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CVS/pharmacy Buys 19 Medicine Chest Pharmacy Locales in Texas

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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.

"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 101 Loop 59 North St. Azle Murr's Medicine Chest, 232 W. Main St. 460 Northwest Pkwy. Ennis Ennis Medicine Chest, 718 W. Lampasas 605 W. Ennis Ave. St. Greenville McGaughey Medicine Chest, 3001 Joe 5010 Wesley St. Ramsey Blvd. Liberty Liberty Medicine Chest, 1909 Grand Ave. 2005 Highway 90 Livingston Medical Ctr. Medicine Chest, 221 1500 W. Church St. Eastwood Ave. Marshall Marshall Medicine Chest, 304 University 400 E. End Blvd. Ave. North Mt. Pleasant Mckellar's Medicine Chest, 609 N. 601 S. Jefferson St. Jefferson St. Paris Paris Medicine Chest, 662 Bonham St. 507 Clarksville St. Sulphur Springs  Nelson's Medicine Chest, 1065 Gilmer 1101 Gilmer St. 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.

Posted-In: News M&A

 

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