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Is CVS owned by Target?

Emily
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CVS and Target are two of the largest retailers in the United States. CVS is a pharmacy chain and Target is a general merchandise store. Both companies are publicly traded on the stock market, and both have their headquarters in Minnesota.

So, is CVS owned by Target? The answer is no. CVS is its own company, with its own board of directors and CEO.

However, the two companies have a close relationship. Target has its own pharmacies in some of its stores, but it also has a partnership with CVS. Under this partnership, CVS operates pharmacies in some Target stores. This arrangement began in 2006 and was expanded in 2011.

While CVS and Target are not owned by the same company, they do have a close relationship through their partnership. This partnership allows both companies to offer more services to their customers and expand their reach across the United States.

Conclusion: No, CVS is not owned by Target. The two companies have a close relationship through their partnership though.

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Emily
Emily is a content researcher who is passionate about finding and sharing information. She has a keen eye for detail and enjoys delving into the depths of a topic to find the most interesting and relevant information.
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