CVS to Close About 900 Stores Over Three Years. Here Is Why.

 CVS to Close About 900 Stores Over Three Years. Here Is Why.

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https://www.barrons.com/articles/cvs-health-cuts-guidance-store-closures-51637247082


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CVS Health is planning to close approximately 300 stores a year for the next three years, prompting the store to lower its end-of-year guidance.

CVS (ticker: CVS) will start closing stores and reducing store density in the spring of 2022. The company plans to offer impacted employees roles in other locations or different opportunities within its workforce.

The…


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