CVS

  1. Trends & External Forces

A New ESG?

ESG has been important to companies and to investors though recently there has been some blowback from certain segments of the market on whether ESG is a feel-good, hard to measure, share-holder unfriendly and fuzzy goal. This piece proposes that while ESG remains important a new ESG which is far more focused and therefore measurable, […]
6 min read
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  1. Agencies & Vendors

Blanor Products Proves to Retailers that Potty Talk Is More Important Than We Think

Incontinence, better known as a loss of bladder control, affects approximately 13 million Americans – 85% of whom are women. As a practicing physical therapist since 1977, Faye Pryor commonly encountered the consequences of this problem while treating patients with fall-related injuries. While assisting a patient with a bedpan, major spillage occurred on her clothes […]
5 min read
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  1. Channel: Drug

FARE teams with CVS for Teal Pumpkin Project

NEW YORK — Food Allergy Research & Education (FARE) said it is joining with CVS Pharmacy as the exclusive retail partner of the FARE Teal Pumpkin Project 2022. This program is a yearly effort to make trick-or-treating safer and more inclusive for the one in 13 children in the U.S. living with food allergies and […]
2 min read
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  1. Shopper & Customer

Gen Z, in Their Own Words: What They Really Want from Brands and Retailers

Gen Z is arguably one of the most in-demand, and yet most elusive, generations of our time. While some brands claim to completely understand what these consumers really want, there are many times when Gen Z shoppers’ thoughts and behaviors don’t quite match up. And at a time when knowing and resonating with your customer […]
6 min read
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  1. Trends & External Forces

Monetary damages set in lawsuit over opioids

CLEVELAND, Ohio — Two Ohio counties have been awarded $650 million in damages in a lawsuit against CVS, Walgreens and Walmart, claiming the way the pharmacy chains distributed pain medications significantly harmed the communities. The August 17 ruling is the first by a federal judge that assigns monetary damages against the chains for their roles […]
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  1. Trends & External Forces

Walmart Bolsters Healthcare Presence With UnitedHealth Group Partnership

Walmart is expanding its presence in the medtail space through a 10-year partnership with healthcare and insurance provider UnitedHealth Group that will begin in January 2023. The partnership will launch at 15 Walmart Health locations in Florida and Georgia, with plans to expand to additional locations. Walmart will incorporate UnitedHealth Group’s Optum program to provide […]
2 min read
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  1. Trends & External Forces

Walmart To Team With UnitedHealth For Senior-Focused Service

Walmart announced this week that it is teaming up with UnitedHealth Group for what they call “an initial 10-year, wide-ranging collaboration, bringing together the collective expertise of both companies in serving millions of people with high-quality, affordable health services that improve health outcomes and the patient experience,” especially, in the beginning, for senior citizens. “The […]
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  1. Channel: Drug

CVS, Apple, Target, and Ben & Jerry’s Top “Skip the Slip” Scorecard Grading Sustainable Receipt Practices

WASHINGTON–(BUSINESS WIRE)–Green America released a new update to its Skip the Slip report on the impacts of paper receipts on forests and climate change, as well as how the chemicals used on receipt paper affect consumer and employee health. The report also features a scorecard that grades 33 major U.S. companies on their progress to […]
< 1 min read
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  1. Trends & External Forces

Your Views:  The Power of Purpose

Yesterday, we featured an Eye-Opener about how, in a message to customers, Stew Leonard, Jr. recommended that his customers go visit a newly opened Amazon Fresh store with checkout-free technology. I commented: When was the last time you saw a retailer recommend that customers go visit a competitor?’ I’ve been doing this a long time, […]
6 min read
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  1. Trends & External Forces

CVS Continues Medtail Expansion with $8B Acquisition of Signify Health

CVS Health has emerged victorious in what was reportedly a heated bidding war for Signify Health. The pharmacy chain beat out other rumored bidders including Amazon and UnitedHealthcare to acquire the healthcare platform in a deal valued at approximately $8 billion. “Signify Health will play a critical role in advancing our healthcare services strategy and gives […]
2 min read
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  1. Trends & External Forces

