{"id":12503,"date":"2023-09-29T03:27:31","date_gmt":"2023-09-29T03:27:31","guid":{"rendered":"https:\/\/usandglobalnewslinks.com\/?p=12503"},"modified":"2023-09-29T03:50:15","modified_gmt":"2023-09-29T03:50:15","slug":"cvs-pharmacy-to-close-900-stores-by-the-end-of-2024-citing-shoplifting-as-major-problem","status":"publish","type":"post","link":"http:\/\/usandglobalnewslinks.com\/2023\/09\/29\/cvs-pharmacy-to-close-900-stores-by-the-end-of-2024-citing-shoplifting-as-major-problem\/","title":{"rendered":"CVS Pharmacy to Close 900 Stores by the End of 2024, Citing Shoplifting as Major Problem"},"content":{"rendered":"<!--themify_builder_content-->\n<div id=\"themify_builder_content-12503\" data-postid=\"12503\" class=\"themify_builder_content themify_builder_content-12503 themify_builder tf_clear\">\n                    <div  data-lazy=\"1\" class=\"module_row themify_builder_row tb_3t6a499 tb_first tf_w\">\n                        <div class=\"row_inner col_align_top tb_col_count_1 tf_box tf_rel\">\n                        <div  data-lazy=\"1\" class=\"module_column tb-column col-full tb_otks499 first\">\n                    <!-- module text -->\n<div  class=\"module module-text tb_i414499   \" data-lazy=\"1\">\n        <div  class=\"tb_text_wrap\">\n        <p>(Source: The Gateway Pundit)<\/p>\n<p><strong>CVS says it will close NINE HUNDRED stores by the end of 2024 \u2013 10% of all its shops \u2013 as it moves to online strategy amid rampant increase in shoplifting<\/strong><\/p>\n<p>CVS is set to close hundreds of stores across the country as it undergoes a complete retail overhaul \u2013 as more outlets move towards online sellers amid rampant increases in crime.<\/p>\n<p>The major drugstore chain is coming to the end of a policy launched in 2021 which will see 300 stores closed each year \u2013 meaning 900 will have shuttered by 2024.<\/p>\n<p>In the announcement, which has hit headlines again recently amid rampant shoplifting at the chain, bosses they said that they were undergoing a new \u2018retail footprint strategy.\u2019<\/p>\n<p>CVS and other retailers across the US continue to adjust to post-pandemic footfall, with COVID helping turbocharge the popularity of online shopping.<\/p>\n<div class=\"code-block code-block-19\">\n<div class=\"ai-dynamic\" data-code=\"\" data-fallback-code=\"\">More shoppers are turning to buying online in the wake of the pandemic, as well as rocketing levels of shoplifting affecting sales in stores.<\/div>\n<\/div>\n<p>CVS claims that \u2018local market dynamics, population shifts, and a community\u2019s store density\u2019 are some of the aspects it has looked into when deciding which stores to shutter.<\/p>\n<p><strong><em>Related:<\/em><\/strong><\/p>\n<p class=\"font-bold text-primary  text-3xl leading-tight mb-4\"><strong><span style=\"color: #00ccff;\"><a style=\"color: #00ccff;\" href=\"https:\/\/theconservativetreehouse.com\/blog\/2023\/09\/26\/target-closing-stores-in-nyc-san-francisco-oakland-portland-and-seattle-due-to-rampant-crime-and-lawlessness\/\" target=\"_blank\" rel=\"noopener\">Target Closing Stores in NYC, San Francisco, Oakland, Portland and Seattle Due to Rampant Crime and Lawlessness<\/a><\/span><\/strong><\/p>\n<p><br \/><br \/><\/p>    <\/div>\n<\/div>\n<!-- \/module text --><!-- module buttons -->\n<div  class=\"module module-buttons tb_wz25500 buttons-horizontal solid \" data-lazy=\"1\">\n        <div class=\"module-buttons-item tf_in_flx\">\n                        <a href=\"https:\/\/www.thegatewaypundit.com\/2023\/09\/cvs-pharmacy-close-900-stores-end-2024-citing\/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=cvs-pharmacy-close-900-stores-end-2024-citing\" class=\"ui builder_button tf_in_flx red\" target=\"_blank\" rel=\"noopener\">\n                                                Read Full Story                                   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role=\"img\"><use href=\"#tf-fab-x-twitter\"><\/use><\/svg><\/em>\n                                                    <\/a>\n                    <\/div>\n                                    <div class=\"ss_anchor_wrap tf_inline_b\">\n                        <a href=\"#\" data-type=\"pinterest\">\n                            <em class=\"tb_social_share_icon\"><svg  aria-label=\"Pinterest\" class=\"tf_fa tf-ti-pinterest\" role=\"img\"><use href=\"#tf-ti-pinterest\"><\/use><\/svg><\/em>\n                                                    <\/a>\n                    <\/div>\n                                    <div class=\"ss_anchor_wrap tf_inline_b\">\n                        <a href=\"#\" data-type=\"email\">\n                            <em class=\"tb_social_share_icon\"><svg  aria-label=\"Email\" class=\"tf_fa tf-ti-email\" role=\"img\"><use href=\"#tf-ti-email\"><\/use><\/svg><\/em>\n                                                    <\/a>\n                    <\/div>\n                            <\/div>\n<\/div>\n<!-- \/module social share -->\n        <\/div>\n                        <\/div>\n        <\/div>\n        <\/div>\n<!--\/themify_builder_content-->\n","protected":false},"excerpt":{"rendered":"<p>(Source: The Gateway Pundit) CVS says it will close NINE HUNDRED stores by the end of 2024 \u2013 10% of all its shops \u2013 as it moves to online strategy amid rampant increase in shoplifting CVS is set to close hundreds of stores across the country as it undergoes a complete retail overhaul \u2013 as [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12504,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48,361,174],"tags":[],"class_list":["post-12503","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crime","category-store-closures","category-us-news","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"builder_content":"<p>(Source: The Gateway Pundit)<\/p> <p><strong>CVS says it will close NINE HUNDRED stores by the end of 2024 \u2013 10% of all its shops \u2013 as it moves to online strategy amid rampant increase in shoplifting<\/strong><\/p> <p>CVS is set to close hundreds of stores across the country as it undergoes a complete retail overhaul \u2013 as more outlets move towards online sellers amid rampant increases in crime.<\/p> <p>The major drugstore chain is coming to the end of a policy launched in 2021 which will see 300 stores closed each year \u2013 meaning 900 will have shuttered by 2024.<\/p> <p>In the announcement, which has hit headlines again recently amid rampant shoplifting at the chain, bosses they said that they were undergoing a new \u2018retail footprint strategy.\u2019<\/p> <p>CVS and other retailers across the US continue to adjust to post-pandemic footfall, with COVID helping turbocharge the popularity of online shopping.<\/p>\nMore shoppers are turning to buying online in the wake of the pandemic, as well as rocketing levels of shoplifting affecting sales in stores.\n<p>CVS claims that \u2018local market dynamics, population shifts, and a community\u2019s store density\u2019 are some of the aspects it has looked into when deciding which stores to shutter.<\/p> <p><strong><em>Related:<\/em><\/strong><\/p> <p><strong><a style=\"color: #00ccff;\" href=\"https:\/\/theconservativetreehouse.com\/blog\/2023\/09\/26\/target-closing-stores-in-nyc-san-francisco-oakland-portland-and-seattle-due-to-rampant-crime-and-lawlessness\/\" target=\"_blank\" rel=\"noopener\">Target Closing Stores in NYC, San Francisco, Oakland, Portland and Seattle Due to Rampant Crime and Lawlessness<\/a><\/strong><\/p> <p><br \/><br \/><\/p>\n<a href=\"https:\/\/www.thegatewaypundit.com\/2023\/09\/cvs-pharmacy-close-900-stores-end-2024-citing\/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=cvs-pharmacy-close-900-stores-end-2024-citing\" target=\"_blank\" rel=\"noopener\"> Read Full Story <\/a>\n<a href=\"#\" data-type=\"facebook\"> <em><svg aria-label=\"Facebook\" role=\"img\"><use href=\"#tf-ti-facebook\"><\/use><\/svg><\/em> <\/a> <a href=\"#\" data-type=\"twitter\"> <em><svg aria-label=\"Twitter\" role=\"img\"><use href=\"#tf-fab-x-twitter\"><\/use><\/svg><\/em> <\/a> <a href=\"#\" data-type=\"pinterest\"> <em><svg aria-label=\"Pinterest\" 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