(NEXSTAR) – CVS Well being published Thursday that it’s going to be shuttering “choose” pharmacies positioned inside of Goal shops.
The closures will occur early in 2024, beginning in February and finishing in April, Amy Thibault, lead director of communications for CVs, advised Nexstar in a observation. Staff at the ones places “shall be introduced related roles inside the corporate.”
The precise choice of places concerned isn’t but transparent, however The Wall Side road Magazine reported that the plan comes to “dozens” of pharmacies.
CVS isn’t sharing an inventory of last places, and any prescriptions shall be transferred to a close-by CVS Pharmacy previously “to verify sufferers have uninterrupted get entry to to pharmacy care.”
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Thibault stated the closures are a part of a plan to “realign our nationwide retail footprint and cut back retailer and pharmacy density.” She stated that the verdict got here after CVS evaluated adjustments in inhabitants, purchasing patterns and long run well being wishes as they are attempting to check the proper pharmacy layout with the proper affected person places.
CVS isn’t the one pharmacy industry to near places, with Ceremony Support pronouncing in October of ultimate yr that greater than 150 places would shut. In June, 2023 Walgreens introduced it might shut 150 shops within the U.S. and some other 300 within the U.Ok.
In 2021, CVS itself introduced that it might be last 900 shops over 3 years, additionally bringing up “adjustments in inhabitants, shopper purchasing patterns and long run well being wishes.”
CVS Well being purchased Goal’s pharmacy and medical institution companies in 2015 for kind of $1.9 billion. The preliminary deal introduced 1,672 pharmacies ac
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