Stanley Goldstein, who helped build CVS drugstore empire
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
Stay updated with breaking news from Phillip Goldstein. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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.
Many individual investors have seen the value of their holdings drop, and are looking to bail out, drawing hedge funds.