Retail

CVS Health just closed 46 stores — here's the list

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FILE- In this Aug. 7, 2018, file photo a CVS Pharmacy building sign rests on a Jackson, Miss., store. CVS Health reports financial results Wednesday, May 1, 2019. (AP Photo/Rogelio V. Solis, File)
CVS Health is closing stores.  Associated Press

CVS Health closed 46 stores across 16 states in April, the company told Business Insider on Thursday.

"This decision was made after a thorough review of each store's lease obligations and financial performance, among other factors," a company spokesperson said.

The company said customers' prescriptions have been transferred to nearby CVS Pharmacy locations and that it is working to place affected employees at other stores. 

In regulatory filings, CVS said it made the decision to close underperforming locations as part of a "store rationalization" plan.

"During the three months ended March 31, 2019, the company performed a review of its retail stores and determined it would close 46 underperforming retail pharmacy stores during the second quarter of 2019," the company said.

The closings represent a small percentage of CVS stores, which totaled more than 9,900 locations as of March 31. 

The company said the closings would cost about $135 million. 

CVS first disclosed plans to close 46 stores on Wednesday, as it reported a 35% year-over-year increase in first-quarter revenues to $61.6 billion.

"We generated strong first quarter results, providing positive momentum to start the year," Larry Merlo, CVS's president and CEO, said in a statement. "Following the close of our Aetna acquisition in late November, our first full quarter of combined operations was a success in many ways. In the quarter we continued to advance our integration efforts while beginning to launch new innovations such as our HealthHUB concept stores."

USA Today's Nathan Bomey obtained the following list of most of the closed stores. CVS declined to comment on the list.

3115 Bob Wallace Ave. SW, Huntsville, Alabama

664 Schillinger Road S., Montgomery, Alabama

2815 Low Wetumpka Road, Montgomery, Alabama

7434 W. Indian School Road, Phoenix

3130 Buchanan Road, Antioch, California

1285a Sutter St., San Francisco

995 Market St., San Francisco

9375 San Fernando Road, Sun Valley, California

1201 Maryland Ave. SW, Washington, DC

402 N. Maryland Ave., Wilmington, Delaware

1350 Beville Road, Daytona Beach, Florida

13991 N. Cleveland Ave., North Fort Myers, Florida

1607 S. Pine Ave., Ocala, Florida

3168 Northlake Blvd., Palm Beach Gardens, Florida

1441 Kapiolani Blvd. Suite 510, Honolulu

1401 S. Beretania St. Suite 110, Honolulu

745 W. 103rd St., Chicago

175 W. Jackson Blvd., Chicago

1620 W. 59th St., Chicago

1550 N. Kostner Ave., Chicago

7179 N. Lincoln Ave., Lincolnwood, Illinois

1015 W. Orchard Road, North Aurora, Illinois

100 W. Higgins Road, South Barrington, Illinois

123 Windermere Ave., Greenwood Lake, New York

812 Forest Ave., Staten Island, New York

10301 Woodward Ave., Detroit

7996 Brooklyn Blvd., Brooklyn Park, Minnesota

1110 Hennepin Ave., Minneapolis

2426 W. Broadway Ave., Minneapolis

1735 South Glenstone Ave., Springfield, Missouri

7105 Central Ave. NE, New Mexico

1454 Central Blvd., Brownsville, Texas

1407 E. W. Hwy 190, Copperas Cove, Texas

2525 N. Mesa St., El Paso, Texas

3080 S. Fry Road, Katy, Texas

4730 US Route 5, Newport, Texas

5322 E. US Highway 83, Rio Grande City, Texas

7031 Marbach Road, San Antonio

6945 Cypresswood Drive, Spring, Texas

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Hayley Peterson
Hayley Peterson
Hayley Peterson is an Executive Editor who oversees coverage of the economy, tech, media, advertising, defense, careers, and more.She was previously a chief correspondent at Business Insider and wrote breaking news, analysis, and in-depth investigations on large consumer companies, with an emphasis on retailers including Amazon, Walmart, major grocery chains, and department stores.Hayley won recognition from the Society for Advancing Business Editing and Writing in 2018 for "defining the retail apocalypse" through her reporting on retail job losses, the decline of Sears, and the impact of store closings on bondholders.Prior to joining Business Insider in 2013, Hayley was a White House correspondent and embedded on the presidential 2012 campaign trail.