cvs

PYMNTS 2024: Insights From Innovators, Retailers and Industry Trailblazers
PYMNTS 2024: Insights From Innovators, Retailers and Industry Trailblazers
December 26, 2024  |  Innovation

PYMNTS conducts thousands of interviews a year, some with the usual suspects of banks, card networks and FinTechs that define the financial services space, and...

READ MORE >
CVS CEO: ‘Lots of Headwinds in This Market’
CVS CEO: ‘Lots of Headwinds in This Market’
November 06, 2024  |  Earnings

CVS Health’s third-quarter earnings results released Wednesday (Nov. 6) reflected the company’s ongoing efforts to adapt to a changing healthcare and retail environment. As it...

READ MORE >
GoodRx and CVS Sued for Suppressing Pharmacy Reimbursement
GoodRx and CVS Sued for Suppressing Pharmacy Reimbursement
November 05, 2024  |  Legal

Smaller pharmacies are accusing GoodRx and CVS of colluding to suppress generic prescription drug reimbursements. As Reuters reported Tuesday (Nov. 5), drug coupon aggregator GoodRx and a pair of pharmacy benefit...

READ MORE >
Can Retail Pharmacies Survive the Digital Transformation of Healthcare?
Can Retail Pharmacies Survive the Digital Transformation of Healthcare?
October 22, 2024  |  Retail

In the connected economy, retail pharmacies like CVS, Walgreens, and Rite Aid face challenges to their traditional business models. As consumer preferences move toward digital...

READ MORE >
CVS Replaces CEO With Caremark President David Joyner
CVS Replaces CEO With Caremark President David Joyner
October 18, 2024  |  Personnel

CVS has replaced CEO Karen Lynch as it struggles to repair its healthcare business. David Joyner, president of the company’s pharmacy benefit management unit Caremark, has been appointed...

READ MORE >
Shop and Healthcare Pillars Surge Amid Strategic Shifts, but CE 100 Sees Slight Decline
Shop and Healthcare Pillars Surge Amid Strategic Shifts, but CE 100 Sees Slight Decline
October 07, 2024  |  Connected Economy

The CE 100 Index slipped 0.6% as October’s first few days of trading brought investors firmly into the fourth quarter while reversing some of the...

READ MORE >
Can CVS Health’s Strategic Overhaul Revitalize Its Market Position?
Can CVS Health’s Strategic Overhaul Revitalize Its Market Position?
October 02, 2024  |  Retail

In the high-stakes world of healthcare retail, CVS Health finds itself at a crossroads, navigating turbulent waters amid investor pressures and a stock price that...

READ MORE >
CVS Cuts 2,900 Corporate Jobs Amid Hedge Fund Pressure
CVS Cuts 2,900 Corporate Jobs Amid Hedge Fund Pressure
September 30, 2024  |  Retail

CVS Health is reportedly meeting with a top investor on ways to enhance its business. The pharmacy/healthcare chain was set to meet Monday (Sept. 30)...

READ MORE >
CFPB Report Shows Kroger, Dollar Tree and Others Charging Fees for Cash-Back Transactions
CFPB Report Shows Kroger, Dollar Tree and Others Charging Fees for Cash-Back Transactions
August 27, 2024  |  Consumer Finance

A new report released Tuesday (Aug. 27) from the U.S. Consumer Financial Protection Bureau (CFPB) sheds light on a growing trend: Major retailers are now...

READ MORE >