© 2024 Connecticut Public

FCC Public Inspection Files:
WEDH · WEDN · WEDW · WEDY · WNPR
WPKT · WRLI-FM · WEDW-FM · Public Files Contact
ATSC 3.0 FAQ
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

CVS To Buy Target's Pharmacies For $1.9 Billion

CVS will pay $1.9 billion dollars to buy Target's 1,700 pharmacies and clinics. (jeepersmedia/Flickr)
CVS will pay $1.9 billion dollars to buy Target's 1,700 pharmacies and clinics. (jeepersmedia/Flickr)

CVS announced today that it will pay $1.9 billion to buy Target’s 1,700 pharmacies and clinics. The purchase will give CVS, the second largest drugstore chain in the country, a chance to expand into some new markets.

The deal will also allow Target to hand off its pharmacies, which had not been as profitable as its other retail departments. Here & Now’s Robin Young talks with with Jill Schlesinger of CBS News about the purchase.

Guest

Copyright 2021 NPR. To see more, visit https://www.npr.org.

Stand up for civility

This news story is funded in large part by Connecticut Public’s Members — listeners, viewers, and readers like you who value fact-based journalism and trustworthy information.

We hope their support inspires you to donate so that we can continue telling stories that inform, educate, and inspire you and your neighbors. As a community-supported public media service, Connecticut Public has relied on donor support for more than 50 years.

Your donation today will allow us to continue this work on your behalf. Give today at any amount and join the 50,000 members who are building a better—and more civil—Connecticut to live, work, and play.