design:retail | CVS to Acquire Medicine Chest Pharmacy Locations

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CVS to Acquire Medicine Chest Pharmacy Locations
December 17, 2012

Woonsocket, R.I.-based CVS Caremark Corp. will acquire 19 Medicine Chest drugstores in Texas. CVS/pharmacy will operate nine of the acquired locations and will relocate 10 other Medicine Chest pharmacies into nearby existing CVS/pharmacy locations. Medicine Chest will continue to operate its remaining 10 locations. Currently, CVS Caremark operates more than 7,400 stores under the CVS/pharmacy and Longs Drug banners.