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1. • • Goldstein stayed on as president, and in 1987, became CEO of Melville. He soon determined that Melville’s expansion had become unwieldy. He sold off or closed all but CVS, eventually shedding the Melville name as well.
     magazine.wharton.upenn.edu/issues/anniversary-issue/reinventing-health-and-beauty-retail-stanley-goldstein-w55/

     Reinventing Health and Beauty Retail: Stanley Goldstein, W’55

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   Why did Goldstein leave CVS?

   • Stanley continued as president of CVS, rising to chair the entire group in 1987, but slowing growth put Melville under shareholder pressure. Analysts told the Wall Street Journal in 1995 that Goldstein’s “laid-back, professorial approach” was too detached.

   Stanley Goldstein, retail magnate, 1934-2024

   www.ft.com/content/35f6f0c2-44a9-4239-b993-ce14d161f4a6

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   Did Stanley Goldstein create CVS?

   • Stanley Goldstein helped create CVS. Here's why his family says he won't be forgotten.

   CVS founder Stanley Goldstein remembered for not being afraid of risk

   www.providencejournal.com/story/news/columns/2024/05/22/cvs-founder-stanley-goldstein-remembered-for-not-being-afraid-of-risk/73796623007/

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   When did CVS transform into a drug store?

   • In 1969, CVS, which was previously a drug store chain, was acquired by Melville Corporation and soon became the conglomerate’s dominant retail establishment.

   Stanley P. Goldstein - Leadership - Harvard Business School

   www.hbs.edu/leadership/20th-century-leaders/details?profile=stanley_p_goldstein

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   What happened to CVS?

   • In terms of revenues, however, it ranked number two behind Walgreen Co. CVS, in the meantime, sold the last of its non-drugstore units in November 1997 when it sold Bob's Stores to a management-led group. In early 1998 Ryan was named president and CEO of CVS, with Goldstein remaining chairman.

   CVS Corporation -- Company History

   www.company-histories.com/CVS-Corporation-Company-History.html

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   Who is Stanley Goldstein?

   • Here's why his family says he won't be forgotten. Stanley Goldstein, a kid from Woonsocket who grew up humbly and founded a tiny company called Consumer Value Stores that grew into the gigantic CVS Health corporation, sadly left us Tuesday afternoon at his Providence home at age 89 after being diagnosed with cancer a month ago.

   CVS founder Stanley Goldstein remembered for not being afraid of risk

   www.providencejournal.com/story/news/columns/2024/05/22/cvs-founder-stanley-goldstein-remembered-for-not-being-afraid-of-risk/73796623007/

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   What happened to CVS in 1999?

   • 1999: Goldstein retires as chairman of CVS; Thomas M. Ryan succeeds him as chairman and CEO; Soma.com, the first major online pharmacy, is acquired and is rebranded CVS.com; CVS ProCare, a chain of specialty pharmacies, is launched to serve patients with chronic diseases and conditions.

   CVS Corporation -- Company History

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3. www.nytimes.com › stanley-goldstein-deadStanley Goldstein, Who Helped Make CVS a ... - The New York Times

   www.nytimes.com › stanley-goldstein-dead

   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...

4. magazine.wharton.upenn.edu › issues › anniversaryReinventing Health and Beauty Retail: Stanley Goldstein, W’55

   magazine.wharton.upenn.edu › issues › anniversary

   • Cached

   Goldstein stayed on as president, and in 1987, became CEO of Melville. He soon determined that Melville’s expansion had become unwieldy. He sold off or closed all but CVS, eventually shedding the Melville name as well.

5. www.providencejournal.com › story › newsStanley Goldstein helped create CVS. Here's why his family ...

   www.providencejournal.com › story › news

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   May 22, 2024 · Stanley Goldstein, a kid from Woonsocket who grew up humbly and founded a tiny company called Consumer Value Stores that grew into the gigantic CVS Health corporation, sadly left us Tuesday...

6. www.company-histories.com › CVS-CorporationCVS Corporation -- Company History

   www.company-histories.com › CVS-Corporation

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   1999: Goldstein retires as chairman of CVS; Thomas M. Ryan succeeds him as chairman and CEO; Soma.com, the first major online pharmacy, is acquired and is rebranded CVS.com; CVS ProCare, a chain of specialty pharmacies, is launched to serve patients with chronic diseases and conditions.

7. en.wikipedia.org › wiki › Stanley_PStanley P. Goldstein - Wikipedia

   en.wikipedia.org › wiki › Stanley_P

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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]

8. www.ft.com › content › 35f6f0c2-44a9-4239-b993-ce14dStanley Goldstein, retail magnate, 1934-2024 - Financial Times

   www.ft.com › content › 35f6f0c2-44a9-4239-b993-ce14d

   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...

9. www.hbs.edu › detailsStanley P. Goldstein - Leadership - Harvard Business School

   www.hbs.edu › details

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   In 1969, Goldstein’s drug store chain, CVS, was acquired by Melville Corporation and soon became the conglomerate’s dominant retail establishment. Goldstein took the reins of Melville in 1987 and began a total restructuring program transforming the company from a loose-knit group of retail establishments into an industry-focused healthcare ...