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CVS to Close 271 Stores, Open 30 New Locations

6/3/2025

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Summary

Story summary

CVS will close 271 stores across the U.S. in 2025, including five in New York.
Locations impacted include Albany, Manhattan, North Tonawanda, and Staten Island.
The closures are part of a restructuring plan to enhance operational efficiency.
CVS aims to open 30 new stores this year, emphasizing in-store clinics and digital health services.

History

Historical Context

CVS's decision to close 271 stores in 2025 echoes the broader retail apocalypse trend, where many chains shutter locations due to shifting consumer habits and economic pressures. Similar to past closures by major retailers like Sears, CVS aims to streamline operations amidst evolving market dynamics and increased competition from online platforms.

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Story summary

CVS will close 271 stores across the U.S. in 2025, including five in New York.
Locations impacted include Albany, Manhattan, North Tonawanda, and Staten Island.
The closures are part of a restructuring plan to enhance operational efficiency.
CVS aims to open 30 new stores this year, emphasizing in-store clinics and digital health services.

1 / 2