CVS Health is closing 46 of its stores, saying the locations were “underperforming” as the drugstore chain continues to shift more of its retail presence toward health care services.
The move will cost CVS about $135 million as a “store rationalization charge” in its first-quarter earnings report.
The cuts represent fewer than 1% of the about 9,600 CVS Pharmacy stores nationwide.
CVS CEO Larry Merlo told USA TODAY in November that the company plans to reduce floor space dedicated to retail products and instead begin offering more health care services.
For example, the company announced April 25 that it would add “hundreds” of teeth-alignment company SmileDirectClub’s shops within its stores.
CVS remains a solidly profitable business. The company expects to record an operating profit of between $11.8 billion and $12 billion this year.
Drugstore chains have not been immune to upheaval roiling the retail industry and the health care sector. CVS is bracing for the likelihood of Amazon’s entry into prescription drugs after the online giant acquired startup PillPack.
Here’s the list of most of the CVS locations that are closing:
Huntsville: 3115 Bob Wallace Ave SW
Montgomery: 664 Schillinger Rd S
Montgomery: 2815 Low Wetumpka Rd
Phoenix: 7434 W Indian School Rd
Antioch: 3130 Buchanan Rd
San Francisco: 1285 A Sutter St
San Francisco: 995 Market St
Sun Valley: 9375 San Fernando Rd
District of Columbia
Washington, DC: 1201 Maryland Ave SW
Wilmington: 402 N Maryland Ave
Daytona Beach: 1350 Beville Rd
North Fort Myers: 13991 N Cleveland Ave
Ocala: 1607 S Pine Ave
Palm Beach Gardens: 3168 Northlake Blvd
Honolulu: 1441 Kapiolani Blvd. Suite 510
Honolulu: 1401 S Beretania St. Suite 110
Chicago: 745 W 103rd St
Chicago: 175 W Jackson Blvd
Chicago: 1620 W 59th St
Chicago: 1550 N Kostner Ave
Lincolnwood: 7179 N Lincoln Ave
North Aurora: 1015 W. Orchard Rd.
South Barrington: 100 W Higgins Rd
Greenwood Lake: 123 Windermere Ave
Staten Island: 812 Forest Ave
Detroit: 10301 Woodward Ave.
Brooklyn Park: 7996 Brooklyn Blvd.
Minneapolis: 1110 Hennepin Ave.
Minneapolis: 2426 W. Broadway Ave.
Springfield: 1735 South Glenstone Ave.
Albuquerque: 7105 Central Ave. NE
Brownsville: 1454 Central Blvd.
Copperas Cove: 1407 E W Hwy 190
El Paso: 2525 N. Mesa St.
Katy: 3080 S Fry Rd
Newport: 4730 US Route 5
Rio Grande City: 5322 E. US Highway 83
San Antonio: 7031 Marbach Rd.
Spring: 6945 Cypresswood Dr
Follow USA TODAY reporter Nathan Bomey on Twitter @NathanBomey.