Retail

600 HealthHUBs will be opened by the end of 2020

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CVS Health CEO Larry Merlo told CNBC Monday that the health retailer is on track to meet its goal of rehabbing more than one thousand of its stores and said the chain is seeing positive early results.

CVS launched three of its HealthHUB concept stores in the Houston, Texas region near the end of 2018 and expanded the program to 50 locations in four markets by the end of 2019, he said. Hundreds more are scheduled to be overhauled by the end of 2020.

“We’re really excited about what we’re seeing from the consumers. The acceptance, the interest that is growing with our clients,” Merlo said in a sit-down interview with Jim Cramer on “Mad Money.” “We’ve made a commitment to have about 600 hubs…



Source cnbc.com

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