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Historical highlights. 1963: The first Consumer Value Store selling health and beauty products is founded in Lowell, Massachusetts. A year later, the name is changed to CVS. 1967: Pharmacies within CVS stores are introduced in Cranston, Rhode Island. 1969: CVS is sold to Melville Corporation.
Originally named the Consumer Value Stores, it was founded in Lowell, Massachusetts in 1963. [7] The chain was owned by its original holding company Melville Corporation from its inception until its current parent company (CVS Health) was spun off into its own company in 1996.
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.
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.
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.
Jul 5, 2024 · The company was founded by Charles Valentine Storey in 1821, making it one of the oldest pharmacy chains in the country. Early Years Charles Valentine Storey was born in 1792 in Rhode...
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Jun 1, 2024 · The co-founder of the CVS pharmacy chain oversaw its expansion from a pair of stores into a business behemoth. Under Stanley Goldstein’s leadership, CVS grew to have 9,000 outlets and more ...