Today, CVS Pharmacy is the biggest chain of pharmacies in the country. To get there, they merged with a few smaller chains.
In 1998, CVS acquired Arbor Drugs, based out of Michigan, which had done its share of corporate mergers since it opened in 1974. It had been five years since Arbor had been embroiled in a scandal over allegations of price gouging, contrary to this 1986 ad with actor William Schallert (ex-The Patty Duke Show, Dobie Gillis).
Today, CVS only charges more for other items, such as cough medicines, and in its downtown Troy location, it's mostly to help pay the rent on the space it's occupied for decades.
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