CVS/pharmacy appt

August 23, 2011

US supermarket giant CVS has named Mark S. Cosby as the new President of its CVS/pharmacy division, which operates more than 7200 stores across the USA. 52-year-old Cosby moves from a senior role with US department store chain Macy’s. The appointment comes as CVS this week settled a US$2 million consumer lawsuit which alleged the company had engaged in false advertising and “price-scanning violations” - i.e. charging amounts greater than the lowest advertised price at some of its stores. CVS has not admitted wrongdoing but has agreed to pay over $1m in penalties and institute a “scanner accuracy program”.

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Pharmacy Daily | CVS/pharmacy appt

CVS/pharmacy appt

Other recent headlines

Mayne pushes Sun Pharma

Unscripted alcohol debate

LTR secures millions in capital raise

SEARCH PHARMACY DAILY

Featured video

Recent issues

INDUSTRY JOB VACANCIES