CVS Health has opened its new Workforce Innovation and Talent Center in Chicago. The center, situated at the Chicago Baptist ...

Google parent company Alphabet has reached a preliminary settlement with shareholders that will force structural changes to its board and could cost $500 million or more.

Despite the closures, "85% of people in the U.S. will still live within 10 miles" of a CVS location, according to a CVS statement. The chain also said it has plans to open nearly 30 stores this year.

CVS is gearing up to shut down 271 more locations by the end of 2025, adding to the nearly 900 stores it already closed between 2022 and 2024. The move is part of what the company calls an ...

The move adds CVS to a growing list of companies scaling back their brick-and-mortar presence. Joann Fabrics, JC Penney, Big Lots and Kohl's are closing some or all of their stores this year.

Alphabet repurchased $62 billion worth of stock in 2024. At that rate of repurchases, it can reduce its shares outstanding by 3.4% a year, which will directly affect earnings per share (EPS) growth.

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 ...

Thibault said the remaining other CVS closures will be at 9539 Cliffdale Road on March 5, with prescriptions moving to 7496 Rockfish Road; and the CVS at 404 Ramsey St., which will close April 1 ...

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CVS first unveiled CostVantage in December 2023, with plans to roll it out for commercial plans in 2025. CVS said the model is designed to more effectively support community pharmacies in the ...

In 2021, USA Today reported that CVS announced a plan to close nearly 900 stores from 2022 to 2024, with the goal of about 300 per year.