CVS Enters Deal to Purchase, Rebrand Schnucks Pharmacies

April 1

CVS Pharmacy is expanding its co-branding efforts through a recently unveiled deal with Schnuck Markets Inc. by which it will acquire the company’s retail and specialty pharmacy businesses.

CVS, a subsidiary of CVS Health Corp., will acquire and operate 99 of the Midwest-based grocery chain’s pharmacies and rebrand them as CVS Pharmacy. The company also is purchasing the prescription files from 11 Schnucks pharmacies and transferring them to CVS Pharmacy locations. The stores are located in Illinois, Indiana, Iowa, Missouri and Wisconsin.

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Radar on Specialty Pharmacy

Angela Maas

Angela has an extensive background of editing, reporting and writing for trade and consumer publications. She has written Radar on Specialty Pharmacy since she joined AIS Health in 2005 and has broad knowledge of the various issues at play within the space. She also has written for Spotlight on Market Access since its 2017 launch. Before joining AIS Health, she was managing editor at Employee Benefit News and Employee Benefit News Canada and managing editor at Hem Aware (a hemophilia publication), Lupus Living and Momentum (a multiple sclerosis publication). She has a B.A. in English and an M.A. in British literature from Arizona State University.

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