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CVS will close dozens of pharmacies located inside of Target stores in early 2024, a company spokesperson said on Thursday.
On June 15, 2015, CVS Health announced its agreement to acquire Target Corporation 's pharmacy and retail clinic businesses. The deal expanded CVS to new markets in Seattle, Denver, Portland and Salt Lake City. The acquisition includes more than 1,660 pharmacies in 47 states. [36]
2015: CVS Health acquires Target Corporation's 1,600+ pharmacies and retail medical clinics inside Target stores. CVS has begun operating them through a store-within-a-store format. 2017: CVS announced they would be installing 25 vending machines in high traffic areas like, bus terminals, airports, and college campuses.
On June 15, 2015, CVS Health announced an agreement with Target to acquire all of Target's pharmacies and clinic businesses for around $1.9 billion. The Target pharmacies were rebranded as CVS Health pharmacies, which totaled 1,672 pharmacies in February 2016. The Target clinics were also rebranded as MinuteClinic.
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There are multiple CVS locations that have closed across the Sacramento region in recent months. CVS Pharmacy in Sacramento midtown’s Target is closing. Here’s the last day it will be open