September 01, 2014 10:50 PM ET

Food and Staples Retailing

Company Overview of CVS Pharmacy, Inc.

Company Overview

CVS Pharmacy, Inc., a retail pharmacy, operates a chain of CVS/pharmacy and Longs Drug stores in the United States. Its stores provide new/refill prescriptions; and information on drugs and health. The company offers vitamins, as well as products in the areas of baby and child beauty, diet and nutrition, health and medicine, home health care, household, personal care, sexual health, and skin care. It serves customers through its retail and online stores. CVS Pharmacy, Inc. was formerly known as CVS, Inc. and changed its name to CVS Pharmacy, Inc. in February 1997. The company was incorporated in 1969 and is based in Woonsocket, Rhode Island. CVS Pharmacy, Inc. operates as a subsidiary of CVS...

One CVS Drive

Woonsocket, RI 02895

United States

Founded in 1969

Phone:

401-765-1500

Fax:

401-652-1593

Key Executives for CVS Pharmacy, Inc.

President and Executive Vice President of CVS Caremark
Age: 50
Chief Executive Officer of CVS Caremark and President of CVS Caremark
Age: 58
Chief Legal Officer and Executive Vice President of Strategy
Age: 54
Executive Vice President of Internal Operations
Chief Information Officer
Age: 53
Compensation as of Fiscal Year 2014.

CVS Pharmacy, Inc. Key Developments

CVS/Pharmacy Plans to Open a New Store in the Lower 9th Ward Next Year

CVS/pharmacy announced that it plans to open a new store in the Lower 9th Ward next year. It marks the first major retailer to commit to a project in the neighborhood since Hurricane Katrina. CVS/pharmacy is proposing to open a 13,225 square foot retail pharmacy at 5000-5030 North Claiborne Avenue, at the corner of North Claiborne and Forstall Street. The block currently includes an abandoned, former service station and residential property. It will bring 20 new full and part-time jobs. This new CVS/pharmacy will be a symbol of renewal and reinvestment in the historic Lower Ninth Ward.

CVS/pharmacy Opens its First Pharmacy in Washington State

CVS/pharmacy launched its entrance into the Seattle market with the grand opening of a new location in the city of Renton, the first CVS/pharmacy in the state of Washington. As CVS/pharmacy begins to open stores in the Seattle market, customers will be introduced to its unique clinical offerings and medication adherence programs that are designed to improve health outcomes and reduce overall health care costs, innovative online and mobile tools to help patients manage their prescriptions whenever and wherever they want, exclusive private label products that come with a 100% money back guarantee, and the CVS/pharmacy ExtraCare Program, the rewards program that provides customers money back, special savings and offers that are earned by shopping in-store or online.

CVS/pharmacy Introduces Pro-Designed Makeup Academy Collection

CVS/pharmacy announced the introduction of the exclusive beauty collection, Makeup Academy. Developed for CVS/pharmacy by makeup professionals and beauty experts, the comprehensive line includes more than 145 products within three categories - lip products, false eyelashes and makeup brushes - delivering makeup artist must-haves in fashion-forward colors, luxurious textures and pro-performance designs. Developed under the same Makeup Academy brand name as the popular UK line, this new collection was designed specifically and exclusively for CVS/pharmacy with a unique product portfolio, distinctive and high-quality formulations, in-demand shades, and refined packaging. With lip products as the number one impulse purchase by CVS/pharmacy shoppers, Makeup Academy's wide range of unique lip formulations caters to the varied needs and makeup choices of women everywhere. Within the more than 100 lip products, the Color Infused Balm ($9.00) delivers hydration and sheer pigment, the Lip Color Crayon ($8.00) offers convenient no-mess color application and the Liquid Lipstick ($10.00) provides rich, saturated color and a velvet matte finish. The introduction of Makeup Academy's premium brush collection makes it easier than ever to create flawless makeup looks, conveniently and affordably. Innovative design engineering has resulted in exceptional quality brushes for specialized use, including the Pro BB/CC Cream Brush ($19.00) for expert blending, blurring and diffusing, as well as the Pro 5 Piece Travel Set ($21.00), featuring a mix of natural and synthetic fibers and short handles for definition and control on-the-go. The Natural Ultra Fine Lashes ($5.00) provide a subtle flutter look, the Glamour Volume Boosting Lashes ($5.00) offer mega volume from fanned-out fibers and the Individual Lash Starter Kit ($10.00) lets the makeup aficionado create an individual look by combining short and long lashes.

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