Healthcare DIVE November 19, 2021
Dive Brief:
- CVS plans to close 900 stores — roughly 10% of its footprint — over the next three years in an effort to evolve with changing consumer buying patterns. The revamp, part of the retail drugstore’s ongoing strategy, includes new store formats with a stronger focus on healthcare — including locations for primary care delivery.
- The shutdowns will begin next spring. CVS will be remodeling an undisclosed number of stores to include more health services, including locations for primary care delivery and an “enhanced” version of its health and wellness-focused HealthHUB locations. A spokesperson sidestepped requests for more specifics on the new store formats, saying CVS will have more to share at its upcoming investor day on Dec....