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Time
CVS Health will close 46 of its stores, stating that the establishments "underperformed", while the pharmacy chain continues to shift its presence in the retail trade to health care services.
The move will cost CVS about $ 135 million as "store rationalization expense" in its first quarter results report.
The reductions represent less than 1% of the approximately 9,600 CVS Pharmacy stores in the country.
The closures include a 64,000-square-foot site in Springfield, Missouri, once described as the world's largest virtual storage system.
They also include four stores in Chicago, two in San Francisco and two in Minneapolis. (Scroll down the list to see the list.)
CVS CEO Larry Merlo told USA TODAY in November that the company plans to reduce retail space and begin offering more health services.
For example, the company announced on April 25 that it would add "hundreds" of SmileDirectClub's teeth alignment company stores to its stores.
A CVS pharmacy location is indicated in Pittsburgh. (Photo: Gene J. Puskar, AP)
CVS remains a solidly profitable company. The company expects to record operating income of $ 11.8 to $ 12 billion this year.
The pharmacy chains have not been spared by the upheavals of the retail sector and the health care sector. CVS tackles the probability of Amazon's entry into prescription drugs after the acquisition of the online start-up PillPack.
Deal with SmileDirectClub: Hundreds of CVS pharmacies to buy SmileDirectClub stores
Concept store introduced: CVS introduces a new concept store with more health care, less retail
Here is the list of most of the CVS sites that close their doors:
Alabama
Huntsville: 3115 Bob Wallace Avenue, N / A
Montgomery: 664 Schillinger Rd S
Montgomery: 2815 Low Wetumpka Rd
Arizona
Phoenix: 7434 W Indian School Rd
California
Antioch: 3130 Buchanan Rd
San Francisco: 1285 to Sutter St
San Francisco: 995 Market St
Sun Valley: 9375 San Fernando Road
District of Colombia
Washington, DC: 1201 Maryland Ave SW
Delaware
Wilmington: 402 N Maryland Ave
Florida
Daytona Beach: 1350 Beville Road
North Fort Myers: 13991 N Cleveland Ave
Ocala: 1607 Pine Ave
Palm Beach Gardens: 3168 Northlake Blvd.
Hawaii
Honolulu: 1441 Kapiolani Blvd. Suite 510
Honolulu: 1401 S Beretania St. Suite 110
Illinois
Chicago: 745 W 103rd St
Chicago: 175 W Jackson Blvd
Chicago: 1620 W 59th St
Chicago: 1550 N Kostner Ave
Lincolnwood: 7179 N Lincoln Ave
North Aurora: 1015 W. Orchard Rd.
South Barrington: 100 W Higgins Rd
New York
Greenwood Lake: 123 Windermere Ave
Staten Island: 812 Forest Avenue
Michigan
Detroit: 10301 Woodward Ave.
Minnesota
Brooklyn Park: 7996 Brooklyn Blvd.
Minneapolis: 1110 Hennepin Ave.
Minneapolis: 2426 W. Broadway Ave.
Missouri
Springfield: 1735 South Glenstone Ave.
New Mexico
Albuquerque: 7105 Central Ave. BORN
Texas
Brownsville: 1454 Central Blvd.
Copperas Cove: 1407 E W Hwy 190
El Paso: 2525 N. Mesa St.
Katy: 3080 S Fry Rd
Newport: 4730 US Route 5
Rio Grande City: 5322 E. US Highway 83
San Antonio: 7031 Marbach Rd.
Spring: 6945 Cypresswood Street
Follow USA TODAY reporter Nathan Bomey on Twitter @NathanBomey.
Read or share this story: https://www.usatoday.com/story/money/2019/05/02/cvs-health-cvs-pharmacy-store-closing-list/3649440002/
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