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This Common Retail Chain Is Closing Shops, Beginning Aug. 16 — Finest Life

Customers across the U.S. have change into all-too-familiar with retailer closures not too long ago. During the last couple years years, compounding issues—from staffing struggles introduced on by the pandemic to monetary troubles exacerbated by rising inflation—have all contributed to a retail apocalypse. Firms giant and small have been pressured to pare down their brick-and-mortar areas, with even massive names like Walmart making some cuts. And the scenario is way from over. The truth is, one in style chain not too long ago confirmed a sequence of upcoming closures. Learn on to seek out out which retailer is closing shops beginning later this month.

READ THIS NEXT: This Common Chain Is Closing 135 Shops, Beginning Oct. 21.

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A number of retailer closures set for August or later within the 12 months have already been introduced. In July, it was revealed that Kroger could be closing at the least two of its areas this month: one in Little Rock, Arkansas, and one other in Plano, Texas.

The Portland Press Herald additionally reported in July that the favored chain Olympia Sports activities is shuttering all of its retail shops earlier than the top of 12 months. A spokesperson for the corporate instructed the newspaper that every one 35 of its remaining shops would shut by the top of September.

Now, one other in style chain is gearing as much as begin closing shops in August.

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Your native CVS might be one of many areas the corporate is closing over the subsequent two months. In response to a number of information experiences, the favored drugstore chain is shuttering at the least 5 shops all through August and September. The primary closure is about for Camp Hill, Pennsylvania, the place the CVS on Market Road will shut down on Aug. 16, PennLive not too long ago reported. Every week later, one other CVS in Pennsylvania will shutter: The corporate confirmed to The Customary-Journal that it is going to be closing the doorways to its location in Watsontown on Aug. 23.

Following shut behind, the CVS within the Friendship Heights neighborhood of Washington, D.C., shall be closed on Aug. 25, per PoPville, and a location in Rockville, Maryland, is about to shutter on Aug. 29, The MoCoShow reported. Subsequent month, CVS already has plans to eliminate at the least one retailer: a CVS in Warrenton, Virginia, which is closing on Sept. 27, in keeping with the Rappahannock Information.

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Tara Burke, a spokeswoman for CVS, instructed each the Rappahannock Information and The Customary-Journal that it was a “tough choice” to shut its shops of their respective areas. The corporate mentioned the identical factor in an announcement to PennLive. Workers on the soon-to-be-shuttered shops are being provided comparable roles at different CVS areas, and prescriptions are being transferred to close by CVS pharmacies to “make sure that sufferers proceed to have uninterrupted entry to pharmacy care,” in keeping with the spokeswoman.

“Sustaining entry to pharmacy companies is a vital issue we contemplate when making retailer closure selections,” Burke instructed the Rappahannock Information. “Different components embrace native market dynamics, inhabitants shifts, a neighborhood’s retailer density, and making certain there are different geographic entry factors to fulfill the wants of the neighborhood, together with COVID-19 testing and vaccinations.”

CVS Pharmacy storefront with a stop sign in front
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There have been a number of rounds of CVS closures all through 2022 already. Again in June, the corporate closed shops in California, North Carolina, and Florida. Then in July, each a CVS in Texas and a CVS in Georgia had been completely shuttered. These current closures and people set for August and September are half of a bigger initiative CVS introduced final 12 months.

In Nov. 2021, the corporate revealed that it will be implementing a “new retail footprint technique aligned to evolving shopper wants,” which might require the closure of round 900 CVS shops over the course of the subsequent three years. On the time, CVS confirmed that the closures would begin in spring 2022 and that it will shutter about 300 shops every year.

“The corporate has been evaluating adjustments in inhabitants, shopper shopping for patterns and future well being wants to make sure it has the precise sorts of shops in the precise areas for shoppers and for the enterprise,” CVS mentioned final 12 months.

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