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Hoagland was born in Boston. [3] He attended Princeton University and Harvard Business School. [4] In 1963, Hoagland co-founded CVS Health along with business partners Stanley and Sidney Goldstein. [5] Hoagland was the owner of the Orson Welles Complex [6] during the 1960s and 1970s. Hoagland died [7] on January 17, 2020 [4] of posterior ...
Goldstein was born in Woonsocket, Rhode Island. He attended the Wharton School of the University of Pennsylvania, graduating in 1955. [3] He served in the United States Army. [4] In 1963, Goldstein co-founded CVS Health along with his brother Sidney and business partner Ralph P. Hoagland III. [5]
The company is the world's second largest healthcare company, behind UnitedHealth Group. In 2023, the company was ranked 64th in the Forbes Global 2000. [3] [4] CVS started in Lowell, Massachusetts by brothers Stanley and Sidney Goldstein and their partner Ralph Hoagland. [5] The name stood for Consumer Value Stores.
One example – in 1969, to help CVS grow, the company merged with Melville Corporation, which owned many unrelated retail chains including Marshall’s, which later was bought by T.J. Maxx ...
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CVS Pharmacy is currently the largest pharmacy chain in the United States by number of locations (over 9,600 as of 2016) and total prescription revenue. [8] [5] [9] Its parent company ranks as the fifth largest U.S. corporation by FY2020 revenues in the Fortune 500 . [4]
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CVS’s Net Worth. $247.55 Billion. About CVS. Headquarters. Woonsocket, Rhode Island. Year Founded. 1963. CEO Karen S. Lynch’s Salary (2021) $1.45 Million.