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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 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]
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.
CVS will close dozens of pharmacies located inside of Target stores in early 2024, a company spokesperson said on Thursday.
The Star contacted 19 CVS locations in the Kansas City area Monday — including 16 located within Target stores, where most of the closures occurred.
The CVS inside the Target at 12200 Blue Valley Parkway in Overland Park was closed Friday “due to circumstances beyond our control,” according to its automated phone line.