CVS Austin

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Hugh Cameron

By Hugh Cameron

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Amid its ongoing restructuring efforts, CVS plans on closing hundreds more stores in 2025, which the company says will streamline operations and help it adapt to shifting consumer needs.

Why Is CVS Closing Locations?

In its recent annual report, filed in February, CVS announced that it would be closing 271 retail stores in 2025 as part of its "enterprise-wide restructuring plan intended to streamline and simplify the organization."

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This follows the closure of around 900 locations between 2022 and 2024. A spokesperson for CVS told Newsweek that these closures will enable the company to optimize its "existing stores and pharmacies."

The spokesperson said that the closures were based on several factors, including "population shifts, consumer buying patterns, store and pharmacy density, pharmacy care access, and community health needs." This will enable the company to better meet customers' needs and was not a response to industry pressures.

CVS Austin

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Where Are CVS Closing Locations?

CVS has not released a list of locations that will be closed amid this strategic realignment, and declined to provide any details of which states or cities may be affected.

However, according to consumer-focused website The Krazy Coupon Lady, citing local news sources, 34 CVS locations have either already closed or announced scheduled closures in 2025:

Alabama

California

Florida

Georgia

Illinois

Iowa

Massachusetts

Michigan

Missouri

New York

North Carolina

Ohio

Pennsylvania

Virginia

Washington, D.C.

Based on local news sources and social media, Newsweek identified additional CVS locations that have closed or announced closures since the beginning of the year:

Indiana

Maryland

Texas

What People Are Saying

A spokesperson for CVS told Newsweek: "Store closure decisions are based on several factors, including population shifts, consumer buying patterns, store and pharmacy density, pharmacy care access, and community health needs. We're focused on ensuring we have the right kinds of stores and the right number of stores in the right locations. We're closing locations strategically to better meet consumers' health, wellness and pharmacy care needs – as announced more than three years ago – not in reaction to industry pressures."

"Even after the realignment work, 85% of people in the U.S. will still live within 10 miles of a CVS Pharmacy," they added.

What Happens Next

CVS confirmed to Newsweek that, despite the closures, it intends to open 30 new pharmacy locations in 2025, including those inside Target stores.

Meanwhile, a new law signed by Arkansas Governor Sarah Huckabee Sanders last month seeks to prevent Pharmacy Benefit Managers, third-party firms that manage prescription drug benefits, from owning pharmacies. CVS has warned that the legislation could impact its 23 locations in Arkansas.

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