CVS Health has emerged as a pioneer in the pharmaceutical industry in the 21st century. With roughly 85% of Americans living within five miles of a CVS pharmacy, the company is the most profitable retail pharmacy in the U.S., observes Yahoo Finance.
While Rite Aid has a net worth of roughly $200 million and Walgreens is worth $30.52 billion, CVS’s net worth is a whopping $104.57 billion as of March 3. CVS came to dominate the retail pharmacy industry and beyond through ever-expanding operations fueled by acquisitions, mergers, and partnerships. Read more.