CVS to Acquire Home Health Giant Signify Health for Roughly $8B

CVS Health has reached a deal to acquire in-home healthcare company Signify Health for about $8 billion, reports CNBC. CVS said it will pay $30.50 a share in cash for Signify, an acquisition that would enable the pharmacy chain to offer care to more customers in their homes. Signify offers patient care through virtual and in-person […]
2 min read
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  1. Trends & External Forces

CVS Health to acquire Signify Health

WOONSOCKET, R.I. — CVS Health has agreed to acquire the home healthcare provider Signify Health in a deal worth about $8 billion, the company announced on Monday. Karen Lynch Signify Health is a leader in Health Risk Assessments, value-based care and provider enablement. With a network of more than 10,000 clinicians across all 50 states […]
4 min read
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  1. Channel: Drug

CVS to acquire medical house call provider for $8 billion

CVS said it has reached a deal to acquire Signify for around $8 billion. Signify offers analytics and technology to enable a network of 10,000 doctors to make house calls to patients across the U.S. “Signify Health will play a critical role in advancing our health care services strategy and gives us a platform to […]
< 1 min read
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  1. Trends & External Forces

Deal! CVS Wins $8B Bid for Signify Health

CVS emerged as the winner and closed an $8 billion deal in a hotly contested bid to acquire value-based healthcare solutions platform Signify Health, beating Amazon and UnitedHealthcare as big companies continue pushing into medical services.  Under the definitive agreement, CVS Health will acquire Signify Health for $30.50 per share in cash, according to a […]
2 min read
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  1. Technology & Innovation

4 Recession-Ready Transformation Pivots Retailers Need Now

A looming recession. Supply chain struggles. Household budgets under pressure. For retailers, it’s shaping up to be a challenging holiday season. As stores begin to execute their all-important fourth-quarter plans, they’re having to adjust, anticipating logistical hiccups and changing shopper behaviors. Amazon.com is even rumored to be planning a second Prime Day holiday, partially to […]
3 min read
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  1. Media & Marketing

Report: Walmart To Announce New Loyalty Program Today

Advertising Age reports that Walmart is expected to announce later today “a full-fledged loyalty program with the launch of Walmart Rewards, which gives customers cash back via supplier-funded deals that could help the retailer capture data from tens of millions of additional people.” According to the story, the program is “an outgrowth of Walmart’s previous […]
2 min read
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  1. Acquisitions, Divestitures & Mergers

Why Amazon May Be On An Acquisition Binge

The Information has a piece suggesting that there is a reason that Amazon has gone on what looks like an acquisition binge… “We’re learning how Amazon plans to deal with Federal Trade Commission Chair Lina Khan’s anti–tech acquisition policy – by striking so many deals that the FTC will have a hard time fighting them […]
2 min read
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  1. Trends & External Forces

Dr. Creagh Milford named SVP of retail health at CVS

WOONSOCKET, R.I. — Dr. Creagh Milford has been named senior vice president of retail health for CVS Health. The move was announced by Sreekanth Chaguturu, chief medical officer at CVS Health on his LinkedIn page. Sreekanth Chaguturu   “Creagh is an innovative, respected clinician whose leadership of retail health will help bring together our MinuteClinic, […]
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  1. Trends & External Forces

Monday Eye-Opener:  Amazon’s Health Care Priorities Called Into Question

by Kevin Coupe There have been a couple of pieces in the media over the last few days that have raised some significant questions that may be asked – in fact, ought to be asked – as regulators consider the move by Amazon to acquire One Medical for $3.9 billion, a move designed to give […]
4 min read
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  1. Trends & External Forces

Amazon and CVS amongst bidders for Signify Health

Amazon has joined CVS Health Corp, Option Care and UnitedHealth in bidding for healthcare firm Signify Health, Bloomberg reported. The tech giant’s bid is slightly less than UnitedHealth’s bid which… The post Amazon and CVS amongst bidders for Signify Health appeared first on Latest Retail Technology News From Across The Globe – Charged.
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  1. Channel: Drug

