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CVS is Closing Pharmacies Inside Some Target Stores - WSJ - The Wall Street Journal

The healthcare giant has aimed to close about 300 stores annually in past few years

CVS has operated pharmacies inside Target stores since late 2015.Photo: Jeffrey Greenberg/Universal Images Group/Getty Images

CVS Health plans to close dozens of pharmacies inside Target stores at a time when pharmacy chains are struggling to grow retail profits.

CVS will close the pharmacies between February and April this year, said a company spokeswoman. The closures are part of CVS’s efforts to pare down its retail footprint “based on our evaluation of changes in population, consumer buying patterns and future health needs,” she said.

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CVS is Closing Pharmacies Inside Some Target Stores - WSJ - The Wall Street Journal
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