Oct. 23, 2023 – The nation’s largest drugstore chains, Rite Aid, CVS and Walgreens, will shutter more than 1,500 stores, leaving millions of Americans without access to healthcare in ‘pharmacy deserts.’ ‘These closures are disproportionately affecting communities that need pharmacies most.’
CVS is set to close the doors on 900 of its stores by the end of 2024, 10 percent of all its shops, as part of their online strategy.
The major drugstore chain is coming to the end of a policy launched in 2021 which will see 300 stores closed each year – meaning 900 will have shuttered by 2024.
CVS made the reforms to adjust to the needs of online shoppers while battling rampant shoplifting.
In September, CVS store manager Michael Jacobs, 49, was shot and killed by customer accused of shoplifting in Arizona.
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