2014

CVS/pharmacy to Acquire 19 Medicine Chest Pharmacy Locations in Texas 9 locations to be re-named CVS/pharmacy; 10 others to be relocated to existing CVS stores

Medicine Chest Will Continue to Operate 3 Long Term Care Pharmacies and 7 Retail Pharmacies

WOONSOCKET, R.I. and SULPHUR SPRINGS, Texas, Dec. 14, 2012 /PRNewswire/ -- CVS/pharmacy and Medicine Chest Pharmacy announced today that CVS will acquire 19 Medicine Chest drug stores in Texas during the last weekend of December. CVS/pharmacy will operate nine of the acquired locations and relocate ten other Medicine Chest pharmacies into nearby existing CVS/pharmacy locations. Medicine Chest will continue to operate its remaining ten locations.

(Logo: http://photos.prnewswire.com/prnh/20100816/NE50800LOGO)

"CVS/pharmacy is committed to helping people on their path to better health in our more than 550 Texas locations. By expanding our presence in the state through the acquisition of Medicine Chest's high quality pharmacies, we will offer our customers greater convenience and access to our services. We look forward to working with our new colleagues and taking care of our new customers' pharmacy needs," said Laura Underwood, Area Vice President, CVS/pharmacy.     

"Medicine Chest Pharmacy is proud to have served the Texas community since 1976 and it has been an honor to take care of our customers' pharmacy needs over the years," said Chad Michel, Chief Operating Officer, of Medicine Chest Pharmacy. "As we continue to focus on our long-term care pharmacies and our remaining retail locations, we believe CVS/pharmacy is the right partner that will maintain the same level of quality care in those markets we have divested.  CVS has worked very hard to make a smooth transition for our customers and employees.  Prescription and insurance information will be available at CVS seamlessly, with no interruption of services."   

The following Medicine Chest pharmacies will relocate their pharmacy business and transfer customer prescription records to the corresponding existing CVS/pharmacy stores on December 31.

City/Town

Medicine Chest Location                

CVS/pharmacy Location




Atlanta

Adock's Medicine Chest, 305 N. Williams St.

101 Loop 59 North

Azle

Murr's Medicine Chest, 232 W. Main St.

460 Northwest Pkwy.

Ennis

Ennis Medicine Chest, 718 W. Lampasas St.

605 W. Ennis Ave.

Greenville

McGaughey Medicine Chest, 3001 Joe Ramsey Blvd.

5010 Wesley St.

Liberty

Liberty Medicine Chest, 1909 Grand Ave.

2005 Highway 90

Livingston

Medical Ctr. Medicine Chest, 221 Eastwood Ave.

1500 W. Church St.

Marshall

Marshall Medicine Chest, 304 University Ave.

400 E. End Blvd. North

Mt. Pleasant

Mckellar's Medicine Chest, 609 N. Jefferson St.

601 S. Jefferson St.

Paris

Paris Medicine Chest, 662 Bonham St.

507 Clarksville St.

Sulphur Springs 

Nelson's Medicine Chest, 1065 Gilmer St.

1101 Gilmer St.

The following Medicine Chest Pharmacy locations will operate as CVS/pharmacy. Prescription services will continue to be available during the remodeling and renaming process.

Alvarado:

Alvarado Medicine Chest, 20 Highway 67

Bandera:

Braun Medicine Chest, 1202 Main St.

Elgin:

Elgin Medicine Chest, 1205 W. Highway 290

La Feria:

Neese Medicine Chest, 101 N. Main St.

Lindale:

Fleming Medicine Chest, 504 S. Main St.

Mineola:

Mineola Medicine Chest, 1616 N. Pacific St.

Rockdale:

Rockdale Medicine Chest, 1525 W. Cameron Ave.

Sulphur Springs:

Medicine Chest North, 1312 Church St.

Winnsboro:

Key Medicine Chest, 604 S. Main St.

About CVS/pharmacy

CVS/pharmacy, the retail division of CVS Caremark Corporation (NYSE: CVS), is America's leading retail pharmacy with more than 7,400 CVS/pharmacy and Longs Drug stores. CVS/pharmacy is reinventing pharmacy to help people on their path to better health by providing the most accessible and personalized expertise, both in its stores and online at CVS.com. General information about CVS/pharmacy and CVS Caremark is available at http://info.cvscaremark.com.

About Medicine Chest

Medicine Chest historically operated 26 retail stores and three long term care pharmacies all in Texas.  The company will continue to own and operate 7 retail pharmacies located in Clarksville, Mt Vernon, Quitman, Tyler, Orange and Bryan Texas.  The company, through its three long term care pharmacies located in Houston, Sulphur Springs and Bryan will continue to provide excellent service to long term care facilities including nursing homes and assisted living facilities throughout Texas.  Medicine Chest will continue to keep their focus on fast and friendly customer service while embracing their motto of "Making a Difference With Service!" More information is available at www.medicinechestrx.com.

MEDIA CONTACTS

For CVS/pharmacy:
Mike DeAngelis
michael.deangelis@cvscaremark.com
401-770-2645

For Medicine Chest:
Morgan Porter
press@medicinechestrx.com
903-951-5006

SOURCE CVS/pharmacy



RELATED LINKS
http://www.info.cvscaremark.com

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