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CVS Health's number of stores 2005-2019

This statistic depicts CVS Health's number of stores from 2005 to 2019. The CVS Health Corporation is a U.S. drug retailing company, with three major segments: Pharmacy Services, Retail/LTC, and Corporate. CVS Health is headquartered in Woonsocket, Rhode Island. In 2019, the company's total number of stores was nearly 10 thousand. In 2014, the company changed its name from CVS Caremark to CVS Health.

CVS Health key facts

CVS Health has steadily increased its number of stores in the last decade from 5,474 stores in 2005 to 9,941 stores in 2019. The company’s revenue has also steadily increased from 37 billion U.S. dollars in 2005 to almost 257 billion U.S. dollars in 2018. Around two thirds of the company’s revenue are generated from its pharmacy services while the rest is generated from its retail/LTC segment. The company has three main segments including Pharmacy Services, Retail/LTC, and Corporate. For example, CVS/Caremark is a pharmacy benefit management company, providing services to corporate, insurance, and other health plans. CVS pharmacies are also one of the leading drug store chains in the United States, with its stores located in over 40 states. CVS Health spent nearly 400 million U.S. dollars in advertising in 2019.

CVS Health originated when it was first established in 1979 in Irvine, California under the name “Caremark”. Recently, in September 3, 2014, the company changed its corporate name to CVS Health. Once CVS stood for Consumer Value Stores, but former CEO, Thomas Ryan, stated that he believed it now stood for, “Convenience, Value, and Service”. Additionally, the company holds several exclusive private labels at its stores, such as Just the Basics and Earth Essentials.

CVS Health's number of stores from 2005 to 2019

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Source

Release date

February 2020

Region

United States

Survey time period

2005 to 2019

Supplementary notes

This statistic was assembled from several annual reports.
All numbers are as of year-end.

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