CVS: Right on target

Published: 6-Jan-2016
Retail Pharmaceutical

How the chain became the second largest health and beauty retailer in the US.

You need to be a subscriber to read this article.
Click here to find out more.

CVS Health is one of the largest health and beauty retailers in the US. The CVS group operates four divisions: CVS Pharmacy, which is the second largest pharmacy chain after after the Walgreens (Walgreens Boots Alliance) chain in the US; CVS MinuteClinic, which comprises some 900 walk-in medical clinics that are usually located within CVS Pharmacy stores; CVS Specialty, a department that deals with patient treatments for rare and complex diseases; and CVS Caremark, a Pharmacy Benefit Manager (PBM). PBMs are third party companies that act as an intermediary between a health insurance company and the insured individual, mostly processing and managing drug prescription claims.

Not yet a Subscriber?

This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.

Subscribe now Already a subscriber? Sign in here.
See more

You may also like

Retail

MAC Cosmetics to launch in Sephora’s US stores for first time

Read more
The launch comes amid ELC’s efforts to revive flagging sales at both MAC Cosmetics and the wider business

Trending Articles

  1. P.Louise Pinkmas event cancelled due to licensing issues The British beauty brand, founded by Paige Williams, confirmed that its highly-anticipated Christmas event due to take place in Manchester, UK, next month will not go ahead
  2. Sephora UK confirms launch date of Hailey Bieber’s Rhode in-store and online The model’s beauty brand will be available to buy in Sephora UK stores and online sooner than you think, following its successful debut with the retailer in the US and Canada
  3. The Body Shop opens new tech-driven Oxford Street store as part of transformation plan The beauty retailer’s latest London-based store merges its natural-based products with advanced technologies to deliver a new kind of experience
  4. Amazon to cut 14,000 jobs to better respond to artificial intelligence Around 4% of Amazon’s corporate workforce will be cut as the ecommerce giant seeks to be more ‘lean’ as artificial intelligence (AI) transforms its business
  5. You need to be a subscriber to read this article.
    Click here to find out more.
    Boots’ debut perfume-only store to make ‘world of fine fragrance more inclusive’ The UK beauty retailer’s first fragrance-only boutique opened on 23 October and houses more than 400 perfume lines, from major brands such as Tom Ford and Guerlain to independent perfumers including Gallivant London Lumira

Upcoming event

Shanghai International Personal Care Expo

5–7 November 2025 | Shanghai, China See all

You may also like

Retail

MAC Cosmetics to launch in Sephora’s US stores for first time

The launch comes amid ELC’s efforts to revive flagging sales at both MAC Cosmetics and the wider business
Body Care

Liberty unveils The Beauty Studio, championing next-gen beauty and wellness innovators

The Beauty Studio will sit alongside the shopping destination’s renowned Beauty Hall in London, UK, offering a space for shoppers to explore a curated collection of ‘next-generation names’ in beauty and wellness
Colour Cosmetics

Charlotte Tilbury's seventh UK store focused on inspiring ‘next generation of pro artists’

The Puig-owned make-up brand’s new London-based store is ‘fully dedicated to empowering, educating and inspiring the next generation of pro artists’ and will highlight Tilbury’s artistry heritage
Colour Cosmetics

Estée Lauder Companies partners with Shopify to elevate customer experience

The cosmetics giant, which owns Jo Malone London and MAC Cosmetics, is teaming up with the e-commerce platform as part of a new strategic partnership to modernise omnichannel shopping experiences
Ingredients

Ulta Beauty hit with lawsuit over ‘clean’ beauty claims

A class action lawsuit filed in the US alleges that products that are part of Ulta's Conscious Beauty initiative contain ingredients that are on the US beauty retailer’s Made Without List
Colour Cosmetics

P.Louise Pinkmas event cancelled due to licensing issues

The British beauty brand, founded by Paige Williams, confirmed that its highly-anticipated Christmas event due to take place in Manchester, UK, next month will not go ahead
Finance

Amazon to cut 14,000 jobs to better respond to artificial intelligence

Around 4% of Amazon’s corporate workforce will be cut as the ecommerce giant seeks to be more ‘lean’ as artificial intelligence (AI) transforms its business
Subscribe now