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CVS to Close 10 Stores Across DC, Maryland & Virginia

  • CVS Health plans to close 271 retail pharmacy stores across the U.S. During 2025 as part of a nationwide restructuring effort.
  • The closures result from a comprehensive evaluation considering demographic changes, customer purchasing behaviors, the concentration of outlets, access to pharmacy services, and local health requirements.
  • In 2024, CVS recognized an impairment loss related to its stores, which lowered the company’s operating income and reflected the expected devaluation from upcoming store closures.
  • A CVS representative explained that the choice to close stores takes into account multiple elements such as demographic changes and the health needs of the community, highlighting a deliberate approach rather than a reaction to market challenges.
  • CVS aims to streamline operations while maintaining customer pharmacy access and plans to open about 30 new stores, including locations inside Target, in 2025.
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Newsweek broke the news in United States on Wednesday, May 28, 2025.
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