CVS Caremark

The Bottom Line
4:48 pm
Fri November 28, 2014

The Bottom Line: Keeping Black Friday Dollars In RI

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for our weekly business segment The Bottom Line.

This week, Neil Steinberg, president and CEO of the Rhode Island Foundation visits the program to discuss the latest push to shop local, the foundation’s legislative priorities and his take on the CVS move to build a technology hub in Boston.

When to Listen

You can hear The Bottom Line each Friday at 5:50pm.

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On Politics
12:37 pm
Thu November 20, 2014

Gov.-elect Raimondo considering Barbara Cottam for chief of staff

Governor-elect Gina Raimondo is considering Citizens Bank executive Barbara Cottam for a top position in her new administration, according to Statehouse sources.

Cottam, who has vast experience in both the private and political sectors in Rhode Island, is under consideration for chief of staff, one of the most important positions in any gubernatorial administration.

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Scott MacKay Commentary
3:57 pm
Fri October 17, 2014

Scott MacKay Commentary: Fung, Raimondo Should Answer These Questions Before They Get Your Vote

Rhode Island Statehouse
Credit RIPR FILE

The major candidates for Rhode Island governor have spent much of their campaigns focused on the economy. RIPR political analyst Scott MacKay on what they aren’t telling voters.

All of the Rhode Island political campaigns this year are talking about our state’s sluggish economy. In the governor’s contest between Republican Allan Fung, the Cranston mayor, and Democrat Gina Raimondo, the state treasurer, jobs and the economy often seem to be the only topic.

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Health Care
6:00 am
Wed September 3, 2014

CVS Caremark Is Now CVS Health; All Stores Tobacco-Free A Month Early

CVS headquarters
Credit Courtesy CVS

Pharmacy corporation CVS Caremark has officially changed its name to CVS Health.

The Woonsocket-based company announced the name change as a way to reflect its growth beyond a retail pharmacy chain into a multi-service health care company. Today, the $127-billion dollar CVS Health encompasses 7700 retail pharmacies, hundreds of walk-in medical clinics, a pharmacy benefits manager and more. CVS Health president Helena Foulkes says it made sense to re-brand now.

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Business
8:46 am
Tue August 12, 2014

Rhode Island Based CVS Launches In The Pacific Northwest

CVS Caremark, has begun opening stores in Washington State.
Credit RIPR FILE

The Rhode Island-based pharmacy chain CVS has opened its very first store in Washington State. 

The pharmacy is located in the city Renton, which is about 10 miles outside Seattle.  It’s the first of three pharmacies CVS hopes to open in the Seattle area this year.

The store is the first in the country to open, tobacco-free, since the company’s announcement it would phase out tobacco products at all stores by this fall.

Do you have insight or expertise on this topic?  Please email us, we'd like to hear from you. news@ripr.org

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Business
11:27 am
Tue August 5, 2014

CVS 2nd Qtr. Results Up Thanks To Specialty Drugs, MinuteClinics

CVS has opened more than 30 MinuteClinics over the past few months, with 150 more planned by year's end.
Credit CVS Health

Second quarter financial results from the Woonsocket-based pharmacy chain CVS Caremark have beat analyst expectations. That’s due in part to new specialty pharmacy business and the opening of more in-store clinics.

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Health Care
8:48 am
Wed February 5, 2014

CVS Pulling Cigarettes and Tobacco Products Off Its Shelves

Rhode Island based CVS-Caremark has announced it will pull all tobacco products off its shelves by October 2014.
Credit CVS

Rhode Island based CVS-Caremark announced Wednesday that it will stop selling cigarettes and other tobacco products in its stores starting this year. CVS said it is the first national chain to make this move.

The goal is to have cigarettes and other tobacco products off the shelves at its more than 7,600 stores by October 1st. CVS-Caremark’s CEO calls selling tobacco inconsistent with the store’s purpose.

CVS plans to launch a smoking cessation program in the spring, offering information on how to quit and treatment at its pharmacies.

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On Politics
3:04 pm
Fri August 23, 2013

URI: University in RI or University of RI?

Even President Obama is talking about rising college tuitions as students return to campus. RIPR political analyst Scott MacKay  talks about what this all means for our flagship public university, the University of Rhode Island.

The days are getting shorter, the breezes off our cobalt coastline are cooler. The rhythms of fall return. In our cozy corner of New England, a timeless harbinger of the season is students thronging college campuses.

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RI News
12:44 pm
Fri August 2, 2013

CVS Caremark Settles With The SEC for $20M

CVS Caremark has entered into a settlement with the Securities and Exchange Commission.  The settlement ends a three year investigation.


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Business
4:14 pm
Wed July 17, 2013

CVS and Others Ban Rolling Stone Featuring Boston Bombing Suspect on Cover

The August issue of Rolling Stone magazine is having some circulation problems because of the man on its cover.

CVS, Walgreen’s and Tedeschi Food Stores are refusing to sell the August issue of Rolling Stone magazine because the cover features a picture of Boston Marathon bombing suspect Dzhokhar Tsarnaev. 

The Woonsocket-based CVS issued a statement saying, in part, “As a company with deep roots in New England and a strong presence in Boston, we believe this is the right decision out of respect for the victims of the attack and their loved ones. “

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