CVS slows store expansion plans, cuts pace by a third


CVS slows store expansion plans, cuts pace by a third


  • CVS normally opens 300 stores a year, CVS Pharmacy President Kevin Hourican said.

  • This year, CVS will open about 100 stores and next year CVS will open about 50 stores, he said.

  • Walgreens on Tuesday said it would close 200 stores.

CVS Health will slow the pace of its annual store expansion by opening about one-third of locations it usually does and even fewer next year, the company’s head of retail said Wednesday...

NOTE:

Amazon link for Ken`s comments

   ...more

RSK: Walgreens closing 200 stores and CVS opening up 50. I would contact them if you have land in some of the smaller cities.

Ken Notes: When Amazon gets into mainstream pharma, and they will (see link below story), be careful stores will drop like flies.

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- - Volume: 7 - WEEK: 33 Date: 8/13/2019 5:48:20 AM -