Investor Presentaiton
North American CVS Business Strategy
(Synergy with Speedway)
Further increase synergy benefits (assumed synergies in the third year)
At time of August 2020
announcement
$475M-
$575M
Merchandise
Utilize economies of
scale
Integrate Fuel logistics
Integrate digital
strategies
"
"
"
"
At time of July 2021
announcement
$525M-
$625M
At time of October 2021 announcement
$600M-$650M
(From May 2023 to April 2024)
Expand lineup of products, PBs and fresh
food
· Reduce costs and improve gross profit
· Expand store maintenance function in-house
• Optimally integrate store systems
Optimize transportation and logistics.
network and fuel supply
• Expand 7NOW to Speedway stores
· Integrate loyalty program.
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Synergy component
breakdown
Fuel logistics
Integrate digital strategy
conomies of
scale
Merchandise
Approx.60%
SEVEN&I HOLDINGS
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