Strategic Initiative

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CVS Health Introduces First CVS Pharmacy Locations within Target Stores

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TGT

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CVS

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Additional Information

Additional Relevant Details
CVS Health will convert 1,672 Target pharmacies to CVS Pharmacy locations around the country on a rolling basis over the next six to eight months while ensuring Target guests a seamless pharmacy experience.


In December 2015, CVS Health acquired all Target pharmacies and retail clinics across 47 states. In addition, a CVS Pharmacy will be included in all new Target stores that offer pharmacy services and Target clinic locations will be rebranded as CVS MinuteClinic over the next six to eight months. The acquisition expands CVS Health’s pharmacy footprint by approximately 20 percent and its clinic footprint by about 8 percent. Consumers in several new markets, such as Seattle, Denver, Portland and Salt Lake City, will soon be able to experience CVS Pharmacy for the first time. CVS Health now has a presence in every state except Wyoming.
http://www.cvshealth...
Slingshot Insights Explained
Strategic Initiative Date
Announcement Date:
Feb 03, 2016
Projected Implementation:
Q1, 2016
Relevance Tracked Until:
Q4, 2016
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Related Keywords Acquisition, Rebranding