US EditionCVS Closing 271 Stores, Including 3 Locations in Upstate NY
- CVS announced that it will close 271 stores nationwide during 2025, including at least three in Upstate New York.
- The closures follow about 900 stores shut down between 2022 and 2024, and CVS cited factors like population shifts and consumer buying patterns.
- CVS cited factors such as the concentration of stores, availability of pharmacy services, and local health priorities as key considerations in its comprehensive restructuring initiative.
- The company stated this plan aims to streamline operations and generate savings exceeding $500 million while keeping 85% of Americans within 10 miles of a CVS pharmacy.
- This strategy suggests CVS seeks to optimize its retail footprint while competitors like Walgreens and Rite Aid also close stores amid industry challenges.
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Syracuse NY+2 Reposted by 2 other sources
CVS closing 271 stores, including 3 locations in Upstate NY
A major pharmacy chain is closing hundreds more stores this year.
·Syracuse, United States
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