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CVS Health (Ethics (2) CVS Health stopped selling tobacco products at…
CVS Health
Ethics
2) CVS Health stopped selling tobacco products at their stores in conjunction with rebranding to be more health-centric (
https://www.forbes.com/sites/walterloeb/2015/12/18/why-cvs-health-new-initiatives-are-a-winning-strategy/#790ad9246d42
)
1) If CVS Health is marketed as a healthy brand, is it ethical for them to sell candy and profit off of it and other products that can have adverse health implications? (
https://www.fool.com/investing/general/2016/05/24/15-numbers-from-cvs-health-that-blew-me-away.aspx
)
3) CVS accused of overcharging customers on their drug purchases (
https://www.chuckgallagher.com/cvs-bad-ethics-in-the-pharmacy/
)
Strategy
2) CVS Health Foundation increases access to health care across the country with $1 million in new grants (
https://cvshealth.com/social-responsibility/corporate-social-responsibility/planet-in-balance-environmental-sustainability
)
3) CVS Health changed its name at the same time they removed tobacco products from their stores (
https://www.fool.com/investing/general/2016/05/24/15-numbers-from-cvs-health-that-blew-me-away.aspx
)
1) CVS Health acquired Target pharmacies (
https://www.fool.com/investing/general/2016/05/24/15-numbers-from-cvs-health-that-blew-me-away.aspx
)
Change
3) CVS Health has changed stores to focus on beauty(
https://www.forbes.com/sites/walterloeb/2015/12/18/why-cvs-health-new-initiatives-are-a-winning-strategy/#790ad9246d42
)
2) CVS added "Health" to its name (
http://www.healthleadersmedia.com/leadership/behind-cvs-health-rebranding-strategy
)
1) CVS Health removed all tobacco products from their stores, costing them over $2 billion in sales (
https://www.forbes.com/sites/walterloeb/2015/12/18/why-cvs-health-new-initiatives-are-a-winning-strategy/#790ad9246d42
)
Globalization
2) CVS is looking to acquire an 80% stake in Onofre, the largest pharmacy chain in Brazil (
https://www.drugstorenews.com/article/ready-globalization-drug-retailing/
)
3) CVS Health incorporates multicultural products and services online and in stores
https://cvshealth.com/about/diversity/multicultural-products-and-services
)
1) CVS Health has 246,000 employees in the US and other countries such as Puerto Rico and Brazil, and is looking to expand (
https://cvshealth.com/about/facts-and-company-information
)
Innovation
2) CVS Health is looking into ways to integrate Apple Watches into reaching their consumers (
https://hitconsultant.net/2016/02/08/cvs-health-goes-digital-to-help-its-customers-get-a-handle-on-their-health/
)
3) CVS Health created the Digital Innovation Lab to come up with the digital tools to be used by minute clinics that will benefit CVS Health consumers (
https://hitconsultant.net/2016/02/08/cvs-health-goes-digital-to-help-its-customers-get-a-handle-on-their-health/
)
1) CVS Health has added new, digital health tools to be used in their minute clinics (
https://hitconsultant.net/2016/02/08/cvs-health-goes-digital-to-help-its-customers-get-a-handle-on-their-health/
)
Culture
2) CVS Health is looking to prepare for a cultural demographic shift, incorporating products that appeal to the growing hispanic market (
https://www.forbes.com/sites/glennllopis/2015/04/25/cvs-health-prepares-its-business-for-the-cultural-demographic-shift/2/#38100499d0d5
)
3) CVS Health established VALOR, a national colleague resource group. VALOR works to support veterans and create a veteran-welcoming work environment.(
https://www.diversityinc.com/cvs-health
)
1) CVS Health incorporates multicultural products and services online and in stores
https://cvshealth.com/about/diversity/multicultural-products-and-services
)
Stakeholders
2) CVS Health wants to jhelp deliver the Nation's first tobacco-free generation, which benefits certain associations they partner with (
https://cvshealth.com/social-responsibility/csr-stakeholder-engagement
)
3) CVS Health has created Project Health as part of the company's effort to improve access to health care and ensure that cost is not a barrier to important preventive services, which benefits the community (
https://cvshealth.com/about/diversity/multicultural-products-and-services
)
1) CVS Health stock has increased dramatically, which benefits shareholders (
https://seekingalpha.com/article/4139056-cvs-health-dividend-will-keep-growing-sharply
)