In a shocking announcement that has customers alarmed and upset, CVS Health has declared that it will be closing 46 of its locations.
The closures come on the heels of the corporation's intended shift away from retail business to more healthcare-oriented services.
The list includes the ‘flagship’ location in Springfield, Missouri often referred to as the company’s largest store ever, at 64,000 square feet in size.
CVS CEO Larry Merlo told USA TODAY that “the company plans to reduce floor space dedicated to retail products and instead begin offering more health care services.”
CVS wants consumers to understand that the organization remains “solidly profitable" in its overall performance.
According to USA Today, “The company expects to record an operating profit of between $11.8 billion and $12 billion this year.”
Economy analysts are praising CVS’ preemptive strike against the overwhelming presence of online companies.
“Drugstore chains have not been immune to upheaval roiling the retail industry and the health care sector.
“CVS is bracing for the likelihood of Amazon's entry into prescription drugs after the online giant acquired startup PillPack.”
Shifting the company’s focus from the highly-competitive world of retail sales into healthcare services should stave off the complete domination by Walmart, Amazon, and the like.
Those whose jobs are being eliminated having a difficult time focusing on the long-term health of the corporation - with unemployment looming in the near future.
We sincerely hope those employees will find satisfactory employment elsewhere before they start to feel the pinch.
Here's the list of most of the CVS locations that are affected by this massive closure:
Huntsville: 3115 Bob Wallace Ave SW
Mobile: 664 Schillinger Rd S
Montgomery: 2815 Lower Wetumpka Rd
Phoenix: 7434 W Indian School Rd
Antioch: 3130 Buchanan Rd
San Francisco: 1285 A Sutter St
San Francisco: 995 Market St
Sun Valley: 9375 San Fernando Rd
District of Columbia
Washington, DC: 1201 Maryland Ave SW
Wilmington: 402 N Maryland Ave
Daytona Beach: 1350 Beville Rd
North Fort Myers: 13991 N Cleveland Ave
Ocala: 1607 S Pine Ave
Palm Beach Gardens: 3168 Northlake Blvd
Honolulu: 1441 Kapiolani Blvd. Suite 510
Honolulu: 1401 S Beretania St. Suite 110
Chicago: 745 W 103rd St
Chicago: 175 W Jackson Blvd
Chicago: 1620 W 59th St
Chicago: 1550 N Kostner Ave
Lincolnwood: 7179 N Lincoln Ave
North Aurora: 1015 W. Orchard Rd.
South Barrington: 100 W Higgins Rd
Greenwood Lake: 123 Windermere Ave
Staten Island: 812 Forest Ave
Detroit: 10301 Woodward Ave.
Brooklyn Park: 7996 Brooklyn Blvd.
Minneapolis: 1110 Hennepin Ave.
Minneapolis: 2426 W. Broadway Ave.
Springfield: 1735 South Glenstone Ave.
Albuquerque: 7105 Central Ave. NE
Brownsville: 1454 Central Blvd.
Copperas Cove: 1407 E W Hwy 190
El Paso: 2525 N. Mesa St.
Katy: 3080 S Fry Rd
Newport: 4730 US Route 5
Rio Grande City: 5322 E. US Highway 83
San Antonio: 7031 Marbach Rd.
Spring: 6945 Cypresswood Dr