CVS Health is shedding about 5,000 jobs in an effort to reduce costs. Here's what you need to know about the layoffs. What to know 📋 How to talk money 🤑 💸 to your 📩 See top companies🏆 ...

CVS said it will open a dozen or more drugstores that only have pharmacies as it scrambles to remain competitive against rivals like Target, Amazon, Walgreens, and Rite Aid.

The closures are part of CVS’ plan to shutter roughly 900 ‒ or 10% ‒ of its stores. The pharmacy chain has closed about 600 stores since 2022 and expects to close the remaining 300 this year ...

CVS is looking to grow itself by shrinking. The pharmacy chain is opening around a dozen stores this year that are about the half the size of its traditional layout and have only a pharmacy ...