CVS Will Expand Its Healthier Foods Initiative To More Than 2,900 Stores

CVS Health Corp. said Tuesday it was expanding its healthier foods and beverages initiative to more than 2,900 stores. This expands the pilot program of 500 stores launched in 2015, in which the drugstore chain curated a selection of better-for-you food brands. The company said starting this summer, about 25% of front checkout space will be dedicated to snacks including KIND bars, Larabars and Vega One bars, rather than traditional candies. Stores will also include displays supporting dietary preferences such as paleo, raw and vegan. The stock, which was still inactive in premarket trade, has lost 4.6% year to date, while the S&P 500 has gained 1.9%.

Copyright © 2016 MarketWatch, Inc.