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NYC - CVS To Close 900 Stores: Smart Move And REIT Landlords Benefit Too
November, 24 2021 12:35 PM
New York City REIT Inc. Class A
CVS Health Corp. to close nearly 10% of its US locations over the next three years. In an agenda to improve profitability, the company plans to add new health services. This article describes CVS' logic and identifies which REITs are the drugstore’s landlords to see who might win or lose. CVS wins. For further details see:
CVS To Close 900 Stores: Smart Move And REIT Landlords Benefit Too
Stock Information
Company Name:
New York City REIT Inc. Class A
Stock Symbol:
NYC
Market:
NYSE
Website:
newyorkcityreit.com
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