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In 1963, Goldstein co-founded CVS Health along with his brother Sidney and business partner Ralph P. Hoagland III. Goldstein was chairman and chief executive officer of Melville during the 1980s and 1990s. Goldstein died from cancer at his home in Providence, Rhode Island, on May 21, 2024, at the age of 89. References
Ralph Pratt Hoagland III (August 1, 1933 – January 17, 2020) was an American businessman. Life and career. Hoagland was born in Boston. He attended Princeton University and Harvard Business School. In 1963, Hoagland co-founded CVS Health along with business partners Stanley and Sidney Goldstein.
The first Consumer Value Store (CVS), selling health and beauty products, was founded in 1963, in Lowell, Massachusetts, by brothers Stanley and Sidney Goldstein and Ralph Hoagland. By 1964, CVS had 17 stores that sold primarily beauty products.
May 27, 2024 · Stanley P. Goldstein, who in the early 1960s helped start a retail chain named Consumer Value Stores, which, after shortening its name to CVS — because, he said, fewer letters meant cheaper...
Jun 1, 2024 · It was only after his brother Sidney asked for his help that Goldstein returned to brainstorm ways to revive the ailing business with Ralph Hoagland, a former Procter & Gamble salesman who...
Jul 1, 2007 · When Stanley Goldstein started a new business with his brother, Sidney, and a friend, Ralph Hoagland, he picked a name that he thought said it all, “Consumer Value Stores”—CVS. The main idea of success in business, Goldstein thought, was to be aware at all times what consumers wanted and to give them value in the process.
May 28, 2024 · Stanley Goldstein, who helped turn a single store of health and beauty items — with a bag-your-own-purchases option to save a few cents — into the CVS retail and health-care empire whose annual...
