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May 23, 2011
Don’t call it the end of an era

Neither one of the co-
recipients of this year’s Fantle Award would want you to call it the end of an era. 


May 18, 2011
CVS/pharmacy helps customers save at the pump

CVS/pharmacy is helping its shoppers save money on gas this summer with a new program that enables customers to earn free gas by purchasing select items at its stores nationwide.

May 17, 2011
MinuteClinic announces discounted camp, sports physicals

CVS Caremark's MinuteClinic is looking to make it easier and more affordable for campers to get the physicals they need in order to participate in activities by offering discounts on camp and sports physicals through July 31.

May 16, 2011
CVS Caremark develops ePA capability for PBM clients

CVS Caremark announced on Monday that it will be launching a pilot of a real-time, integrated electronic prior authorization capability, available to its PBM clients, to help speed access to prescription medications.

May 13, 2011
Merlo will continue legacy left behind by Ryan

As reported, CVS Caremark's annual meeting of stockholders was of special importance as it marked the beginning of a new chapter for both CVS Caremark and its former chairman and CEO Tom Ryan, who officially retired from the company after more than 30 years of service.

May 12, 2011
CVS Caremark's Pharmacy Advisor program named URAC award finalist

CVS Caremark has announced that it was selected as 1-of-20 finalists for the 2011 URAC Awards for Best Practices in Health Care Consumer Empowerment and Protection.

May 11, 2011
CVS' Merlo outlines factors for future growth

CVS Caremark’s annual meeting of stockholders held Wednesday morning was an emotional and momentous occasion for the company as it marked the official retirement of Tom Ryan, former chairman and CEO, and the beginning of a new chapter as Larry Merlo takes the reigns as CEO.

May 10, 2011
CVS Caremark releases 2010 corporate social responsibility report

CVS Caremark announced on Tuesday the release of its 2010 corporate social responsibility report, which provides an overview of the company's commitments to environmental stewardship, improving patient health outcomes and positively impacting people's lives through its social investments.

May 9, 2011
Report: Salma Hayek to launch makeup line at CVS

Actress Salma Hayek is stepping into the mass-market beauty business with a new makeup line exclusively for CVS/pharmacy called Nuance, which is slated to hit store shelves in August, according to published reports.

May 6, 2011
Merlo lets everyone know why PBM isn't going anywhere

With all the talk among the investment community and press about what CVS Caremark should do with its PBM business, it really comes as little surprise that president and CEO Larry Merlo hit the topic head on during Thursday's first-quarter conference call — insisting that there are no plans to split the company.

May 5, 2011
CVS off to ‘good start,’ Merlo says; company committed to PBM biz

CVS Caremark is “off to a good start” in 2011 as first-quarter results registered slightly above guidance for both the retail and PBM businesses, and the retail segment continues to gain share. But what president and CEO Larry Merlo wanted to clarify straight away during Thursday morning’s conference was the company’s commitment to its PBM division, and he outlined its plan to further improve PBM performance.

May 4, 2011
NACDS honors Tom Ryan, Mary Sammons with lifetime achievement awards

On the final evening of the National Association of Chain Drug Stores Annual Meeting in Scottsdale, the association for the first time honored two individuals in the same year with the Sheldon W. Fantle Lifetime Achievement Award: Mary Sammons, chairman of Rite Aid, and Tom Ryan, chairman of CVS Caremark.

May 3, 2011
CVS Caremark relaunches website for PBM members

In an effort to further enhance the online experience for its pharmacy benefit management members, CVS Caremark announced it has relaunched Caremark.com.

April 29, 2011
CVS Caremark's Charitable Trust donates funds to tornado relief efforts

CVS Caremark's Charitable Trust, the private foundation managed by CVS Caremark, has donated $75,000 to the American Red Cross in support of relief efforts in Alabama for communities impacted by tornadoes earlier this week.

April 25, 2011
CVS clusters convenience, fresh in Urban concept


CVS provided a healthy dose of convenience to urban dwellers with the opening of its Urban Cluster store concept late last year. The stores have a decidedly unique bend, being stocked with a broad range of consumables, including an expanded pantry offering and a selection of affordable wines priced under $7.


April 25, 2011
CVS takes beauty full circle

Beauty360 has been described as “a natural evolution” of CVS/pharmacy’s commitment to beauty, and there’s no denying that it is much different than any beauty department you’ll find in a traditional CVS/pharmacy store. As of press time, there were 25 Beauty360 stores in operation, located primarily in California. The first location was unveiled November 2008 at a Capitol district CVS store in the center of Dupont Circle.


April 25, 2011
MinuteClinic to offer vitamin B12 injections, HPV vaccination

CVS Caremark's MinuteClinic division has expanded its suite of services to now include vitamin B12 injections and the human papillomavirus vaccination Gardasil.

April 22, 2011
Logos are in the eye of the beholder

Another story this week is a reminder of how important even the most subtle finesses of a corporate logo can be in the minds of the consumer.

April 20, 2011
Report: CVS/pharmacy logo creator dies at 86

Joseph Selame, who designed a wide range of well-known logos and brand identities for dozens of nonprofit organizations and companies, including CVS/pharmacy, died on March 29 in Boca Raton, Fla. He was 86.

April 19, 2011
Capital Soleil line of sun care products coming to retail

Vichy Labs has developed Capital Soleil, a new line of sun care products that will be sold at select CVS/pharmacy, Duane Reade and Walgreens locations.

April 15, 2011
CVS Caremark announces settlement of retail pharmacy reimbursements

CVS Caremark announced on Friday that it has agreed to pay $17.5 million, to be allocated among the federal government and 10 participating states, to resolve a civil complaint concerning how its CVS/pharmacy retail pharmacies submitted reimbursement claims in certain states for prescriptions filled for "dual eligible" patients who have coverage under both Medicaid and a third-party insurance plan.

April 14, 2011
CVS Caremark to implement new management service for PBM, specialty pharmacy clients

CVS Caremark has unveiled a new medical benefit drug management service for its pharmacy benefit manager and specialty pharmacy clients.

April 14, 2011
CVS Caremark's report highlights lowest drug trend in six years

Despite a difficult economy and rising health costs, the benefits of an integrated pharmacy service were evident as CVS Caremark helped its pharmacy benefit manager clients — employers, health plans and third-party administrators — manage pharmacy costs, according to the company's annual "Insights Report."

April 13, 2011
Former CVS executive appointed Nash Finch board member

Nash Finch, a food distribution company, on Monday named retired CVS Caremark president Chris Bodine to the company’s board.

April 8, 2011
MinuteClinic's latest affiliation highlights growing need for medical homes

The news that CVS Caremark's MinuteClinic has entered into a clinical affiliation with Advocate Health Care and Advocate Physician Partners is important as it reflects a larger focus within the U.S. healthcare landscape: medical homes, or for a growing number of Americans, the lack thereof.

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