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May 21, 2013

CVS Caremark president and CEO Larry Merlo has been named the 2013 March of Dimes Rhode Island 2013 Citizen of the Year for his and the company’s ongoing support of the March of Dimes mission.

PROVIDENCE, R.I. — CVS Caremark president and CEO Larry Merlo has been named the 2013 March of Dimes Rhode Island 2013 Citizen of the Year for his and the company’s ongoing support of the March of Dimes mission.

Merlo will be honored for the achievement at a June 18 reception held at the Providence Public Library. The recognition and fundraising event will take place as part of the 75th anniversary year of March of Dimes and the 50th anniversary year of the pharmacy innovation company.

May 9, 2013

Rite Aid has Pantry, Walmart has Great Value and now CVS/pharmacy has added Total Home, a new home care product line available exclusively at CVS/pharmacy stores nationwide, to its store brand portfolio.

WOONSOCKET, R.I. — Rite Aid has Pantry, Walmart has Great Value and now CVS/pharmacy has added Total Home, a new home care product line available exclusively at CVS/pharmacy stores nationwide, to its store brand portfolio.

The company is leveraging the store brand offering — which includes facial and bath tissue, paper towels, trash bags, food storage necessities, kitchen and bathroom cleaners, bulbs and extension cords — to strengthen its position among the one-stop shopping key players. 

May 1, 2013

The year appears to be off to a good start and CVS executives were optimistic Wednesday morning as the company pulled in a “strong” first quarter and narrowed its 2013 guidance to reflect higher-than-expected performance.

WOONSOCKET, R.I. — The year appears to be off to a good start and CVS Caremark executives were optimistic Wednesday morning as the company pulled in a “strong” first quarter and narrowed its 2013 guidance to reflect higher-than-expected performance.
 

April 12, 2013

CVS/pharmacy will offer up to 1 million free smartphones to eligible customers, in an effort to encourage shoppers to use its mobile app.

WOONSOCKET, R.I. — CVS/pharmacy will offer up to 1 million free smartphones to eligible customers, in an effort to encourage shoppers to use its mobile app.  

Consumers who want a new smartphone or who are eligible for a device upgrade with their current mobile service provider can visit the site and choose from a variety of Android smartphones. They can then sign up for a new contract or upgrade to a two-year contract, and the phone will be shipped directly to them.

April 2, 2013

CVS Caremark has elected former Johnson & Johnson CEO William Weldon to serve on its board of directors, according to a filing with the Securities and Exchange Commission.

WOONSOCKET, R.I. — CVS Caremark has elected former Johnson & Johnson CEO William Weldon to serve on its board of directors, according to a filing with the Securities and Exchange Commission.

Weldon is the former chairman of the board and CEO of Johnson & Johnson, having served in those positions from 2002 until his retirement as CEO in April 2012 and his retirement from the board in December 2012. Weldon previously served in a variety of senior executive positions during his 41-year career with J&J.

March 26, 2013

CVS/pharmacy has launched a first-of-its-kind interactive app, delivering a virtual 3-D digital drug store experience for customers using Apple iPads.

WOONSOCKET, R.I. — CVS/pharmacy has launched a first-of-its-kind interactive app, delivering a virtual 3-D digital drug store experience for customers using Apple iPads.

March 25, 2013

CVS/pharmacy has launched a first-of-its-kind interactive app, delivering a virtual 3-D digital drug store experience for customers using Apple iPads. 

WOONSOCKET, R.I. — CVS/pharmacy has launched a first-of-its-kind interactive app, delivering a virtual 3-D digital drug store experience for customers using Apple iPads. 

February 21, 2013

WOONSOCKET, R.I. — CVS/pharmacy is making some changes to its Gold Emblem food product line, including enhanced ingredients and new flavors, the retail pharmacy chain said Thursday.

The line has been revamped with more options and a new look. Gold Emblem includes more than 250 products, such as nuts, trail mixes, chips, pretzels, dried candies, cookies, spices, juices, condiments, baking products and breakfast bars. CVS introduced it in 1995, making it one of the first private-label food lines created by a major drug store chain.

February 11, 2013

CVS Caremark has announced the appointment of former Staples executive Brian Tilzer as SVP chief digital officer.

