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The company's California drugstore operations were enhanced through the early 1992 $60 million purchase of 85 CVS Stores (63 CVS Pharmacy drugstores and the rights to operate 22 CVS health and beauty aid stores) from the Melville Corporation. These stores converted to the Sav-on Drugs and Sav-on Express banners.
CVS Pharmacy Inc. is an American retail corporation. A subsidiary of CVS Health, it is headquartered in Woonsocket, Rhode Island. [6] Originally named the Consumer Value Stores, it was founded in Lowell, Massachusetts, in 1963.
CVS Health Corporation is an American for-profit healthcare company that owns CVS Pharmacy, a retail pharmacy chain; CVS Caremark, a pharmacy benefits manager; and Aetna, a health insurance provider, among many other brands.
FILE - The CVS Pharmacy logo is displayed on a store on Aug. 3, 2021, in Woburn, Mass. (AP Photo/Charles Krupa, File) (ASSOCIATED PRESS)
CVS Pharmacy Inc. is being sued by the U.S. Department of Justice for allegedly filling illegal prescriptions and seeking reimbursement from federal health care programs for unlawful medications.
The shopping center now houses a CVS Pharmacy, L.A. Fitness, T.J. Maxx, a grocery store, medical office & some smaller shops & restaurants.. On February 15, 2021, it was announced that Sears would be closing this location along with a standalone Kmart located North on Bellflower Blvd & Spring Street as part of a plan to close 34 stores nationwide.
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