SWOT Analysis: CVS Health

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CVS Health began in 1963 as Consumer Value Store in Lowell, Massachusetts by two brothers. Over the years, they began to purchase small drugstores throughout the northeast. By 1981, CVS had acquired more than 400 stores and in 1985 they hit the $1 billion-dollar sales mark (Hoovers, 2017). They continued to grow and the consolidation and acquisition of many smaller chain stores became much more frequent. In 2014, the company switched its name to CVS Health Corporation to encompass a broader dedication to healthcare. Currently, they have over 9,600 retail and specialty drugstores and are the nation’s #2 drugstore chain (Hoovers, 2017). CVS Health operates in multiple market sectors. The wholesale sector, the healthcare sector, and the retail

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