text: CVS Pharmacy250px250pxA newer concept of a CVS/pharmacy store in North Richland Hills, Texas, that opened in February 2016.FormerlyConsumer Value Store (1963–1996)TypeSubsidiaryIndustryRetailFoundedMay 8, 1963; 56 years ago (1963-05-08)Lowell, Massachusetts, United StatesFoundersStanley GoldsteinSidney Goldstein Hebreux JulesRalph HoaglandHeadquarters1 CVS Drive, Woonsocket, Rhode Island, United StatesNumber of locations9,800+ stores (May 2018)Area servedNationwideKey peopleAnthony Santomauro (Chairman)Larry Merlo (CEO)RevenueIncrease US$153.3 billion (2015)Operating incomeIncrease US$1.5 billion (2015)Net incomeIncrease US$9.5 billion (2015)OwnerMelville Corporation(1963–1996)CVS Health (1996–present)Number of employees240,000+ (2016)WebsiteCVS.comCVS Pharmacy is a subsidiary of the American retail and health care company CVS Health, headquartered in Woonsocket, Rhode Island.