CVS Health Stock News

Nearly a third of the U.S. retail pharmacies that were open from 2010 to 2020 had shuttered by 2021, study finds.

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This year's top performer among the S&P 500 has been CVS Health's stock, which had a bad 2024 and is cheap by a key valuation measure.

CVS is opening new stores around the nation, but they will be significantly smaller and focus only on pharmacy services. The move comes as the industry undergoes a major shift.

CVS said it will open a dozen or more drugstores that only have pharmacies as it scrambles to remain competitive against rivals like Target, Amazon, Walgreens, and Rite Aid. The smaller stores, each location averaging less than 5,000 square feet, will feature a full service pharmacy with limited over-the-counter products for purchase.

CVS is reportedly opening 12 smaller-footprint locations focused more on healthcare than consumer products. As The Wall Street Journal (WSJ) reported Sunday (March 9), the new stores will feature full-service pharmacies but limited retail.

Foundation announces $2 million in new Health Zones funding to support at-risk populations WOONSOCKET, R.I. , March 6, 2025 /PRNewswire/ -- The CVS Health® Foundation today announced $2 million in new Health Zones funding to support the Hispanic Health Council's Family Wellness Center and its agency partners, all located in Hartford, Connecticut.

With latest transaction, Wellvana supports primary care providers across 40 states, serving approximately 1 million patients. NASHVILLE, Tenn.