Investment
Features
FeesSafety
Academy
More
Pluang+

CVS plans to open 60 stores in 2026 after four years of shrinking its retail footprint

Market News
30 Mar 2026
PYMNTS
View Source
Bullish
pluang ai news

CVS Health is reversing its trend of shrinking retail presence by planning to open 60 new stores in 2026, including 20 small pharmacy-only locations, while closing a few dozen others. This shift follows four years of net store closures amid industry challenges like insurer reimbursement cuts and competition from discount and online retailers. The expansion is supported by gains from previous store closures and renegotiated insurer contracts. CVS also continues to integrate assets from Rite Aid and is leveraging its retail media platform to engage consumers.

More News (CVS)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App