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Goldstein co-founded CVS Health
- In 1963, Goldstein co-founded CVS Health along with his brother Sidney and business partner Ralph P. Hoagland III.
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Why did Stanley Goldstein start CVS?
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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 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...
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...
Jun 1, 2024 · Goldstein stepped down as CVS chair in 1999 when the chain was already well on the way to ubiquity. Yet while the Rhode Islander was proud of his business achievements, his son Larry told the...
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.
Jul 14, 2024 · CVS was founded by brothers Stanley and Sidney Goldstein and partner Ralph Hoagland. At its inception, the retailer mainly sold health and beauty products.
In 1985 Stanley Goldstein, the CVS cofounder who joined Melville when his corporation was acquired by the shoe giant, succeeded Berland as president and took his place as heir apparent. The following year, Goldstein was named chairman and chief executive officer, replacing the retiring Rooney.
