CVS to Gain 80 Retail Clinic Locations In Target Deal

CVS to Gain 80 Retail Clinic Locations In Target Deal

In addition to boosting its core drugstore business, CVS is about to cement its position as the largest retail clinic operator. CVS said it will gain 80 retail health clinic locations as part of a proposed deal with Target announced June 15th. This might be an underreported detail in a deal of this size, but we think it’s significant. CVS has made it a goal to expand its provision of health services and to benefit from the indirect revenue clinics provide to the pharmacy operation. They now get ...