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The Newton Theater (now used as a CVS Pharmacy) is located at 3601 12th Street, Northeast, Washington, D.C., in the Brookland neighborhood. The Art Deco building was designed by John Jacob Zink and opened on July 29, 1937. [2] Zink is credited with more than 200 movie theater projects in this region. [3]
The building was vacant for approximately six years. In 2003, a developer announced plans for a CVS Pharmacy to occupy the former Woolworth store. The pharmacy would anchor a 43,000-square-foot (4,000 m 2) retail and office complex. The developer would demolish a neighboring brick building and connect it into the 109-111 South High building.
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 ]
Revco was sold to CVS Pharmacy for $2.8 billion ($4.94 billion in 2023) in February 1997. [1] When it was sold, the chain had over 2,500 stores. History.
CVS Health Corporation is an American for-profit healthcare company that owns CVS Pharmacy, a retail pharmacy chain; CVS Caremark, a pharmacy benefits manager; and Aetna, a health insurance provider, among many other brands.
Merlo began his career at Peoples Drug, and joined CVS Pharmacy in 1990, when Peoples was acquired by CVS.He served as senior vice president of stores (January 1994 to March 1998), Executive Vice President – Stores (March 1998 to January 2007), executive vice president of CVS Caremark (January 2007 to May 2010), president of CVS Pharmacy (January 2007 to January 2010), and chief operating ...
The company was acquired by CVS Health in September 2014 and is operated as a separate brand and business of CVS, headquartered in Miami, Florida. The company mainly operates in Miami-Dade and Broward Counties and currently has 28 stores. Navarro Discount Pharmacies has a 17% market share in South Florida, ahead of Walgreens and CVS/pharmacy. [1]
CVS Caremark (formerly Caremark Rx) (stylized as CVScaremark, previously CVS/caremark) is the pharmacy benefit management subsidiary of CVS Health, headquartered in Woonsocket, Rhode Island. Company history