When it comes to convenience, CVS has come to be an essential part of our lives. For those of us who rely on this store for its affordable products, pharmacy services, and photo prints, the letters ‘CVS’ have been burned into our minds. But in all likelihood, very few of us know what does CVS stands for.
CVS stands for Consumer Value Stores. This name was chosen by company founders Sid Goldstein and Ralph Hoagland when they opened their first store in Lowell, Massachusetts back in 1963. The duo believed that giving customers value was the key to success—and they were right! Since then, CVS has become one of America’s largest retail chains with over 9700 stores across the US.
The company’s focus was on providing its customers with the best value for their money. As the company grew and expanded, it began to focus more on the healthcare industry, offering not only retail products but also pharmacy services and other health services. Despite this shift in focus, the company decided to keep the CVS name as it was well-established and recognized by customers.
The CVS company also has a large online store, where customers can shop for a wide range of health and beauty products, including over-the-counter medications, vitamins, and supplements. In addition to traditional pharmacy services, CVS Pharmacy also offers a range of other health services, including health screenings, vaccinations, and prescription delivery. CVS Pharmacy is part of CVS Health.
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