CVS goes small in latest retrenchment move
Retail pharmacies are embracing the idea that less is more as they grapple with online competitors, lagging reimbursement, sluggish consumer demand and employee burnout. Driving the news: CVS Health this week confirmed it's rolling out roughly a dozen downsized stores,
CVS is making a big change in some of its new stores
CVS is planning a new approach to expansion-- downsizing. CNN reports the drugstore chain is opening around a dozen new stores this year. But the new shops won’t have the traditional CVS format stocked with toiletries, beauty products, and snacks. Instead, the smaller format store will only have a pharmacy.
CVS is opening smaller drugstores that only have pharmacies
CVS announced the opening of a dozen or more pharmacy-only stores in a strategic move to meet community needs and remain competitive against companies like Target, Amazon, Walgreens, and Rite Aid.
CVS to open new kind of pharmacy store within the next year for parts of US
CVS Pharmacy has announced plans to open a new kind of store in parts of the U.S. The pharmacy chain said it will open "smaller format" locations in select communities within the next year.
CVS opens smaller format stores as industry sees big shift
CVS is opening new stores around the nation, but they will be significantly smaller and focus only on pharmacy services. The move comes as the industry undergoes a major shift.
CVS to open smaller stores as they close more locations. Are any coming to Florida?
CVS is continuing the overhaul of its nationwide network, closing more locations this year and opening new, smaller stores ...
San Francisco DA charges man in 21 retail thefts at Walgreens, CVS stores
Prosecutors in San Francisco announced Wednesday that a man has been arrested and charged in connection with over 20 retail ...
CVS Health Soars 46% in 2025: What Tech Stocks Can Learn from Its Winning Strategy
CVS Health (CVS) is having a standout 2025. While most of the market struggles, yesterday’s case in point, CVS is thriving, ...
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Easton CVS closing in April. What to know about your prescriptions.
CVS Pharmacy will close its 620 Old Philadelphia Road location on April 16. Population shifts, consumer buying patterns, ...
CVS will lay off nearly 200, mostly remote, workers reporting to Wellesley office
Most of the 183 employees who will be laid off work remotely and live out of state, the company said in a filing with the ...
CVS Health Will Ditch Retail Sales at New Pharmacy Locations
CVS Health (CVS) is ditching retail sales to focus on pharmacy operations at 12 new locations opening in 2025. These new CVS ...
CVS is opening smaller stores that only have pharmacies
CVS is looking to grow itself by shrinking. The pharmacy chain is opening around a dozen stores this year that are about the half the size of its traditional layout and have only a pharmacy — ditching ...
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Wellesley CVS stops food sales due to issue with mice
The shelves are bare of food at a CVS in Wellesley due to “a pest control issue involving mice,” the Massachusetts town’s ...