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Longs Drugs is an American chain owned by parent company CVS Health with approximately 70 drugstores throughout the state of Hawaii and formerly in the Continental US. Before being acquired by parent company CVS Health in 2008, it was a chain of over 500 stores, located primarily on the West Coast of the United States .
In 1961, The Jewel Companies, Inc. acquired Osco Drug Stores. In 1984, American Stores bought Jewel, which had owned Osco Drug since 1961. American Stores was purchased in 1999 by Albertsons. In 2006, Albertsons was broken up and many standalone Osco stores were purchased by CVS Pharmacy. The Osco name remains in place as the drug store ...
In August 2008, CVS Caremark purchased Longs Drugs Stores for $2.7 billion. [ 12 ] In 2009, CVS Caremark agreed to pay $2.25 million to settle alleged unfair trade practices and alleged violations of the privacy protections under the Health Insurance Portability and Accountability Act of 1996 . [ 13 ]
On August 12, 2008, CVS Pharmacy announced that it would acquire Longs Drugs for $2.9 billion. Walgreens made a counteroffer but dropped it. The deal closed October 30, 2008. [31] [32] Longs Drugs stores outside Hawaii were rebranded to CVS Pharmacy by the summer of 2009.
CVS Specialty is the specialty pharmacy division that provides specialty pharmacy services for individuals with chronic or genetic diseases who require complex and expensive drug therapies. CVS Health operate 24 retail specialty pharmacy stores and 11 specialty mail order pharmacies, making them the largest specialty pharmacy in the United States.
MinuteClinic is a division of CVS Health (NYSE: CVS) that provides retail clinic services. [2] MinuteClinic was initially started as QuickMedx [3] by Dr. Douglas Smith and his patient Rick Krieger, along with Stephen Pontius in Minneapolis, Minnesota.
Osco Drug (freestanding stores acquired by and converted to CVS in 2006) Pay 'n Save (acquired by Thirfty Corp. in 1988, rebranded as PayLess Drug) PayLess Drug Stores (purchased by Rite Aid in 1996) Peoples Drug (acquired by CVS in 1990; rebranded in 1994) Perry Drug Stores (acquired by Rite Aid in 1995) Phar-Mor (bankrupt in 2002)
Between 1997 and 2008 the title sponsor was Longs Drugs, a drugstore chain headquartered in Walnut Creek and the tournament was known as the Longs Drugs Challenge. In October 2008, CVS/pharmacy completed its purchase of the Longs chain and took over the sponsorship of the tournament, renamed the CVS/pharmacy LPGA Challenge for 2009 .