Letisha Casey

Written by Letisha Casey

Modified & Updated: 02 Mar 2024

Jessica Corbett

Reviewed by Jessica Corbett

20-facts-about-cvs
Source: Reuters.com

When it comes to popular retail pharmacies, CVS is a household name. This well-known company has been a staple in the healthcare industry for decades, providing a wide range of services and products to millions of customers. Whether you’re in need of prescription medications, over-the-counter drugs, health and beauty products, or even grocery items, CVS has you covered.

In this article, we will dive into 20 fascinating facts about CVS. From its humble beginnings to its significant growth and impact on the healthcare landscape, there’s no denying the influence of this retail giant. So, whether you’re a loyal CVS customer or simply curious about the company’s history and achievements, grab a cup of coffee and get ready to learn some interesting tidbits about CVS.

Key Takeaways:

  • CVS, founded in 1963, has grown to be the largest pharmacy chain in the US, offering a wide range of products and services, including the popular ExtraCare rewards program and holistic healthcare options.
  • With a commitment to sustainability, community involvement, and innovation, CVS is more than just a pharmacy. From private-label products to COVID-19 vaccination efforts, CVS continues to shape the retail and pharmacy industries with its customer-centric approach.
Table of Contents

CVS was founded in 1963.

With its humble beginnings in Lowell, Massachusetts, CVS (Consumer Value Stores) started its journey as a small health and beauty store.

It is now the largest pharmacy chain in the United States.

CVS has grown exponentially over the years and currently operates over 9,900 stores across the country.

CVS offers a wide range of products.

From prescription drugs, over-the-counter medications, and personal care items to groceries, beauty products, and even photo services, CVS has it all.

The ExtraCare rewards program is one of the most popular loyalty programs in the retail industry.

With ExtraCare, customers can earn rewards and receive personalized discounts on purchases, making CVS a go-to destination for many shoppers.

CVS is committed to environmental sustainability.

The company has taken significant steps to reduce its carbon footprint by implementing energy-efficient practices, including reducing plastic bag usage and promoting recycling.

CVS started offering walk-in MinuteClinics in 2000.

MinuteClinics provide convenient and affordable healthcare services, including treatment for common illnesses, vaccinations, and wellness exams.

The CVS HealthHUB concept focuses on holistic healthcare.

HealthHUBs offer expanded services such as nutrition counseling, chronic disease management, and personalized care plans.

CVS has its own line of private-label products.

From beauty and skincare to household essentials, CVS has developed trusted private-label brands that offer quality products at affordable prices.

The company has acquired several other pharmacy chains over the years.

Notable acquisitions include Revco, Eckerd, and Longs Drug Stores, allowing CVS to further expand its reach and customer base.

CVS has a strong focus on community involvement.

The CVS Health Foundation supports various charitable organizations and initiatives, promoting health and wellness in local communities.

The company has embraced technology with its mobile app.

Customers can manage prescriptions, order refills, and even access digital coupons and deals through the CVS mobile app.

CVS has made efforts to combat the opioid crisis.

The company has implemented measures to prevent opioid abuse, including limiting prescription quantities and enhancing patient education.

CVS offers a range of healthcare services beyond medication.

These services include vaccinations, flu shots, smoking cessation programs, and comprehensive medication reviews.

The CVS Beauty Club rewards customers for their beauty purchases.

Members of the Beauty Club receive exclusive discounts and rewards on beauty products, further incentivizing customers to shop at CVS.

CVS was the first national retail pharmacy to ban tobacco sales.

In 2014, CVS took a groundbreaking step by removing tobacco products from its stores, aligning with its commitment to promoting health and well-being.

The company has a strong online presence.

Customers can easily access CVS services and shop online through the company’s website and mobile app.

CVS offers convenient prescription delivery options.

With services like CVS Pharmacy® Drug Delivery, customers can have their medications delivered right to their doorstep.

CVS partners with major healthcare providers and insurance companies.

These collaborations allow for seamless integration of healthcare services, making it easier for customers to access the care they need.

CVS supports military veterans and their families.

Through programs like the CVS Heroes Initiative, the company provides job opportunities and resources for veterans transitioning back to civilian life.

CVS is actively involved in COVID-19 vaccination efforts.

The company has played a crucial role in administering vaccines and expanding access to help combat the ongoing pandemic.

Conclusion

In conclusion, CVS is a well-known and highly popular company that has made a significant impact in the retail industry. Its commitment to healthcare, convenience, and customer service has driven its success and made it a trustworthy name for millions of customers across the United States. With a strong presence in both physical stores and online platforms, CVS continues to adapt and innovate to meet the evolving needs of its customers. Whether it’s providing essential health services or offering a wide range of products, CVS has positioned itself as a reliable and customer-centric company in the competitive retail landscape.

FAQs

1. What does CVS stand for?

CVS stands for Consumer Value Stores.

2. How many CVS stores are there?

As of 2021, there are over 9,900 CVS stores spread across the United States.

3. Does CVS offer prescription medications?

Yes, CVS is a leading provider of prescription medications and offers a wide range of pharmaceutical services.

4. Can I use my insurance at CVS?

Yes, CVS accepts most major insurance plans, including Medicare and Medicaid.

5. Does CVS have a loyalty program?

Yes, CVS has a loyalty program called ExtraCare, which offers exclusive discounts, rewards, and personalized deals to its members.

6. Does CVS offer COVID-19 testing and vaccinations?

Yes, CVS has played a crucial role in the COVID-19 pandemic by offering testing services and administering vaccines at select locations.

7. Can I order products online from CVS?

Yes, CVS has a user-friendly website and mobile app that allows customers to conveniently order products online for home delivery or in-store pickup.

8. What other services does CVS offer?

In addition to pharmacy services, CVS also provides photo printing, beauty products, over-the-counter medications, groceries, and health-related products.

9. Does CVS have a generic drug program?

Yes, CVS offers a wide range of affordable generic medications through its prescription savings program.

10. Does CVS have a corporate social responsibility program?

Yes, CVS is committed to corporate social responsibility and has initiatives in place to promote sustainability, diversity, and community involvement.

Was this page helpful?

Our commitment to delivering trustworthy and engaging content is at the heart of what we do. Each fact on our site is contributed by real users like you, bringing a wealth of diverse insights and information. To ensure the highest standards of accuracy and reliability, our dedicated editors meticulously review each submission. This process guarantees that the facts we share are not only fascinating but also credible. Trust in our commitment to quality and authenticity as you explore and learn with us.