Thread regarding CVS layoffs

U can call bs on this but it’s not

Almost 400 stores will close this year
Staggered , every region - lease will not be only factor

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Post ID: @OP+12W8A1n0

12 replies (most recent on top)

Store close to my house closed down out of no where last week. I was shocked because it seemed busy and it had only been open for almost 3 years.

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Post ID: @eshr+12W8A1n0

Why’s it that cvs inside of targets are never affected? Why not close those pharmacies?

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Post ID: @cwrq+12W8A1n0

The powers that b have been tasked with
Selecting the first 60-80 stores to close
In the first wave , I guess the op knew something

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Post ID: @bkrk+12W8A1n0

This is where all the health hub money is going to come from. All min clinic stores will be hubs in a year.

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Post ID: @5saa+12W8A1n0

Nuts. cVS earnings will continue to beat WS expectations and will only improve with IGor gone. No way CVS stock tanks.

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Post ID: @5qbf+12W8A1n0

Nooooo it’s not just wait 60 days
Stock will tank on announcement
Hince Kevin resigning

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Post ID: @4pbl+12W8A1n0

I call BS on this one!

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Post ID: @1bpi+12W8A1n0

Wow that will free over 10,000 slaves. Break your chains and go on down the road. Say goodbye before they pull the rug on you.

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Post ID: @1sgh+12W8A1n0

@12W8A1n0-ngt Sounds like that RM let cat slip out of the bag. Boy if that isn’t a big oops! But if that’s true, oh man!

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Post ID: @pbl+12W8A1n0

The only proof I have is second hand from a regional that slipped up and said 4% will close this year - I don’t have a time table

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Post ID: @ngt+12W8A1n0

My local cvs it’s doors tomorrow for good.
Low volume store.

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Post ID: @tpd+12W8A1n0

This is interesting! Any solid proof of this? And any idea when word of this comes down? CVS is really good at keeping things on the down low, and really good at corporate spin, so not surprised at this at all. Probably related to budget cuts because of the Aetna merger.

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Post ID: @atp+12W8A1n0

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