Top 10 Retail Companies in the World 2018

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2. CVS Pharmacy

CVS was originally named as Consumer Value Stores and was founded in 1963 in Lowell, Massachusetts.


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It is a subsidiary of health care company CVS Health and is headquartered in Woonsocket, Rhode Island. It is the largest pharmacy chain in US and its biggest competitor in this space is Walgreen Boots Alliance which has been ranked among the top according to Fortune 500 in 2016.

It has more than 9600 stores worldwide and has been ranked 7th largest US Corporation by Fortune 500 in 2016. CVS sells prescribed drugs, beauty products & cosmetics, seasonal merchandise, greeting card and medicines can be ordered online also through CVS.com. CVS.com attracted 26 million visitors annually by 2008. CEO Tom Ryan considers CVS as “Convenience, value & Service.” In year 2015, CVS acquired Targets pharmacy and retail clinic businesses which let CVS to expand its operations in Seattle, Denver, Salt Lake City and Portland. CVS acquired Eckerd drug stores, Eckerd Health Services and also fragmented store operations of supermarket chain Albertsons. It also acquired Minneapolis based largest retail-based health clinics “Minuteclinic”. It has been able to achieve sales figure of $177 Billion and able to mint profit of $5.3 Billion in the year 2017.

Sales (Billion): $177.00

Profit (Billion): $13.60



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