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Life and career. 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]
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...
Stanley P. Goldstein. Melville Corporation. 1987–1998. Industry: Retail. Era: 1980. In 1969, Goldstein’s drug store chain, CVS, was acquired by Melville Corporation and soon became the conglomerate’s dominant retail establishment.
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.
Jun 1, 2024 · The co-founder of the CVS pharmacy chain oversaw its expansion from a pair of stores into a business behemoth. Under Stanley Goldstein’s leadership, CVS grew to have 9,000 outlets and more ...
By the time he retired from the board of CVS in 2006, it was the largest drugstore chain in the U.S. with more than 4,000 outlets. In 1963, though, the Goldstein brothers didn’t feel successful. Their health and beauty products distribution firm was barely breaking even.
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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...
