WBA - CVS Health Adapts to Market Shifts With Pharmacy Shutdowns Within Target Stores | Benzinga
CVS Health Corp (NYSE:CVS) is reportedly looking to close some of its pharmacies located within Target Corporation (NYSE:TGT) stores in the coming months.
The closures, slated to commence in February and conclude by the end of April, are part of CVS’s strategic evaluation of changes in population dynamics, consumer buying patterns, and anticipated health needs.
Before the closures, prescriptions from the affected Target-based pharmacies will be transferred to nearby CVS Pharmacy locations, the Wall Street Journal noted.
This move aligns with an industry-wide trend as U.S. pharmacy chains, including competitors such as Walgreens Boots ...