CVS Pharmacy Locations Debut in Target Stores
The first CVS Pharmacy locations in Target stores have opened in the Charlotte, N.C., market. The store-within-a-store spaces are located in Hickory, Monroe, Morrisville, Raleigh, Matthews and Wesley Chapel.
In all, CVS Health plans to convert 1,672 Target pharmacies to CVS Pharmacy locations nationwide on a rolling basis over the next six to eight months to ensure no interruption of pharmacy services to customers.
“Our pharmacy care and clinic offerings, along with our innovative digital tools, will offer Target guests expanded wellness options and increased access to care,” said CVS Health President and CEO Larry Merlo, “In addition, having CVS Pharmacy in Target stores will expand the network of our pharmacies available to our CVS Caremark plan members and allow millions of new patients to utilize our unique suite of pharmacy programs, improving outcomes for patients and lowering costs for clients.”
“Target is committed to offering solutions for our guests as they prioritize making smarter choices for the overall health and wellbeing of themselves and their families,” noted Brian Cornell, chairman and CEO of the Minneapolis-based big-box retailer, which has 1,792 stores. “As the number of stores opening rebranded pharmacies and clinics grows, more and more guests will have access to CVS Health’s leading pharmacy care and clinical programs during their Target shopping experience. "
Eventually, each Target pharmacy will transition to a full CVS Pharmacy offering the complete range of services available at traditional CVS Pharmacy locations. The Maintenance Choice program is currently available in all Target pharmacies, while Specialty Connect will roll out as Target pharmacies convert to CVS Pharmacy locations. Pharmacy Advisor, a program in which CVS Caremark plan members receive face-to-face counseling when they fill prescriptions at CVS Pharmacy or by phone when they get their prescriptions by mail, will arrive at all Target CVS Pharmacy locations by the end of the year.
CVS has also launched a set of new digital tools, including the CVS Pharmacy app and CVS.com, which offer a series of services, as well as CVS Pharmacy’s ExtraCare loyalty program and opt-in ExtraCare Pharmacy & Health Rewards.
Last December, CVS Health acquired all Target pharmacies and retail clinics in 47 states. Going forward, a CVS Pharmacy will be included in all new Target stores offering pharmacy services and Target clinic locations will be rebranded as CVS MinuteClinic over the next six to eight months. The acquisition expands CVS Health’s pharmacy footprint by around 20 percent and its clinic footprint by about 8 percent. Further, consumers in several new markets, among them Seattle, Denver, Portland and Salt Lake City, will soon be able to visit a CVS Pharmacy for the first time, giving CVS Health a presence in every state except Wyoming.