CVS Announces Nationwide Store Closures

CVS Announces Nationwide Store Closures Amid Restructuring Efforts

May 29, 2025

WOONSOCKET, R.I. — CVS Health has announced plans to close a significant number of stores across the U.S. as part of a broader strategy to streamline operations and adapt to changing consumer habits. The pharmacy giant confirmed that the closures will take place over the next two years, though specific locations have not yet been disclosed.

The decision comes as CVS shifts its focus toward digital healthcare services and optimizing its remaining retail locations. In a statement, the company emphasized that the move is designed to improve efficiency and better align with customer needs, including increased demand for telehealth and at-home prescription delivery.

'We remain committed to providing accessible healthcare services, and these changes will allow us to invest more in our digital platforms and high-performing stores,' said a CVS spokesperson.

Industry analysts suggest the closures reflect broader trends in retail pharmacy, with companies like Walgreens and Rite Aid also reducing their physical footprints in response to rising operational costs and competition from online retailers.

Employees at affected stores will be offered severance packages or opportunities to transfer to other locations where possible. CVS currently operates nearly 9,000 stores nationwide, but the exact number of closures has not been finalized.

Customers are advised to check CVS’s website for updates on store-specific closures and alternative pharmacy options. The company assures that prescription records will remain accessible through its app and mail-order services.

This restructuring follows CVS’s earlier efforts to integrate more health services into its stores, including MinuteClinics and HealthHUBs, signaling a continued shift toward a hybrid healthcare-retail model.

More details to come as this story develops.

— By [Your Name], Staff Writer

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