CVS to Close Select Pharmacies in Target Stores
Closures, beginning in February and ending in April, are part of CVS's strategy to reduce its retail footprint.
- CVS Health will begin closing select pharmacies inside Target stores in February, with closures to be completed by April.
- The exact number of closures has not been disclosed, but it is reported to be in the dozens.
- Employees affected by the closures will be offered comparable roles within CVS.
- Prescriptions will be transferred to nearby CVS pharmacies prior to the closure of affected locations.
- The closures are part of CVS's strategy to reduce its retail footprint, based on changes in population, consumer buying patterns, and future health needs.