CVS Adds to Store Closings List, Announces It Will Shut Down 22 Locations in 2020

CVS Adds to Store Closings List, Announces It Will Shut Down 22 Locations in 2020
A CVS Pharmacy store in Washington, DC, on Dec. 21, 2016. SAUL LOEB/AFP/Getty Images
Jack Phillips
Jack Phillips
Breaking News Reporter
|Updated:

CVS Health said it will close 22 “underperforming” drugstores early next year along with the 46 stores that were shuttered in 2019, the firm said on Wednesday in a regulatory filing.

The upcoming “planned closure of 22 underperforming retail pharmacy stores” has cost CVS approximately $96 million as a “store rationalization charges,” according to its earnings report for the third quarter, reported USA Today.
Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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