CVS Health Corp. plans to close 900 stores over the next three years.
In a statement released on Nov. 17, CVS said, “The company has been evaluating changes in population, consumer buying patterns and future health needs to ensure it has the right kinds of stores in the right locations for consumers and for the business.”
The statement continued, saying the closings would begin in 2022.
“The company is committed to offering impacted colleagues roles in other locations or different opportunities as part of its overall workforce strategy,” read the statement.
There was no information available at time of publication about what stores would be closing. The 900 stores make up roughly 10% of CVS Health’s brick and mortar operation. There are a dozen CVS stores in Augusta.
The statement also said Neela Montgomery, president of CVS Pharmacy, would leave the company at the end of 2021.
