New York CNN —CVS will close dozens of pharmacies located inside of Target stores in early 2024, a company spokesperson said on Thursday.
The closures come as retail pharmacy chains in the US face increasing difficulties with their prescriptions business, workforces and more.
Prior to the closing of any impacted location, prescriptions will be transferred to a nearby CVS Pharmacy, said Thibault.
CVS purchased Target’s pharmacy business from the big box retailer in 2015 for $1.9 billion.
CVS has about 9,000 pharmacy locations overall.
Persons:
Amy Thibault, ”, Thibault
Organizations:
New, New York CNN, CVS, CVS Pharmacy, CNN, Rite, Labor, Target
Locations:
New York