

                                                                 EXHIBIT 23(e)

       [Donaldson, Lufkin & Jenrette Securities Corporation Letterhead]

                                  CONSENT OF
              DONALDSON, LUFKIN & JENRETTE SECURITIES CORPORATION

      We hereby consent to (i) the inclusion of our opinion letter, dated
February 6, 1997, to the Board of Directors of CVS Corporation ("CVS") as
Annex B to the Joint Proxy Statement/Prospectus which forms a part of the
Registration Statement on Form S-4 of CVS relating to the proposed merger of
North Acquisition Corp., a wholly-owned subsidiary of CVS, with and into Revco
D.S., Inc. and (ii) all references made to our firm and such opinion in such
Joint Proxy Statement/Prospectus.  In giving such consent, we do not admit
that we come within the category of persons whose consent is required under,
and we do not admit that we are "experts" for purposes of, the Securities Act
of 1933, as amended, and the rules and regulations promulgated thereunder.

                                           DONALDSON, LUFKIN & JENRETTE
                                             SECURITIES CORPORATION



Los Angeles, California
March 28, 1997

