CVS

WSJ: Rite Aid Prepping for Bankruptcy That Could Limit Opioid Lawsuits’ Impact

Rite Aid is reportedly preparing for a Chapter 11 bankruptcy filing that could take place within weeks, according to the Wall Street…

WSJ: CVS Eliminates 5,000 Corporate Jobs in Cost-Cutting Effort

As part of a restructuring effort initiated in Q2 2023, CVS Health will cut 5,000 jobs as the company focuses more on…

Grove Debuts its Eco-Friendly Products at Walmart, Expands Amazon Assortment

In a move that will put its products in more than 5,000 brick-and-mortar stores, later this month Grove will launch its flagship…

Albertsons Launches Health and Wellness Platform Across 16 Banners

Albertsons has introduced the Sincerely Health platform, built in collaboration with healthcare providers, insurance and technology companies and using insights gathered from…

CVS Deepens Primary Care Commitment with $10.6 Billion Oak Street Health Acquisition

CVS Health will acquire primary care provider Oak Street Health in an all-cash transaction at $39 per share, representing an enterprise value…

CVS Health Adds Consumer-Focused Chief Product Officer Role

CVS Health has named Amy Bricker to the newly created role of EVP and Chief Product Officer – Consumer, and hired David…

NRF Big Show to Spotlight Innovative Consumer Products and Workforce Solutions

Everyone in the retail industry knows January means two things: lots of holiday returns and the venerable NRF Big Show, running Jan….

Walgreens, CVS Plan to Offer Abortion Pill Following FDA Rule Change

[Editor’s Note: This story was updated on Jan. 9 to include a statement from CVS.] America’s two largest drug store chains —…

Walmart’s $3.1 Billion Opioid Settlement now Covers all 50 States

The settlement process for the various lawsuits brought by states, local governments and tribes over retailers’ alleged mishandling of opioid prescriptions is…

CVS Pilots New Skin Care Concept at 3 Locations

CVS has unveiled a new shop-in-shop concept called Skin Care Center featuring solutions for skin health in three U.S. locations — New…

CVS Health Appoints First-Ever Chief Data, Digital and Technology Officer

CVS Health has appointed Tilak Mandadi as both EVP and a new role, Chief Data, Digital and Technology Officer. Mandadi will start…

Exclusive Q&A: How CVS is Using Medtail to Remove the Stigma From Mental Health Care

One of the biggest challenges in providing healthcare mirrors the oft-repeated mantra behind retail success: offering the right product, in the right…