Magazine Article | February 22, 2011

Case Study: CVS Caremark Thwarts Theft With EAS

Source: Innovative Retail Technologies

By Erin Harris, Integrated Solutions For Retailers magazine

CVS Caremark is the largest pharmacy healthcare provider in the United States, and the company generates nearly $99 billion a year. As one of the country's largest pharmacy benefits managers (PBMs), CVS Caremark provides access to a network of more than 64,000 pharmacies, including approximately 7,100 CVS/pharmacy stores. Yet, CVS Caremark is no different from other companies in that its executives are constantly looking for ways to do more with less. And, according to Michael Silveira, VP loss prevention at CVS Caremark, that means finding areas where the company can drive efficiencies and work with the operations and merchandising departments to proactively develop better tactics to increase on-shelf availability of highvelocity merchandise, how to protect it, and how to better present it to CVS Caremark's customers.