectations. The results were aided by higher sales in its pharmacy benefit management business. The company also announced some leadership changes, including the departure of CVS Caremark president Derica Rice and his replacement by Dr. Alan Lotvin, who

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