Question

In: Operations Management

Make a one-page fact sheet with the information from Consumer Value Store. write a fact sheet...

Make a one-page fact sheet with the information from Consumer Value Store.

write a fact sheet on CVS health.

its for public relations class.

Thank You.

Solutions

Expert Solution

  • Consumer Value Store was founded in 1963 by Stanley Goldstein, Sidney Goldstein and Ralph Hoagland
  • The company joined the Melville Group
  • In 1996 CVS spun off from the Melville Group and was listed on New York Stock Exchange as CVS
  • Merged with Caremark Rx in 2007 and was re-named as CVS Caremark Corp.
  • In 2014, company was renamed CVS Health
  • CVS Health includes:
    • CVS Pharmacy
    • CVS Caremark
    • CVS Specialty
    • Minute Clinic
    • Long Drugs
    • Navarro Discount Pharmacies
    • Accordant
    • Coram
    • Omnicare
  • In 2019, had the revenue of USD 194.6 Billion
  • In 2018, CVS acquired Aetna for $69 billion
  • In 2019, Net Income of CVS was around USD 6.6 Billion
  • CVS has a workforce of around 290,000 employees
  • There were 9941 CVS stores in 2019
  • CVS had established a trust called CVS Caremark Charitable Trust that provides healthcare funding, education and community involvement initiatives
  • CVS Samaritan Vans travel more than 600,000 miles each year to assist people involved in roadways incidents

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