Overview

• CVS Health will shutter 271 retail locations in 2025 as part of its enterprise-wide restructuring.
• The closures are guided by factors such as population shifts, consumer buying patterns and pharmacy density, and CVS projects that 85% of Americans will remain within 10 miles of one of its pharmacies.
• Local sources have confirmed or scheduled at least 34 closures across states including California, Florida and Georgia.
• Despite the downsizing, CVS plans to open 30 new pharmacy locations this year, including smaller-format units inside Target stores.
• A new Arkansas law barring pharmacy benefit managers from owning pharmacies could jeopardize CVS’s 23 stores in the state.