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CVS to Close 271 Stores Amid Strategic Overhaul

5/29/2025

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Summary

Story summary

CVS will close 271 retail stores in 2025 to streamline operations.
This follows the closure of approximately 900 locations between 2022 and 2024 due to changing demographics and consumer habits.
In 2025, CVS plans to open 30 new pharmacy locations, including within Target stores.
The company asserts that these closures are strategic decisions, not responses to industry challenges.

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Story summary

CVS will close 271 retail stores in 2025 to streamline operations.
This follows the closure of approximately 900 locations between 2022 and 2024 due to changing demographics and consumer habits.
In 2025, CVS plans to open 30 new pharmacy locations, including within Target stores.
The company asserts that these closures are strategic decisions, not responses to industry challenges.