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CVS plans 20 new small pharmacy-only stores in 2026 to enhance community care.

Market News
01 Apr 2026
PYMNTS
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Bullish
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CVS Health is expanding its new pharmacy-only store format by opening about 20 smaller locations across the U.S. in 2026, following the launch of its first such store in late 2025. These stores, averaging 3,000 square feet, focus on providing full-service pharmacy care with a curated selection of over-the-counter products, aiming to strengthen pharmacist-patient relationships. Alongside these, CVS plans to open over 40 additional stores, including traditional and Target-based pharmacies, after previously closing many locations due to market pressures. This expansion reflects CVS's strategy to grow its retail footprint by leveraging gains from store closures and supplier contract renegotiations, serving more customers post its Rite Aid asset acquisition.

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