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Melville Corporation was a large retail holding company incorporated by Ward Melville in 1922 from Melville Shoe Company. Formerly based in Rye, New York , it became CVS Corporation in 1996 under a massive reorganization plan.
Company/Organization Sector Local Full-time Employment The State of Ohio: Government: 26,037 Ohio State University: Public Education: 17,361 United States Government
Standard Drug Company – was part of Melville Corporation; SupeRx – Kroger created the first SupeRx store in 1961 with most stores next door or very close to existing Kroger stores [75] [76] Thrift Drug – merged into Eckerd after J.C. Penney bought Eckerd; Thrifty PayLess – acquired by Rite Aid in 1996
In 1970, Manhattan Supply Company was acquired and, in 1998, moved its headquarters to Melville, New York, on Long Island. The company currently operates from five regional Customer Fulfillment Centers and 12 [4] branch offices. [5] In 1997 MSC acquired Enco Manufacturing Company. [6]
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. 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.
Chess King was an American men's clothing retailer created by the Melville Corporation. From its founding in 1968, it grew to over 500 locations by the mid-1980s, before an eventual decline, sale, and closure of the chain in 1995.
In May 1993, it purchased the Chess King clothing chain from the Melville Corporation. [4] It filed for Chapter 11 bankruptcy in 1994 and began liquidation sales by February 1996. [5] At its end, the company operated just over 500 locations, [3] primarily in enclosed malls. [1]
The Melville Shoe Corporation was a Harrison, New York-based [1] shoe company.. Founded by Frank Melville in 1892, [2] the company was incorporated in 1916. From its inception through 1923 it never had an unprofitable year, and paid dividends on preferred stock from 1916 to 1923.