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Bill Schiffner

CVS looks for investor to back new Oak Street clinics

CVS looks for investor to back new Oak Street clinics

CVS Health is been seeking a private equity partner to fund growth at Oak Street Health, a primary care provider the chain purchased a year ago, Bloomberg News reported on Thursday. CVS has been working with financial advisers to help find capital to back new clinics that will be opened by Oak

Target sales decrease in Q1, sees growth ahead

Target sales decrease in Q1, sees growth ahead

Target reported that first-quarter sales were down compared to last year, as it had projected. However, the company expects sales to turn positive in the second quarter and for the year as a whole. Comparable sales declined 3.7% in the first quarter, reflecting a comparable store sales decline of 4.