WOONSOCKET, R.I. — CVS Caremark has announced the appointment of former Staples executive Brian Tilzer as SVP chief digital officer.

In his new role, Tilzer will develop and lead teams driving CVS Caremark's company-wide digital innovation efforts and will focus on connecting current and future digital initiatives.

January 25, 2013

Continuing to assist those who were affected by Hurricane Sandy, the CVS Caremark Charitable Trust, a private foundation created by CVS Caremark Corporation, announced on Friday that it is donating $50,000 to the Hurricane Sandy New Jersey Relief Fund.

WOONSOCKET, R.I. — Continuing to assist those who were affected by Hurricane Sandy, the CVS Caremark Charitable Trust, a private foundation created by CVS Caremark Corporation, announced on Friday that it is donating $50,000 to the Hurricane Sandy New Jersey Relief Fund.

Established by Gov. Chris Christie and chaired by First Lady Mary Pat Christie, the relief fund is a nonprofit organization that raises and distributes funds to organizations to support the recovery and rebuilding efforts of New Jersey communities impacted by the storm.

December 14, 2012

CVS Caremark executives expressed optimism going into 2013 and outlined its strategic growth framework, which leverages the company’s unique integrated model, during its annual Analyst Day held on Thursday in New York City.

WOONSOCKET, R.I. — CVS Caremark executives expressed optimism going into 2013 and outlined its strategic growth framework, which leverages the company’s unique integrated model, during its annual Analyst Day held on Thursday in New York City.

December 11, 2012

CVS/pharmacy is reminding holiday shoppers that it is a one-stop shop for holiday décor and an ideal gift destination for tech gadgets, beauty products and toys.

WOONSOCKET, R.I. — CVS/pharmacy is reminding holiday shoppers that it is a one-stop shop for holiday décor and an ideal gift destination for tech gadgets, beauty products and toys.

December 6, 2012

CVS/pharmacy has introduced a variety of new features to its mobile suite, which consists of the CVS mobile app and a mobile-optimized website at m.CVS.com.

WOONSOCKET, R.I. — CVS/pharmacy has introduced a variety of new features to its mobile suite, which consists of the CVS mobile app and a mobile-optimized website at m.CVS.com.

The new features range from health resources that make it easier to schedule immunizations and identify pills, to a sleeker look and feel for the CVS Mobile app that makes mobile shopping a snap.

December 5, 2012

Merchants at CVS, Smart & Final and Meijer have been named recipients of the 2013 Confectionery Leadership Awards by the National Confectioners Association.

Washington, DC — Merchants at CVS, Smart & Final and Meijer have been named recipients of the 2013 Confectionery Leadership Awards by the National Confectioners Association.

September 24, 2012

As part of CVS Caremark's sponsorship of The Partnership at Drugfree.org's The Medicine Abuse Project, which aims to prevent a half-million teens from abusing medicine over the next five years, the company now is asking its customers to take the project's pledge to learn about teen medicine abuse, to safeguard medicines in the home and to talk to teens about this issue, the company announced on Monday.

WOONSOCKET, R.I. — As part of CVS Caremark's sponsorship of The Partnership at Drugfree.org's The Medicine Abuse Project, which aims to prevent a half-million teens from abusing medicine over the next five years, the company now is asking its customers to take the project's pledge to learn about teen medicine abuse, to safeguard medicines in the home and to talk to teens about this issue, the company announced on Monday.

September 17, 2012

CVS Caremark has appointed Thomas Moriarty as EVP and general counsel of CVS Caremark.

WOONSOCKET, R.I. — CVS Caremark has appointed Thomas Moriarty as EVP and general counsel of CVS Caremark.

Moriarty most recently served as general counsel at the Celgene, a biopharmaceutical company, where he was responsible for global legal strategy and served on the company's management committee. Prior to that, Moriarty was general counsel and corporate secretary at Medco Health Solutions.

September 17, 2012

The CVS/pharmacy ExtraCare program, which boasts more than 70 million active members, now gives shoppers the ability to earn bigger rewards on most purchases during the peak fall and winter shopping season.

