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
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
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
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
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
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.
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
WOONSOCKET, R.I. — CVS Health reported strong sales gains and topped Wall Street’s consensus earnings forecast for the 2016 first quarter. CVS said Tuesday that for the three months ended March 31, overall revenue climbed 18.9% to $43.2 billion from $36.3 billion a year earlier. Sales in the Retail/LTC Segment, which includes CVS Pharmacy drug
WOONSOCKET, R.I. — MinuteClinic’s locations in the Chicago area now include Target stores. CVS Health said Monday that MinuteClinics have opened inside 13 Target stores in Cook, DuPage, Kane and Lake counties in Illinois. Chicago represents MinuteClinic’s largest metropolitan market in the United States. The new retail health clinics give MinuteClinic 56 locations overall in
WOONSOCKET, R.I. — CVS Health has launched CVS Express, a curbside and in-store pickup service for nonprescription items that’s accessed via the CVS Pharmacy app. CVS said Tuesday that the service is one of fruits of the CVS Digital Innovation Lab and was developed in partnership with Palo Alto, Calif.-based Curbside, the maker of the
LOS ANGELES — CVS Health has launched its CVS Pharmacy y más Hispanic store format in Los Angeles, the second major market to have the concept. Plans call for nine CVS Pharmacy y más stores in the greater Los Angeles area, CVS said Thursday. Through August, the CVS pharmacy y más stores will open in South
NEW YORK — Having made a number of dramatic moves in the past year, from winding down its operations in Canada to selling its pharmacy business to CVS Health, Target Corp. is now focused on the elements needed to support ongoing growth. “Our future depends on getting the fundamentals right,” Target chairman and chief executive