One of the nation’s largest pharmacy health care companies will open its doors next month, company spokespeople announced Monday.
CVS Pharmacy will open its 13,000 square foot facility at the end of May, according to company spokespersons. The company will employ a staff of about 25 people. The new store will mark the first CVS pharmacy in the Valley. Up until recently, the closest store was in Corpus Christi.
“Texas has been a great market for us,” said Mike Deangelis, director of public relations for CVS. “We are not recession proof, we are recession resistant…with essential health products.”
The company is looking to expand its presence amid an area with significant population growth that also comprises the heart of CVS business, according to Deangelis.
CVS currently has more than 500 stores in Texas and will add between 250 to 300 stores in 2009, Deangelis said. New CVS pharmacies to the Valley include two in Brownsville, and one in McAllen this summer.
There has been “huge growth” in the the local economy amid new retail expansions in the city, according to the Edinburg Economic Development Corporation.
The EDC reports that Edinburg has generated over $1.14 million in local sales taxes for the month of March 2009. This figure is up 11 percent compared to slightly over $1 million that was generated in the same month in 2008.
The EDC recently announced the opening of Sears new 21,000 square foot facility in January adding about 4 new jobs from its onset. Also opening was Tractor Supply in March, adding 15 employees, and two new additions to the Shoppes at Rio Grande Valley including Ross and Lane Bryant.
CVS operates more than 6,300 locations across the country and serves more than 400 million customers.