CVS Health is preparing to open a dozen stores offering full-service pharmacies but very limited retail, the latest example of a national drugstore chain responding to a long stretch of declining retail sales. The new stores will be on average less than 5,000 square feet, or not even half the size of a typical CVS location, the company said. The 12 new stores are expected to open over the next year in cities and towns throughout the U.S. These shrunken CVS stores will still stock health-related products such as over-the-counter cough and pain medications or first-aid care, a CVS spokeswoman said.
Read the full article: CVS’s New Mini Stores Go All In on Medicine and Skip Everything Else //
Source: https://www.wsj.com/business/retail/cvs-small-store-openings-b0e196a2