CVS 2004 Annual Report Download - page 18

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Please find page 18 of the 2004 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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CVS/pharmacy Retail Markets
don’t have a silver bullet to address all of today’s healthcare challenges, our
ability to offer flexible solutions for payors can help lead the way to improving
pharmaceutical healthcare in this country. Moreover, I believe that we can help
payors control costs without compromising patient care.
On behalf of the entire management team, you can trust that we will continue to
work hard around the clock, putting your capital to its best possible use. Thank
you for investing in CVS.
16
Expanding Our Reach
Five years ago, CVS/pharmacy stores filled prescriptions in 4,098 stores in 26 states
and the District of Columbia. Today, we fill prescriptions in 5,375 stores across
36 states and Washington, D.C. More than 1,300 stores—25 percent of our current
store base—were built or acquired in new territories over the past five years. They
have given us a substantial presence in some of America’s fastest growing markets.
Thomas M. Ryan
Chairman of the Board, President, and Chief Executive Officer
March 8, 2005