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CVS goes small in latest retrenchment move

Retail pharmacies are embracing the idea that less is more as they grapple with online competitors, lagging reimbursement, sluggish consumer demand and employee burnout. Driving the news: CVS Health this week confirmed it's rolling out roughly a dozen downsized stores,

USA Today · 1d

CVS to open smaller pharmacy stores

This year, the pharmacy chain will open around 12 locations, each about half the size of its traditional stores.

AL.com on MSN · 1d

CVS is making a big change in some of its new stores

CVS is planning a new approach to expansion— downsizing. CNN reports the drugstore chain is opening around a dozen new stores this year. But the new shops won’t have the traditional CVS format stocked with toiletries,

FOX 10 Phoenix · 1d

CVS opens smaller format stores; still plans to close 270 locations

CVS is opening new stores around the nation, but they will be significantly smaller and focus only on pharmacy services. The move comes as the industry undergoes a major shift.

Benefits Pro23d

CVS Health appoints CVS Caremark president

CVS pharmacy and Walgreens store signs. Photos: Diego M. Radzinschi/ALM Ed DeVaney, a longtime CVS Health® official, is the new president of the Woonsocket, R.I.-based company’s CVS Caremark ...

Healthcare Dive23d

CVS taps Ed DeVaney to head Caremark

DeVaney will lead CVS’ pharmacy benefit manager after roughly two months in the interim role, the healthcare giant said in a Monday press release. Before serving as interim president at ...

Modern Healthcare22d

FTC's insulin case against UnitedHealth, CVS, Cigna PBMs advances

U.S. District Judge Matthew Schelp denied a request by CVS Health’s CVS Caremark, Cigna’s Express Scripts and UnitedHealth Group’s OptumRx for a preliminary injunction in the FTC’s in ...

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