CVS 1999 Annual Report Download - page 2

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Please find page 2 of the 1999 CVS annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

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1999 --- Another Outstanding Year
• Our total sales climbed 18.5 percent
to $18.1 billion. Same-store sales
increased 12.5 percent, while
pharmacy same-store sales rose
19.4 percent.
• CVS once again filled more
prescriptions than any other retailer
in America, dispensing a record 281
million prescriptions.
• We opened a record 433 new and
relocated CVS/pharmacy stores, and
12 CVS ProCare stores.
• We aggressively launched our specialty
pharmacy business, CVS ProCare, in
this $14 billion fast-growing segment
of the pharmacy market.
• The first major “clicks and mortar”
pharmacy in America was created
when we purchased Soma.com and
rebranded it CVS.com.
• We continued to improve our return
on invested capital with inventory
turns increasing to 4.0x per year.
• CVS has the #1 market share in 30 of
the top 100 U.S. drugstore markets ---
more than any other drugstore chain.
• CVS cared for 2.5 million customers
per day in 1999.