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Stanley Goldstein, who helped turn a single store of health and beauty items — with a bag-your-own-purchases option to save a few cents — into the CVS retail and health-care
From a single store in Massachusetts in 1963, CVS has grown into a health-care giant with more than 9,000 locations.
With his brother Sidney and a third partner, Ralph Hoagland, Goldstein started the health-care conglomerate, now with revenues of more than $350 billion, at a single, open-layout store in Lowell.
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Drug chains are losing prescription market share to online competition, and many are closing stores. Is CVS’s plan to implement transparent drug pricing the elixir?