CVS Announces It’s Closing Stores For Good

Over the last few decades, CVS Pharmacy has become a ubiquitous part of the American landscape. According to CVS, the vast majority of Americans have a CVS store within driving distance of their home. However, that will all be changing because CVS has just announced that they will be closing down about 900 poor-performing stores in an effort to bolster their bottom line and focus on the stores that are delivering as much value as possible to customers across the country.

The 900 stores will close over a span of three years. Instead of putting their money into being the neighborhood convenience store, CVS wants to focus more on providing healthcare to customers. That’s why they will be promoting their HealthHUBs and Minute Clinic locations to people who are looking for affordable alternatives to expensive healthcare visits like going to the emergency room or the doctor’s office.

CVS announced its decision to close 900 stores as a result of its effort to focus more on healthcare and the growing demand for digital experiences. In total, the company will close about 10 percent of its 10,000 stores. They will close 300 stores per year until they reach the 900 mark. CVS plans to close the first three hundred stores beginning in spring 2022.

The company hopes to place employees who work at the stores affected by the closure at other store locations or elsewhere in the company. The business does not want to force its hard-working employees onto the street and would rather transfer them to another post within the national company.

Related Posts

Kate Middleton’s heartbreaking confession about Prince Louis and his siblings

Prince William and Kate Middleton have not traveled a lot in the last year following the Princess of Wales’s recovery from the cancer she was diagnosed with…

Frank Fritz, “American Pickers” star, dead at 60 — rest in peace

Frank Fritz, the beloved star of *American Pickers*, has died at 60, leaving fans heartbroken. Fritz, who left the show in 2021 due to health issues, had…

At the age of 68, ‘Scarface’ star Ángel Salazar has passed away…

It has been reported by TMZ that Getty Ángel Salazar, who was mostly recognized for his role as Al Pacino’s trusty sidekick “Chi Chi” in the legendary…

Rick Harrison Is Mourning

­Rick Harrison, the creator and lead cast member of the popular reality  TV show “Pawn Stars,” is grieving the loss of his son, Adam Harrison. Tragically, Adam passed…

Prince Harry Preparing To Receive Big Inheritance And Not Everybody Is Happy

On September 15, Prince Harry will be celebrating his 40th birthday, and he is in for a special surprise. Queen Elizabeth has arranged for him to receive…

Whoopi Goldberg’s SAD NEWS

“The View” audience were on the edge of their seats as Whoopi Goldberg revealed her terrifying experience with endometriosis in a chilling episode. She was so frustrated…

Leave a Reply

Your email address will not be published. Required fields are marked *