What is CVS Pharmacy? CVS Pharmacy Review, Features

CVS Pharmacy (CVS) is the second largest drugstore chain in the United States, with more than 9,600 locations nationwide. For more than 50 years, CVS Pharmacy has provided customers with the products and services they need to stay healthy.

About CVS Pharmacy

• CVS Pharmacy is incorporated in Delaware and headquartered in Woonsocket, Rhode Island. As of 2008, it is the largest for-profit employer in Rhode Island. The company was founded in 1963 by Sid Goldstein, Stanley Goldstein, and Ralph Hoagland as a health and beauty aid discount store on Merrimack Street in Lowell, Massachusetts.
• In 2014, CVS Pharmacy had 7,600 CVS/pharmacy retail stores. In 2009, the company's revenue was $55.663 billion, operating income was $2.019 billion, and net profit was $1.66 billion. In 2005, the company had 80,000 employees.
• Through its approximately 9,600 retail pharmacies, more than 1,100 walk-in medical clinics, a leading pharmacy benefits manager with more than 75 million plan members, a dedicated senior pharmacy care business that serves more than one million patients annually, and expanding specialty pharmacy services, the company enables people, businesses and communities to manage health in a more affordable and effective way. This unique, integrated model increases access to quality care, delivers better health outcomes, and reduces overall healthcare costs.