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.
26 Articles
26 Articles
CVS to close dozens of Target pharmacy locations
CVS Health Corp. plans to close dozens of its locations in Target discount stores as the drugstore chain grapples with rising costs in its pharmacy business. A number of CVS’s 1,800 pharmacies in Target stores will be closed between February and April, a CVS spokesperson said, without specifying the exact count. The closures are part of a plan to “realign our national retail footprint and reduce store and pharmacy density,” the spokesperson said…
CVS Is Closing Dozens of Pharmacies, Starting Next Month
For many of us, the ease of being able to pick up prescriptions while also checking off our grocery list at stores like Target with a built-in CVS Pharmacy doesn't go unnoticed. The partnership between Target and CVS has saved countless shoppers from having to make multiple errand stops, ever since CVS Health Corp.'s acquisition in 2015, per The Wall Street Journal. However, it's a luxury that won't be around for much longer—at least not for cer…
CVS to Close Some Pharmacies in Target Stores
CVS Health said on Thursday that it will close several pharmacies operating within Target stores, which will start at the beginning of the year, according to multiple reports. The closures are set to commence in February and are expected to conclude by the end of April, CVS Pharmacy spokeswoman Amy Thibault told CNN. Ms. Thibault said the decision to close the pharmacies was made based on the company’s “evaluation of changes in population, consu…
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