by Mike Duff | Jun 20, 2022 | Retail Articles
CVS Health has announced that Violetta Ostafin will join the company as executive vp and chief strategy officer as it looks to spur growth. Ostafin will lead strategy development across CVS core businesses as well as identify new market opportunities and product...
by Mike Duff | Feb 9, 2022 | Retail Articles
For the fourth quarter, CVS Health posted company income from continuing operations of 1.3 billion, or 98 cents per diluted share, versus $984 million, or 75 cents per diluted share, in the period a year earlier. Adjusted for one-time events, diluted earnings per...
by Mike Duff | Nov 30, 2021 | Featured News, Retail Articles
Leaders from several major retailers met with President Joseph Biden as part of a roundtable where they discussed steps taken to overcome supply chain bottlenecks and to meet consumer demand during the holiday season. Retail executives attending were Doug McMillon,...
by Mike Duff | Nov 19, 2021 | Featured News, Retail Articles
In what it termed a move to accelerate its health strategy, CVS Health announced that it would develop new retail concepts, close 900 stores and replace Neela Montgomery, evp and president of CVS Retail/Pharmacy. Prem Shah will take the newly created role of chief...
by Mike Duff | Nov 3, 2021 | Retail Articles
CVS Health had a robust third quarter with gains overall and in its retail division, where front store comparable sales, including general merchandise, gained 12.3% year over year. Company net income was $1.6 billion, or $1.20 per diluted share, versus $1.22 billion,...
