description CVS vs Walgreens Overview
CVS vs Walgreens compares two major U.S. pharmacy retailers whose stores combine prescription services with over-the-counter medicines, health products, personal care goods, and convenience retail. CVS began as Consumer Value Stores in Lowell, Massachusetts, in 1963, while Walgreens was founded in Chicago in 1901 by Charles R. Walgreen.
The comparison is useful for customers evaluating pharmacy access, store locations, retail selection, and associated health services.
help CVS vs Walgreens FAQ
When did CVS begin, and when did Walgreens begin?
CVS began as Consumer Value Stores in Lowell, Massachusetts, in 1963. Walgreens dates back to 1901, when Charles R. Walgreen opened the first store in Chicago.
Are CVS and Walgreens only pharmacies?
No, both combine prescription services with over-the-counter medicines, personal care products, health goods, and convenience retail. Their stores also compete through clinics, rewards programs, and pharmacy services.
Which company owns Aetna, CVS or Walgreens?
CVS Health owns Aetna, the health insurance company, after CVS Health completed its acquisition in 2018. Walgreens does not own Aetna and has a different corporate structure.
What is the main business difference between CVS and Walgreens?
CVS has built a broader health-care business around pharmacies, clinics, insurance, and pharmacy benefit management. Walgreens remains strongly associated with retail pharmacies and has also invested in health-care clinics and services.
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