WOONSOCKET, R.I. — The CVS/pharmacy ExtraCare program, which boasts more than 70 million active members, now gives shoppers the ability to earn bigger rewards on most purchases during the peak fall and winter shopping season.

From Sept. 16 through Dec. 15, ExtraCare members can double their quarterly ExtraBucks Rewards by choosing to participate.

August 8, 2012

WOONSOCKET, R.I. — CVS Caremark’s solid second-quarter performance and outlook has prompted the company to raise yet narrow its guidance for the year. CVS Caremark now expects to deliver adjusted earnings per share of $3.32 to $3.38 for the full year 2012, up from its previous guidance of $3.23 to $3.33.

July 3, 2012

CVS Caremark has been selected by the National Business Group on Health as a platinum winner for its 2012 Best Employers for Healthy Lifestyles awards. CVS Caremark's workforce well-being program was noted to be a role model for other companies striving to improve employee health, productivity and well-being.

WOONSOCKET, R.I — CVS Caremark has been selected by the National Business Group on Health as a platinum winner for its 2012 Best Employers for Healthy Lifestyles awards. CVS Caremark's workforce well-being program was noted to be a role model for other companies striving to improve employee health, productivity and well-being.

The award was presented at the Business Group's Institute on Innovation in Workforce Well-being Leadership Summit held in Washington, D.C.

June 27, 2012

CVS Caremark has named Stephen Gold as CIO.

WOONSOCKET, R.I. — CVS Caremark has named Stephen Gold as CIO.

Gold, who joins CVS Caremark on July 9, will focus on bringing new and differentiating technology solutions to the company's retail and pharmacy benefit management businesses.

May 14, 2012

WOONSOCKET, R.I. — CVS/pharmacy is taking a greater step toward targeting the Hispanic market with the launch of its new Spanish-language website.

Like the English-language site, the Spanish version, located at http://es.cvs.com, enables shoppers to manage their prescription account, get health information, purchase products, access coupons, etc. According to a MediaPost article, Google indicated that the new CVS Spanish website consists of 67,000 pages, most of which are product SKUs.

May 11, 2012

CVS Caremark held its annual meeting of stockholders at its headquarters on Thursday, and the tone attendees heard was a positive one.

WOONSOCKET, R.I. — CVS Caremark held its annual meeting of stockholders at its headquarters on Thursday, and the tone attendees heard was a positive one.

According to president and CEO Larry Merlo, the company is well-positioned for growth in an evolving healthcare market.

Merlo made note in the meeting of Walgreens’ battle with Express Scripts, which has created opportunity for CVS to pick up significant prescription business.

May 2, 2012

CVS Caremark’s president and CEO Larry Merlo told analysts Wednesday morning that he was “very pleased” with its first quarter, as results across both the retail and pharmacy benefit management segments came in at the high end of expectations and its integrated assets continue to demonstrate success and improve patient lives.

WOONSOCKET, R.I. — CVS Caremark’s president and CEO Larry Merlo told analysts Wednesday morning that he was “very pleased” with its first quarter, as results across both the retail and pharmacy benefit management segments came in at the high end of expectations and its integrated assets continue to demonstrate success and improve patient lives.

April 9, 2012

CVS Caremark has confirmed that Stuart McGuigan, SVP and CIO, will be leaving the company April 13.

WOONSOCKET, R.I. — CVS Caremark has confirmed that Stuart McGuigan, SVP and CIO, will be leaving the company April 13.

CVS Caremark has initiated a search for his replacement, according to a company spokesperson.

McGuigan has served as SVP and CIO since December 2008. Before that, McGuigan was SVP and CIO of Liberty Mutual Group from September 2004 to December 2008, and was deputy CIO and SVP of Liberty Mutual from February 2004 to September 2004. From 2000 to February 2004, he was SVP information technology at Medco Health Solutions.

March 30, 2012

CVS Caremark outlined succession plans for its pharmacy benefit management business as EVP and COO Jon Roberts will assume the role of president of the PBM business, effective Sept. 1.

WOONSOCKET, R.I. — CVS Caremark outlined succession plans for its pharmacy benefit management business as EVP and COO Jon Roberts will assume the role of president of the PBM business, effective Sept. 1.