CVS is opening new stores around the nation, but they will be significantly smaller and focus only on pharmacy services. The move comes as the industry undergoes a major shift.

CVS Pharmacy is closing hundreds of stores in 2025 as part of restructuring efforts. According to its recent annual report from February 2025, CVS announced will close 271 retail pharmacies this year.

CVS is switching up the way it pays for prescription drugs and moving toward a “more transparent” reimbursement model. The pharmacy chain announced a new payment model, CVS CostVantage, on ...

CVS cutting down, adjusting pharmacy hours in two-thirds of stores CVS and Walmart are reducing their pharmacy operating hours across the U.S. to improve employees' work-life balance as the chains ...

CVS Pharmacy has announced plans to open a new kind of store in parts of the U.S. The pharmacy chain said it will open "smaller format" locations in select communities within the next year. Stream ...

CVS Health, the nation’s largest pharmacy chain with more than 9,000 locations, said on Tuesday that it planned to change the way its pharmacies were paid for the medications they dispensed, in ...