This popular retail chain closes stores, from July 14

The company definitively closes the locations in different states.


At this point, it would not be too surprising to find a "flap" panel published in front of your favorite store. Over the past three years, companies have fought under the weight of mounting challenges that have proven to be tooCompanies to resist with their existing retail footprint. Many retailers have reduced their locations in 2020 and 2021 following financial difficulties in the cocoped pandemic, and now record inflation exacerbates the situation. A popular retail chain is already planning to close the locations this month. Read more to find out which company closes the stores in July.

Read this then:This chain of emblematic clothing firm 40 locations this year.

Several companies closed locations in June.

A retail building recently abandoned due to the economic recession.
istock

Store closings were constant this year. Last month, multipleShops in the hometown of Sears In the United States, the United States was permanently closed after its last business day on June 23. This included locations in Cambridge, Minnesota; Luling, Louisiana; Taos, New Mexico; Keokuk, iowa; And Green Valley, Arizona. The same day, Banana Republicclosed a store In Midland, Texas, and announced another closure of the North American location in Winnipeg, Canada.AE0FCC31AE342FD3A1346EBB1F342FCB

The grocery stores were not safe either: on June 3, the germsClosed three locations In the country, two in the San Francisco Bay region and one in Highlands Ranch, Colorado.

Now another popular business is closing stores this month.

Closing down sale sign on shop window
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Some communities are preparing to lose the affairs of another retailer in July. Based on local reports, CVS is preparing to close at least two separate locations in the United States this month. The first closureImpact a location In El Paso, Texas, KTSM recently reported the KTSM. According to the News Out, the CVS of North Mesa Street in downtown El Paso stops on July 14, almost 10 years after the pharmacy chain bought and restored the space in 2013. In a statement to KTSM, CVS said that the prescriptions completed here be transferred to a nearby location on Montana avenue in El Paso.

Thesecond location On the cutting block is in Georgia, WGXA reported affiliated with Fox and ABC. According to the News Out, the CVS on Watson Boulevard in Warner Robins, in Georgia, will be closed permanently on July 20. The company said that it would continue to "provide the community with exceptional service" in six remaining CVS locations in the city.

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This is not the first time that CVS has closed its doors in 2022.

Whisper

In a similar statement provided to both KTSM and WGXA, CVS said that the decision to close the two stores in El Paso and Warner Robins had been taken after examining a certain number of important factors, including "Maintenance Access to pharmacy services in poorly served communities ". This is the same answer as CVs provided when it closed other stores earlier this year. In May, the company definitively closed two locationsCharleston, South Carolina, andWestland, Michigan. And last month, the company also closed stores inChicago, Illinois, andPort Lavaca, Texas.

"Other factors include the dynamics of the local market, population changes, the density of the stores in a community and ensure that there are other geographic access points to meet the needs of the community, y Including COVID-19 tests and vaccinations, "said CVS.

The pharmacies chain has already announced plans for more closings next year.

Troy, Michigan, USA - March 21, 2016: The CVS Pharmacy in Troy, Michigan. CVS is the second largest chain of pharmacies in the USA with over 7,000 locations.
istock

It will not be the last time that CVS has taken an ax for a number of its locations in the coming months. In November 2021, the company announced that it would implement a "new strategy of the retail footprint aligned with the evolution of consumer needs". In its announcement, CVS noted that this initiative will involve the closureAbout 300 stores Each year for the next three years, from spring 2022.

"The company has evaluated changes in the population, consumer purchasing habits and future health needs to ensure that it has the right types of stores in good places for consumers and for the Company, "said CVS, noting that it would mainly focus on digital growth and transformation of stores into" health destinations ". At the end of 2024, the total number of closures will explain About 9% Of nearly 10,000 CVS locations in the United States, according to CNBC.


Categories: Smarter Living
Tags: News / / Shopping
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