CVS/Revco combination would form largest East Coast chain with about 4,000 outlets.
This article was originally published in The Tan Sheet
Executive Summary
CVS/REVCO COMBINATION WOULD BE LARGEST EAST COAST CHAIN with about 4,000 outlets in the Eastern and Midwestern U.S. The CVS/Revco combination would be substantially larger than Rite Aid, which has 2,800 stores in its Eastern region. CVS and Revco confirmed Jan. 27 that they are in negotiations for a merger, although no definitive agreement has been announced.