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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
May 27, 2024 · 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...
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...
May 28, 2024 · 6 min. 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...
May 29, 2024 · With his brother Sidney and a third partner, Ralph Hoagland, Goldstein started the health-care conglomerate, now with revenues of more than $350 billion, at a single, open-layout store in...
May 24, 2024 · CVS Corporation co-founder Stanley P. Goldstein died May 21 at the age of 89. “All of us at CVS Health mourn the loss of Stan, who was a true business pioneer, an outstanding mentor, and a caring...
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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.