CVS Health opens stores in shopping malls By the 1970s , CVS was running over 100 stores across the Northeast , especially following its acquisition of 84 Clinton Drug and Discount Stores . The brand , which started out as a single shop , transformed into a household name . In 1978 , CVS Health continued to stand out from its contemporaries by opening stores inside shopping malls .

750 stores As the AIDS crisis raged around them , CVS Health continued to support customers in meeting their health and beauty needs . Co-Founder Stanley Goldstein is named President and COO of the Melville Corporation , and then becomes chairman – running 750 stores by CVS Health ’ s 25th birthday , with sales of an astonishing US $ 1.6bn in 1988 .

CVS Health ’ s response to the COVID-19 pandemic While not responsible for creating vaccines , CVS Health was a familiar brand many looked to for answers during a frightening time . The company became America ’ s largest private provider of COVID-19 testing and donated US $ 50mn to support those in need due to the impact of the pandemic .

Reducing the ‘ tampon tax ’ In September last year , CVS Health announced that it would eliminate the ‘ tampon tax ’ in some states , reducing the costs of some menstrual products by 25 %. Michelle Peluso , CVS Health ’ s CCO , said she hoped that other businesses would be inspired to follow their example and help women on their path to better health .

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