CVS Health plans to expand its retail footprint this year after contracting it over the past four years, Bloomberg reported Monday March 30. The retail pharmacy chain plans to open 60 stores this year, including 20 small pharmacy-only sites, while closing “a few dozen locations,” the report said, citing CVS spokesperson Amy Thibault. This marks a change from the past four years, which saw CVS close 1,100 locations while opening 200, according to the report. The report attributed CVS’ plans to grow its footprint in 2026 to gains made by shutting stores and renegotiating contracts with insurers.
Read the full article: CVS to Expand Retail Footprint After Shrinking for 4 Years //
Source: https://www.pymnts.com/news/retail/2026/cvs-to-expand-retail-footprint-after-shrinking-for-4-years/