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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 ]
Revco was sold to CVS Pharmacy for $2.8 billion ($4.94 billion in 2023) in February 1997. [1] When it was sold, the chain had over 2,500 stores. History.
Peoples Drug became CVS/Pharmacy, which it is to this day. G.C. Murphy and Woolworth also closed; these stores later became Barnes & Noble and Tower Records, respectively. [citation needed] In 1996, Barksdale Theatre, Central Virginia's leading professional theatre, made The Shops at Willow Lawn its new home. The theatre still presents its ...
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CVS Caremark was founded as MedPartners, Inc. in 1993 in Birmingham, Alabama by several local businessmen as a physician practice management (PPM) company. [1] HealthSouth, New Enterprise Associates, and Richard M. Scrushy stepped in to provide the company with early financial backing.
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