The CVS pharmacy chain has announced that it is closing 900 stores by the end of 2024, citing shoplifiting as a major issue.
This news comes at the same time that Target has announced the closure of nine stores for similar reasons .
The Daily Mail reports: CVS says it will close NINE HUNDRED stores by the end of 2024 – 10% of all its shops – as it moves to online strategy amid rampant increase in shoplifting CVS is set to close hundreds of stores across the country as it undergoes a complete retail overhaul – as more outlets move towards online sellers amid rampant increases in crime. The major drugstore chain is coming to the end of a policy launched in 2021 which will see 300 stores closed each year – meaning 900 will have shuttered by 2024. In the announcement, which has hit headlines again recently amid […]
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