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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...
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 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...
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.
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...
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.
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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.