
CVS is closing 900 stores
CNN
CVS Health is closing 900 stores over the next three years, amounting to nearly 10% of its footprint, in response to the changing of "consumer buying patterns."
The drug store chain said Thursday that the closures will result in a retail presence that ensures it has the "right kinds of stores in the right locations for consumers and for the business." A list of locations shutting down, which will happen beginning next spring, was not immediately released.
The closures are part of broader realignment of its retail strategy of its roughly 10,000 locations. That includes remodeling some stores to include more health services, such as primary care, and an "enhanced version" of its HealthHub layout.
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