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Thursday, nov 7
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Business
CVS To Close 900 Stores As It Adjusts To Increasing Number Of Online Shoppers
Nearly one thousand CVS stores are set to close over the next three years as the retail giant continues to pivot away from retail and leans into the company's healthcare services. On Thursday, Nov. 18, the company announced that it planned to shut down at least 300 stores annually for the next three years as it re-evaluates its business strategy. The closures will begin in spring 2022. CVS made the announcement as it continues to contend with digital competition and online shopping, which was exacerbated during the COVID-19 pandemic, forcing the company to pivot its plans for the future. …
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Covid-
19: Distribution At Nursing Homes First Step To Getting Vaccines To Pharmacies, CVS Says
CVS and other major pharmacies have launched the company’s COVID-19 vaccination program, which will begin at long-term health care facilities where the population is at the highest risk to contract the virus and potentially die. The company announced that its teams will begin administering the first dose of COVID-19 vaccines produced by Pfizer across 40,000 facilities in 12 states as soon as this week. Walgreens and other pharmacies are also involved in the federal nursing home vaccination program. Related story - COVID-19: Cuomo Calls On Airlines To Do Pre-Flight Testing From UK Due…