Walgreens, Walmart, CVS ordered to pay $650 million

CLEVELAND — This week a federal judge ordered CVS, Walgreens and Walmart to pay a collective $650.5 million to two counties in Ohio for their part fueling the opioid crisis in the state, a landmark ruling that lays partial blame for the epidemic on pharmacies that supplied the drugs. U.S. District Judge Dan Aaron Polster […]
2 min read
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  1. Channel: Drug

Federal judge says CVS, Walgreens and Walmart must pay $650 million in opioid case

CVS, Walgreens and Walmart must pay $650 million in damages to Lake and Trumbull counties in Ohio for their part in the opioid crisis there. U.S. District Judge Dan Polster said the retailers had “squandered the opportunity to present a meaningful plan to abate the nuisance.” The retailers are expected to appeal the decision.
< 1 min read
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  1. Channel: Drug

CVS, Walgreen Walmart Hit With $650 Million Judgement In Ohio Opioid Case

The Wall Street Journal reports that “a federal judge in Ohio has ordered the companies owning CVS, Walgreens and Walmart pharmacies to pay $650 million over 15 years to two Ohio counties after a jury found them liable for contributing to the opioid epidemic. “The jury’s verdict last November, delivered after a six-week trial, came […]
2 min read
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  1. Channel: Ecommerce & Digital

Hesitation By CVS Opened Door To Amazon’s Purchase Of One Medical

Bloomberg reports that before Amazon made the deal to acquire primary healthcare company One Medical for $3.5 billion, CVS Health was trying to make a deal to buy the company. CVS, the story says, “negotiated with the company for months, and even offered the same amount that Amazon ultimately agreed to pay.  “CVS first approached […]
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  1. Trends & External Forces

CVS surpasses second quarter expectations

WOONSOCKET, R.I. — CVS Health easily beat analysts’ projections for second quarter sales and earnings, and raised its full-year profit outlook. The company posted adjusted earnings per share of $2.40, topping Wall Street’s average forecast of $2.17. Net income was $2.96 billion, or $2.23 per share, up from $2.79 billion, or $2.10 per share, a […]
2 min read
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Editor’s Choice

  1. Shopper & Customer
  2. Corporate Strategy
  3. Corporate Finance
  4. Media & Marketing
  5. Shopper & Customer
  6. Technology & Innovation
  7. Trends & External Forces
  8. Stores & Formats

Retail Vacancy Rate Hits 15-Year Low

Retail vacancies in the United States dropped to 6.1% in the second quarter, a 15-year low, as Americans continued to resume in-store shopping. Asking rents for shopping center spaces during the quarter were 16% higher than five years ago, The Wall Street Journal (WSJ) reported Tuesday (Oct. 4), citing figures from commercial real estate broker […]
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  1. CPG: Food
  2. Department: Food
  3. ESG
  4. Merchandising

Nestlé Confectionery reveals Quality Street and KitKat sustainable pack innovations

Nestlé Confectionery has announced sustainable packaging innovations for two of its best-loved brands – Quality Street and KitKat. In a category first, Quality Street will move to recyclable paper packaging for its twist-wrapped sweets. By replacing the double layer of foil and cellulose with a paper wrap, Quality Street will remove more than two billion […]
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  1. Retail Ecosystem
  2. Channel: Delivery
  3. Channel: Ecommerce & Digital
  4. Channel: Grocery - Natural
  5. Department & Category
  6. Corporate Strategy
  7. Corporate Purpose
  8. ESG
  9. Partnerships & Alt Profit
  10. Media & Marketing
  11. Retailer Media
  12. Agencies & Vendors
  13. Retail Ecosystem
  14. Data & Insights
  15. International
  16. Shopper & Customer
  17. Technology & Innovation
  18. Trends & External Forces
  19. Retail Operations
  20. Associates & Employees
  21. Operations & Supply Chain
  22. Stores & Formats

Groceryshop 2022: Top Retail Influencers’ Key Takeaways

The RETHINK team visited Las Vegas from September 19-22 for Groceryshop 2022. While there, we had the opportunity to speak with many of our Top Retail Influencers and learn about their event experience. #TRI2022 members- Ricardo Belmar, Michael LeBlanc, Jeff Roster, Melissa Minkow, Bryan Gildenberg, Andrea Leigh, and Stewart Samuel- all shared their thoughts on […]
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