BALTIMORE, May 6, 2015 /PRNewswire/ -- CVS Health (NYSE:
CVS) officially announced today that it will rebuild its
CVS/pharmacy Baltimore locations
that sustained heavy fire damage during protests last
week.
"As we watched the events unfold in Baltimore over the past week or so, our hearts
turned from pain to the promise of what is ahead," said CVS Health
President and CEO Larry Merlo. "Our
purpose as a company is helping people on their path to better
health. There is no better way that we can fulfill that purpose
than to reopen our doors and get back to serving the community. It
is simply the right thing to do."
Merlo added, "We have a long history of serving inner city
communities and we are 100 percent committed to serving our
patients and customers in Baltimore. We can't tell you today
exactly when we will reopen, but we are working diligently to make
it as soon as possible for the people of Baltimore. Already our colleagues have been
stepping up to welcome customers to our other locations and I am
very proud of all they have done to stand tall and continue to
serve."
CVS/pharmacy has been serving customers in Baltimore since the mid-1990s where it now has
nearly 30 stores and more than 500 employees. The two CVS/pharmacy
locations that will be rebuilt are located at 2509 Pennsylvania
Avenue and 2560 West Franklin Street.
As a further sign of its commitment to helping the community
recover and thrive, CVS Health Foundation made a $100,000 donation to the United Way of Central
Maryland "Maryland Unites Fund" and the Baltimore Community
Foundation "Fund for Rebuilding Baltimore." These funds will help
provide immediate and longer-term support to people in hard-hit
areas and give those communities much-needed resources.
To help minimize the financial impact of the store closings for
its Baltimore employees,
CVS/pharmacy paid them for their regularly scheduled hours the week
of the protests, whether or not they were able to work. All of the
displaced employees who want to work in other CVS/pharmacy
locations will be able to do so.
"The focus now must return to doing what we do best in
fulfilling the needs of daily life – food, medicine and pharmacy
care," Merlo concluded.
About CVS Health
CVS Health (NYSE: CVS) is a pharmacy
innovation company helping people on their path to better
health. Through its 7,800 retail drugstores, nearly 1,000
walk-in medical clinics, a leading pharmacy benefits manager with
more than 70 million plan members, and expanding specialty pharmacy
services, the Company enables people, businesses and communities to
manage health in more affordable, effective ways. This unique
integrated model increases access to quality care, delivers better
health outcomes and lowers overall health care costs. Find
more information about how CVS Health is shaping the future of
health at www.cvshealth.com.
Media Contacts:
Carolyn Castel
Corporate Communications
(401) 770-5717
Carolyn.Castel@CVSHealth.com
Mike DeAngelis
Corporate Communications
(401) 770-2645
mjdeangelis@cvs.com
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SOURCE CVS Health