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   Why did Stanley Goldstein start CVS?

   • When Stanley Goldstein started a new business with his brother, Sidney, and a friend, Ralph Hoagland, he picked a name that he thought said it all, “Consumer Value Stores”—CVS. The main idea of success in business, Goldstein thought, was to be aware at all times what consumers wanted and to give them value in the process.

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

   magazine.wharton.upenn.edu/issues/anniversary-issue/reinventing-health-and-beauty-retail-stanley-goldstein-w55/

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   When did CVS start?

   • The first Consumer Value Store opened in Lowell, Massachusetts, in 1963, according to the company's website. CVS was founded by brothers Stanley and Sidney Goldstein and partner Ralph Hoagland. At its inception, the retailer mainly sold health and beauty products. CVS, WALGREENS, RITE AID CLOSING STORES: A BRICK AND MORTAR DOWNFALL?

   The history of CVS: How the company went from small retailer to

   www.foxbusiness.com/business-leaders/history-cvs-massachusetts-retailer-leading-health-solutions-company

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   Why did John Goldstein leave CVS?

   • The main idea of success in business, Goldstein thought, was to be aware at all times what consumers wanted and to give them value in the process. 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.

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

   magazine.wharton.upenn.edu/issues/anniversary-issue/reinventing-health-and-beauty-retail-stanley-goldstein-w55/

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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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   How many Goldstein stores did he own?

   • Mr. Goldstein was frequently described as informal and no-nonsense — much like the airy, brightly lit outlets that he, a brother and a third founder opened in 1963 to sell cut-price toothpaste, aftershave, Band-Aids and other personal care products. When he retired as chief executive in 1998, the company had more than 4,000 stores.

   Stanley Goldstein, Who Helped Make CVS a Pharmacy Giant, Dies at 89

   www.nytimes.com/2024/05/27/business/stanley-goldstein-dead.html

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   Did a CVS store ever change Stanley's down-to-earth nature?

   • When he and his brother Sid created CVS in 1963, drugstores basically didn’t exist. Most health and beauty items were sold in grocery aisles. Stanley helped change that. But speaking about him Tuesday, his wife, Merle, and sons Larry and Gene told me that never changed Stanley’s down-to-earth nature.

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

   en.wikipedia.org › wiki › Stanley_P

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   In 1963, Goldstein co-founded CVS Health along with his brother Sidney and business partner Ralph P. Hoagland III. [5] Goldstein was chairman [6] and chief executive officer of Melville [7][8] during the 1980s and 1990s.

3. 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...

4. www.foxbusiness.com › business-leaders › history-cvsThe history of CVS: How the company went from small retailer ...

   www.foxbusiness.com › business-leaders › history-cvs

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   Jul 14, 2024 · 1. Early beginnings. The first Consumer Value Store opened in Lowell, Massachusetts, in 1963, according to the company's website. CVS was founded by brothers Stanley and Sidney Goldstein and...

5. 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...

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

   magazine.wharton.upenn.edu › issues › anniversary

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   CVS quickly grew to a chain of three dozen stores before the Melville Corp., a specialty retailing chain run by Francis A. Rooney Jr., W’43 (see p. 58), acquired it for $12 million in 1969. Goldstein stayed on as president, and in 1987, became CEO of Melville.

7. Videos

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     CVS Health founder Stanley Goldstein dies

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     CVS Health founder Stanley Goldstein dies

     23 May 2024

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     Why CVS Thinks It Can Revolutionize Health Care

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     147.9K views

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

   www.company-histories.com › CVS-Corporation

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   The first Consumer Value Store opened in Lowell, Massachusetts, in 1963 as a discount health and beauty aid store in which customers bagged their own merchandise. It was founded by brothers Sid and Stanley Goldstein and Ralph Hoagland. The CVS name was first used in 1964, by which time the founders were running a 17-store chain.

9. www.nytimes.com › stanley-goldstein-deadStanley Goldstein, Who Helped Make CVS a Pharmacy Giant, Dies ...

   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 signs...