CVS acquires Schnuck retail and speciality pharmacy business

CVS Pharmacy signs an agreement to acquire Schnuck Markets retail and speciality pharmacy business.

“We have great admiration for Schnuck and believe CVS Pharmacy can bring additional clinical services to its customers. One of CVS Health’s strategic imperatives is to be local. By opening CVS Pharmacy locations within Schnucks stores, we’re increasing access to high quality care and meeting customers where they are. Schnucks is a best-in-class grocer and we’re honored to partner with them to bring our best-in-class pharmacy capabilities to their customers.”

Jon Roberts, CVS Vice President and COO

CVS will rebrand and operate 99 Schnucks pharmacies within its grocery stores.