Marcus Lawrence | 

CVS Closing 900 Stores by the End of 2024

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CVS customers are shopping online more than ever, and in response, the pharmacy chain is looking to downsize their brick-and-mortar stores.

Hundreds of CVS Pharmacy locations — nearly 1 in 10 — will be closing over the next several years, but don’t worry: Your favorite drugstore for couponing isn’t going anywhere.

Here’s what you need to know:

 

CVS will close 300 stores every year starting in 2022.

Image of CVS store on a corner

According to the official announcement, CVS will start to close 300 stores a year as of spring 2022. They’ll close 300 more in 2023, and in 2024.

That seems like a lot of stores, but they only represent about 9% of the 10,000 CVS Pharmacy locations in the U.S.

While we love to tell you how to shop liquidation sales, don’t expect to see any closeout sales at CVS.

 

Expect to see closures in areas with lots of CVS Pharmacies.

Here in Boise, we have ONE CVS location, but we’re not worried it’s going to close.

CVS hasn’t announced which locations will be closing yet, but keep an eye on places that have a high concentration of stores.

Since the pandemic, an increasing number of CVS customers have been shopping online and taking advantage of services like curbside pickup and prescription delivery.

Instead of having lots of stores in an area, CVS says they’re planning to boost services at a smaller number of locations — so they can reach their customers. (They’re even testing self-driving robots.)

 

Your CVS store might convert to a clinic or a HealthHUB.

Depending on your community’s needs, your local CVS will either stay a traditional CVS Pharmacy store that fulfills prescriptions, sells personal care items, and offers other retail goods and services, or it’ll become one of these new store formats:

  • CVS HealthHUB: A health-and-wellness market that also offers mental health therapy and yoga rooms.
  • CVS Primary Care Clinics: A mashup of a doctor’s office and a CVS Pharmacy.

 

 

If your nearby CVS closes and you don’t want to drive, opt for delivery.

Tums and other products inside a CVS box

Yes, CVS delivery is a thing. And it’s free for orders of $35 or more.

 

No matter what, you can keep couponing at CVS.

Whether you’re shopping in person or online, there are lots of ways to save money couponing at CVS.

Even if you don’t have a CVS in your area, you have options. You’ll see why it’s one of our all-time favorite places to coupon.

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