CVS Health is closing 46 of its stores, saying the locations were “underperforming” as the drugstore chain continues to shift more of its retail presence toward health care services.
The move cost CVS about $135 million as a “store rationalization charge” in its first-quarter earnings report.
The cuts represent fewer than 1% of the about 9,600 CVS Pharmacy stores nationwide.
The closures, which happened over the last two months, include a 64,000-square-foot location in Springfield, Missouri, once described as the largest CVS in the world.
They also included four stores in Chicago, two in San Francisco and two in Minneapolis. (Scroll down to see the list.)
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Source: CVS closing 46 stores: See the list of CVS Pharmacy locations closing