CVS to Close 270 Stores in 2025: Strategic Shift Explained

If it feels like there is a CVS on every corner, that might be changing soon. The pharmacy giant has confirmed it will close approximately 270 locations in 2025 as part of a massive restructuring effort.

Why the Closures?

It’s not just about cutting costs; it’s about changing how they do business.

1. Oversaturation: In many cities, CVS locations are simply too close together, cannibalizing each other's sales.
2. Retail Theft: High rates of organized retail crime have made certain urban locations unprofitable.
3. Digital Shift: With more prescriptions being filled by mail and telehealth rising, the need for massive retail footprints is shrinking.

The Good News

It's not all contractions. CVS plans to open ~30 new "healthcare hubs." These smaller, focused locations will prioritize clinics and health services over selling candy and greeting cards.

Check Your Local Store

CVS is notifying customers by mail if their prescriptions are being transferred to a nearby location. Keep an eye on your mailbox if you are a regular customer.

Source = https://unstory.app/news/cvs-store-closings-list-2025