1999 — Another Outstanding Year

  • Our total sales climbed 18.5 percent to $18.1 billion. Same-store sales increased 12.5 percent, while pharmacy same-store sales rose 19.4 percent.

  • CVS once again filled more prescriptions than any other retailer in America, dispensing a record 281 million prescriptions.

  • We opened a record 433 new and relocated CVS/pharmacy stores, and 12 CVS ProCare stores.

  • We aggressively launched our specialty pharmacy business, CVS ProCare, in this $14 billion fast-growing segment of the pharmacy market.

  • The first major “clicks and mortar” pharmacy in America was created when we purchased Soma.com and rebranded it CVS.com.

  • We continued to improve our return on invested capital with inventory turns increasing to 4.0x per year.

  • CVS has the #1 market share in 30 of the top 100 U.S. drugstore markets — more than any other drugstore chain.

  • CVS cared for 2.5 million customers per day in 1999.

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copyright 1999 CVS/pharmacy, Inc.
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