Projo Biz Blog

CVS Caremark moves up list of retail revenue chart

12:40 PM Mon, Jul 07, 2008 |
By Paul Grimaldi    Email this author |   Email this entry

CVS Caremark Corp., of Woonsocket, is now the fourth-largest retailer in the United States, according to an annual survey by Stores Magazine, a publication of the National Retail Federation.

CVS landed in the number-four spot on the annual list of the nation's 100 largest retailers, based on revenue, because of the purchase last year of Tennessee-based Caremark Rx Inc. CVS had previously ranked ninth.

Discount behemoth WalMart retained the top spot on the Stores list, with supermarket chain Kroger Co. moving into the second spot, ahead of The Home Depot Inc. CVS drugstore rival Walgreen Co. ranked seventh and Supervalu Inc., the Minnesota-based parent of Shaw's Supermarkets, ranked 10th.

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