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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 · 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...
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 customer focus and attention to detail of CVS co-founder Stanley Goldstein, who has died aged 89, are among the reasons why. What began with a pair of Consumer Value Stores in Massachusetts...
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. [7]
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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.
