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CVS Corporation announced on February 9, 1998, that it would be purchasing Arbor Drugs in a transaction estimated at $1.48 billion (~$2.58 billion in 2023), and creating the largest chain drug retailer in the process. [5] Although most Arbor Drug locations were converted to CVS, several of these stores were later shuttered by the CVS Corporation.
CVS Pharmacy is currently the largest pharmacy chain in the United States by number of locations (over 9,600 as of 2016) and total prescription revenue. [ 8 ] [ 5 ] [ 9 ] Its parent company ranks as the fifth largest U.S. corporation by FY2020 revenues in the Fortune 500 . [ 4 ]
Hook's-SupeRx acquired the New England–based Brooks Pharmacy chain in 1988. [3] Hooks-SupeRx stores traded under three different names – Hook's Drug and SupeRx in the Midwest and Brooks Pharmacy in New England. Hook's-SupeRx was acquired by Revco in 1994. [1] Revco was subsequently acquired by CVS in 1997. Many former Hook's locations are ...
Metro Local line 240 runs along Reseda Boulevard. Reseda also crosses the G Line at its station located at its intersection with Oxnard Street.. Reseda Boulevard is a targeted Vision Zero corridor and is included in Mayor Eric Garcetti's Great Streets Initiative which calls for protected bicycle lanes, bus boarding islands, hybrid protected left turn signals and improved bus shelters.
Revco was sold to CVS Pharmacy for $2.8 billion ($4.94 billion in 2023) ... Revco, originally known as Registered Vitamin Company, [2] was founded in 1956 in Detroit ...
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CVS Pharmacy fills more than one of every five prescriptions in the United States, and 85% of U.S. population lives within 10 miles of a CVS Pharmacy. [44] The ExtraCare loyalty program boasts over 70 million cardholders, making it the largest retail loyalty program in the country. [45]
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