CVS Health

CVS health Corporation, which was previously known as just CVS Corporation or Caremark Corporation, is an American retail healthcare company and pharmacy that has its headquarters in Woonsocket, Rhode Island. You can find a CVS in every major city in the United States and in many of the smaller towns as well. In fact, most cities have multiple retail locations. There are two major parts of the CVS brand. The first is the retail location that sells non-pharmacy goods such as frozen food, toys, over-the-counter medications, household items and seasonal fare; along with the actual pharmacy that is located within the CVS store. CVS had 246,000 employees as of 2017, and the majority of them work within those retail stores or pharmacies.

CVS began in 1964 when three different people came together to create their own company from Mark Steven Incorporated, a company that helped retailers manage health and beauty product lines. The company everyone knows now as CVS began in 1996. David W. Dorman is the nonexecutive chairman while Larry Merlo is the current President and Chief Executive Officer of CVS health Corporation. The number of customers is impossible to calculate because CVS is present in almost every part of the country with customers that change all the time. However, they share the majority of the pharmacy market share with Rite Aid and Walgreens Pharmacy. Those numbers are diminishing though in favor of lower cost pharmacies such as the ones located at department stores like Walmart.

CVS Health Corporation is only present in the United States right now, with no expansion to other parts of the world. They are publicly traded company with revenues reported in 2017 of $186.9 billion. The revenue per share was $183.93 and they had a quarterly revenue growth of 2.2 percent.