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Published 3 months ago

CVS will close some Target pharmacy locations

  • CVS will close dozens of pharmacies inside Target stores in early 2024, citing changes in population, consumer buying patterns, and future health needs. Employees affected by the closures will be offered comparable roles within the company.
  • The closures are part of CVS's plan to realign its national retail footprint and reduce store and pharmacy density. This decision follows the closure of 600 pharmacies and the plan to close another 300 locations this year.
  • Retail pharmacy chains in the US, including CVS, are facing increasing difficulties with their prescriptions business and workforce, resulting in closures and cost-cutting measures.
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