CVS has revealed plans to close several of its pharmacies located inside Target stores across the country. This move is part of a broader trend among retailers and pharmacies adapting to financial challenges and shifting consumer habits.
The decision comes nearly a decade after CVS’s $1.9 billion acquisition of Target’s pharmacy sector. A CVS spokesperson explained that the closures, starting next month and completing by the end of April, are aimed at optimizing their retail presence in response to changes in population dynamics, buying patterns, and future health needs.
Several Target stores across the Finger Lakes and Central New York have CVS pharmacies inside them. It’s unclear how quickly Target will find a new operator for those locations, or if they will continue pharmacy service. Among them locally, Camillus, Clay, Lansing, Victor, Penfield, Cicero, Webster, and Henrietta locations will all be impacted.
For customers, prescriptions at closing locations will be transferred to nearby CVS pharmacies. The company also intends to offer equivalent positions to employees impacted by these closures.
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