What was CVS before it became CVS?
CVS Pharmacy
| Formerly | Consumer Value Stores (1963–1969) |
|---|---|
| Industry | Retail |
| Founded | May 8, 1963 Lowell, Massachusetts, U.S. |
| Founders | Stanley Goldstein Sidney Goldstein Ralph Hoagland Dipak Dave |
| Headquarters | 1 CVS Drive, Woonsocket, Rhode Island , U.S. |
What company owns CVS pharmacy?
CVS Health
CVS Pharmacy/Parent organizations
Where did CVS Pharmacy originate?
Lowell, MA
CVS Pharmacy/Place founded
When was CVS pharmacy founded?
May 8, 1963, Lowell, MA
CVS Pharmacy/Founded
When did CVS open its first pharmacy?
In 1967 CVS began operation of its first stores with pharmacy departments, opening locations in Warwick and Cumberland, Rhode Island. CVS was acquired by the now-defunct Melville Corporation in 1969, boosting its growth.
Is CVS and CVS Pharmacy the same company?
CVS Pharmacy (sometimes stylized as CVS/pharmacy) is a subsidiary of the American retail and health care company CVS Health, headquartered in Woonsocket, Rhode Island. It was also known as, and originally named, the Consumer Value Store and was founded in Lowell, Massachusetts, in 1963.
When did CVS split from Melville pharmacy?
Following a period of growth in the 1980s and 1990s, CVS Corporation spun off from Melville in 1996, becoming a standalone company trading on the New York Stock Exchange as CVS. It later completed a merger with the pharmacy benefit management company Caremark Rx in 2007, and was renamed CVS Caremark Corporation.
Who was the first chairman of CVS?
Stanley Goldstein is the company’s first chairman. Caremark enters the multiple sclerosis marketplace. 1997 — CVS completes its acquisition of more than 2,500 stores from Revco, the largest acquisition in the history of the U.S. retail pharmacy industry.