Navigation Links
CVS Caremark Sponsors 2nd Annual Wake Forest Retail Innovation Challenge: Enhancing Seniors' Lives
Date:11/14/2013

WOONSOCKET, R.I., Nov. 14, 2013 /PRNewswire/ -- CVS Caremark (NYSE: CVS) announced today that it is sponsoring the 2nd Annual Wake Forest Retail Innovation Challenge, being held at the Wake Forest University School of Business in Winston-Salem, North Carolina, on November 14th and 15th.

(Logo: http://photos.prnewswire.com/prnh/20090226/NE75914LOGO)

The theme of this year's Retail Innovation Challenge is "Enhancing Seniors' Lives." With 10,000 people in the U.S. turning 65 years old every day, an age demographic that takes two to three times more prescriptions, on average, than those who are younger, CVS Caremark is in a unique position as a pharmacy innovation company to deliver solutions to better serve the aging population and to foster new ideas in the retail space to improve their lives.

"We are pleased to once again sponsor the Wake Forest Retail Innovation Challenge and participate in this event's spirit of collaboration to help develop new ideas to enhance the lives of our older customers," said Larry Merlo, president and CEO of CVS Caremark, who will deliver the keynote address on how the company is reinventing pharmacy for better health.  "Innovation is one of CVS Caremark's core values and it informs everything we do at our 7,600 CVS/pharmacy stores, more than 700 MinuteClinic medical clinics, and through our industry-leading pharmacy benefits management business to help people on their path to better health."       

The 2013 Retail Innovation Challenge is hosted by the Wake Forest University Center for Retail Innovation. Twenty-one student teams representing the best MBA and undergraduate programs in the nation will each have two minutes to pitch their best retail idea to enhance the lives of seniors. The best five innovation ideas will deliver a formal 30-minute presentation and the top three ideas will win cash prizes. 

Rob Price, senior vice president and chief marketing officer of CVS/pharmacy, will serve as one of the judges for the Innovation Challenge and will moderate a discussion panel, "Graymerica – Bracing for the Silver Tsunami," during the Wake Forest event.  Price is a member of the 2012 Class of the Henry Crown Fellowship Program at the Aspen Institute (http://www.aspeninstitute.org/leadership-programs/henry-crown-fellowship-program).  As part of this fellowship, Price is dedicating effort to unlocking new ideas to improve the lives of seniors.

"As our population ages, retailers must deliver breakthroughs for older Americans," said Price.  "CVS Caremark's sponsorship of the Wake Forest Retail Innovation Challenge is a unique opportunity to engage with some of the nation's best young minds on this journey."

"Collaborating with executives from our sponsor companies such as CVS Caremark and experts on aging gives the student teams a wonderful opportunity for hands-on experience in business planning and expressing the kinds of innovative ideas that will make a difference in the future of retail," said Roger Beahm, professor of marketing and executive director of the Wake Forest University School of Business Center for Retail Innovation. "We are excited to learn more from our student teams and reward the best ideas."

About CVS Caremark 

CVS Caremark (NYSE: CVS) is dedicated to helping people on their path to better health as the largest integrated pharmacy company in the United States. Through the company's more than 7,600 CVS/pharmacy stores; its leading pharmacy benefit manager serving more than 60 million plan members; and its retail health clinic system, the largest in the nation with more than 750 MinuteClinic locations, it is a market leader in mail order, retail and specialty pharmacy, retail clinics, and Medicare Part D Prescription Drug Plans. As a pharmacy innovation company with an unmatched breadth of capabilities, CVS Caremark continually strives to improve health and lower costs by developing new approaches such as its unique Pharmacy Advisor program that helps people with chronic diseases such as diabetes obtain and stay on their medications. Find more information about how CVS Caremark is reinventing pharmacy for better health at info.cvscaremark.com.

MEDIA CONTACT:
Mike DeAngelis
CVS Caremark
michael.deangelis@cvscaremark.com 
401.770.2645


'/>"/>
SOURCE CVS Caremark
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. CVS Caremark Charitable Trust Supports Relief Efforts in the Philippines with $50,000 Donation and Matches Colleague Contributions Up to $50,000
2. CVS Caremark Appoints Dr. William Shrank as Chief Scientific Officer and Chief Medical Officer, Provider Innovation and Analytics
3. CVS Caremark Reports Record Third Quarter Results
4. Philanthropic Grants, Product Launches, Promising Partnerships, and Customer Satisfaction Rankings - Research Report on CVS Caremark, Walgreens, McKesson, AmerisourceBergen, and Cardinal Health
5. CVS Caremark Research Finds New, More Accurate Method for Classifying Patient Medication Adherence Behaviors
6. CVS Caremark Uses Data to Combat National Prescription Drug Abuse Epidemic; Program Details Published in New England Journal of Medicine Online
7. CVS Caremark Hosts Grand Opening of State-of-the-Art Mail Service Pharmacy and Customer Center
8. CVS Caremarks Accordant Health Services Launches New Member-Focused Web Site
9. CVS Caremark Reports Record Second Quarter Results
10. CVS Caremark Announces Agreement in Principle with the Securities and Exchange Commission
11. CVS Caremark Corporation To Hold Second Quarter 2013 Conference Call
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/23/2016)... 2016 Research and Markets has announced ... report to their offering. ... a favourable commercial environment for MedImmune to enter. The US ... will serve to drive considerable growth for effective anti-influenza medications. ... cap sales considerably, but development is still in its infancy. ...
(Date:6/23/2016)... MOUNTAIN VIEW, Calif. , June 23, 2016 ... 9:00 a.m. CST on Thursday, July 7, 2016 , , ... kayla.belcher@frost.com ) , , , , EXPERT PANELISTS:  ... Sciences, Nitin Naik; Senior Industry Analyst, Christi Bird; Senior Industry Analyst, ... The global pharmaceutical industry is witnessing ...
(Date:6/23/2016)... , June 23, 2016  Astellas today announced the establishment of Astellas Farma Colombia (AFC), a new affiliate ... in Latin America . ... ... ... ...
Breaking Medicine Technology:
(Date:6/26/2016)... ... June 26, 2016 , ... Pixel Film Studios Released ProSlice Levels, a ... can give their videos a whole new perspective by using the title layers ... Film Studios. , ProSlice Levels contains over 30 Different presets to choose from. ...
(Date:6/26/2016)... ... June 26, 2016 , ... ... have been diagnosed with endometriosis. These women need a treatment plan to not ... comprehensive approach that can help for preservation of fertility and ultimately achieving a ...
(Date:6/25/2016)... (PRWEB) , ... June 25, 2016 , ... The temporary closing of Bruton Memorial Library ... City Observer , brings up a new, often overlooked aspect of head lice: the parasite’s ... for fumigation is not a common occurrence, but a necessary one in the event that ...
(Date:6/25/2016)... ... June 25, 2016 , ... As a lifelong Southern Californian, Dr. ... his M.D from the David Geffen School of Medicine at UCLA. He trained in ... to complete his fellowship in hematology/oncology at the UCLA-Olive View-Cedars Sinai program where he ...
(Date:6/25/2016)... Montreal, Canada (PRWEB) , ... June 25, 2016 , ... ... the pursuit of success. In terms of the latter, setting the bar too high ... low, risk more than just slow progress toward their goal. , Research from ...
Breaking Medicine News(10 mins):