CVS closing 900 stores as shoppers move online

Source: The Hill | November 18, 2021 | Monique Beals

CVS Pharmacy announced on Thursday that it would close roughly 900 stores in the next three years. 

The company said in a statement it was “evaluating changes in population, consumer buying patterns and future health needs to ensure it has the right kinds of stores in the right locations for consumers and for the business.”

“We remain focused on the competitive advantage provided by our presence in thousands of communities across the country, which complements our rapidly expanding digital presence,” CEO Karen S. Lynch said in the statement. 

……..

Tagged: 

Viewing 1 post (of 1 total)
Viewing 1 post (of 1 total)

You must be logged in to reply to this topic.