The retail world of pharmaceutical drugs is being shaken up like never before.
According to TheStreet, CVS Health stated in late 2021 that it will “reduce store density in certain locations and close approximately 300 stores a year for the next three years.” Closing store locations that no longer make sense for the company might be beneficial for CVS in the long term when it comes to reducing operational costs and paying employees, but 900 is a lot of stores to close.
