Lynch said wednesday the company has closed 851 so far. Webthe pharmacist confirmed it will be shutting down 300 stores in 2024, with 600 more to close by 2027. This means that 10 percent of the company's sites will cease operations. Webcvs, the largest us chain, closed 244 stores between 2018 and 2020. In 2021, it announced plans to close 900 stores. And rite aid filed for bankruptcy last year. Webcvs closed 900 stores over three years, citing changes in consumer buying patterns, while walgreens is planning to close about a quarter of its 8,600 stores. Webcvs is continuing to shutter storefronts in the new year and plans to close select pharmacies inside target locations in the coming months. The closures are set to. Webcvs announced in 2022 that it had a goal of closing around 900 locations between 2022 and 2024, with around 300 closures per year. The company has already closed around 600 stores, so it’s still on track to close another 300 locations this year to.
