JOB DESCRIPTION

The Retail Front Store Strategy Internship is a 10-week full-time opportunity that starts on June 5, 2023 and will end on August 11, 2023.

The pay rate for this role is $55/hr. Please disregard the range listed.

At CVS Health, we are joined in a common purpose: helping people on their path to better health. We are working to transform health care through innovations that make quality care more accessible, easier to use, less expensive, and patient focused. Working together and organizing around the individual, we are pioneering a new approach to total health that puts people at the heart.

You will gain valuable work experience and participate in:

• Projects that contribute to the success of our business

• Community service activities

• Professional development workshops

• Mentorship and networking opportunities

• Interaction with senior leaders

And our corporate interns have an increased likelihood to receive an offer for a future role with CVS Health.

About this business area:

The Retail Front Store Strategy team stewards the development of the company’s long-term merchandising strategy while aligning with key priorities within total merchandising strategies. Our team also identifies and cultivates new business opportunities within the overall front-store strategy and develops partnerships with leading CPG suppliers to drive innovation and profitability.

Potential internship activities:

• Contributing directly to sales and margin goals in assigned category.

• Analyze profit and loss information for the category, develop sales and margin projections, and assist Category Manager in P&L reconciliation

• Analyze relevant data and incorporate findings and recommendations into Category Plans (i.e., optimal SKU mix; ExtraCare loyalty program; promotional programs) for merchandising programs Drive tactical execution of day-to-day plan activities (e.g., builds off-shelf plans, track promotional period, and perform post appraisal to take corrective action if necessary)

• Collaborate with an internal team of CVS professionals in Inventory, Pricing, Promotion, Finance, Store Brands, Store Design, and Store Operations

• Analyze sales records and inventory levels of current stock; seek new, alternative foreign and domestic suppliers

• Develop and maintain a strong understanding of current competition; searches out new competitive opportunities and makes recommendations.

• Keep abreast of changes in the market. Research customer product preferences, supplier prices and the competitive environment

• Explore and explain trends in sales, assortment, and customer behavior over time and analyze its implications on retail strategy

• Identify opportunities within pricing, promotion, and assortment to help meet sales and margin goals

PAY RANGE

The typical pay range for this role is:

• Minimum: 18.50

• Maximum: 33.65

Please keep in mind that this range represents the pay range for all positions in the job grade within which this position falls. The actual salary offer will take into account a wide range of factors, including location.

REQUIRED QUALIFICATIONS

• Meet educational requirements (see education section)

• 2+ years of professional work experience (Post undergrad)

PREFERRED QUALIFICATIONS

• Demonstrated leadership experience and initiative

• Strong analytical, critical thinking, problem-solving, and communication skills

• Previous consulting, healthcare, and or retail experience preferred but not required

EDUCATION

• You should currently be pursuing an MBA, MPH, MHA or other related MS degree

• Have an anticipated graduation date between September 2023 and August 2024

COVID-19 VACCINATION REQUIREMENT

CVS Health requires certain colleagues to be fully vaccinated against COVID-19 (including any booster shots if required), where allowable under the law, unless they are approved for a reasonable accommodation based on disability, medical condition, religious belief, or other legally recognized reasons that prevents them from being vaccinated.

You are required to have received at least one COVID-19 shot prior to your first day of employment and to provide proof of your vaccination status or apply for a reasonable accommodation within the first 10 days of your employment. Please note that in some states and roles, you may be required to provide proof of full vaccination or an approved reasonable accommodation before you can begin to actively work.

BUSINESS OVERVIEW

Bring your heart to CVS Health Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver. Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable. We strive to promote and sustain a culture of diversity, inclusion and belonging every day. CVS Health is an affirmative action employer, and is an equal opportunity employer, as are the physician-owned businesses for which CVS Health provides management services. We do not discriminate in recruiting, hiring, promotion, or any other personnel action based on race, ethnicity, color, national origin, sex/gender, sexual orientation, gender identity or expression, religion, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law. We proudly support and encourage people with military experience (active, veterans, reservists and National Guard) as well as military spouses to apply for CVS Health job opportunities.

At CVS Health, we are joined in a common purpose: helping people on their path to better health. We are working to transform health care through innovations that make quality care more accessible, easier to use, less expensive and patient-focused. Working together and organizing around the individual, we are pioneering a new approach to total health that puts people at the heart.