Retail Clinic News

Image description

Helena Foulkes to investors: CVS Health remains 'a category of one'

Fresh from two major acquisition announcements — Target’s pharmacy business and Omnicare — CVS Health remains "a category of one” and continues to look ahead to its next innovative move, Helena Foulkes, EVP of CVS Health and president of CVS/pharmacy, told investors at the Jefferies 2015 Global Consumer Conference Tuesday morning.

Image description

Target sells pharmacy business to CVS Health

Target plans to sell its pharmacy business to CVS Health for $1.9 billion and rebrand its nearly 1,700 prescription departments as CVS/pharmacy in a blockbuster deal that stunned the healthcare world.