Target sells pharmacies to CVS Health


BOARDMAN — Target will sell its pharmacy and clinic businesses to CVS Health in the latest twist behind a push from big retailers to become all things to all customers.

The nation’s second-largest drugstore chain will pay about $1.9 billion to run Target’s in-store health operations and expand what they offer for customers who have come to expect that they will be able to fill a prescription when they shop at Target.

Target customers will be able to use CVS Health programs that provide specialty drugs, a fast-growing slice of the pharmaceutical market, or help those with chronic conditions stay on their medications.

CVS Health customers who get prescriptions through the company’s Caremark pharmacy benefits management business also will be able to grab refills at Target stores.