"CVS to Close Dozens of Target Store Pharmacies by 2024"
TL;DR
CVS Health Corp plans to close dozens of its pharmacies inside Target Corp discount stores between February and April as part of a cost-cutting measure to realign its national retail footprint and reduce store and pharmacy density due to rising expenses in its pharmacy and insurance businesses. The closures are part of a broader restructuring plan to streamline operations and reduce costs, and affected employees will be offered jobs at other CVS locations while customers' prescriptions will be transferred to remaining CVS pharmacies.
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