CVS Well being closes St. Paul pharmacy as a part of technique shift

CVS Well being has closed a pharmacy within the Payne-Phalen neighborhood of St. Paul, a part of a nationwide technique shift that is resulted in three retailer closures in Minnesota.

The shop at Maryland Avenue and Arcade Avenue closed June 30, roughly three months after CVS closed one other St. Paul retailer at Snelling and College avenues. In February, the corporate closed a retailer in Moorhead.

CVS announced plans in November to shut about 900 shops — roughly 300 shops per 12 months over a three-year interval — to cut back retailer density in sure components of the nation.

The Rhode Island-based agency is without doubt one of the nation’s largest pharmacy operators with greater than 9,000 retail places. The corporate says it is focusing sources on shops that provide a wider vary of well being companies, together with some with major care.

“At the moment, we have now no plans to shut further Minnesota places this 12 months,” CVS Well being mentioned in a press release to the Star Tribune.

“We now have almost 100 CVS Pharmacy places throughout the Twin Cities metro space,” the corporate mentioned. “Greater than half of these places embody a MinuteClinic, which affords sufferers reasonably priced and handy walk-in well being care companies, and almost 20 are CVS HealthHUB places, which provide services designed for a broad vary of well being and wellness wants.”

All prescriptions from the pharmacy within the Payne-Phalen neighborhood have been transferred to close by CVS places, the corporate mentioned, including that staff have been provided comparable jobs at different places.

A primary competitor, Walgreens, operates a pharmacy simply throughout the road from the positioning.

When deciding whether or not to shut a retailer, CVS says it considers sustaining entry to pharmacy companies, notably in susceptible communities. Different components embody “market dynamics, inhabitants shifts, a group’s retailer density and making certain there are different geographic entry factors to satisfy the wants of the group.”

“We’ll proceed to supply Minnesotans with excellent service at our a number of different handy places within the space,” the corporate mentioned.

Throughout the previous 18 months, CVS Well being’s shops have joined with different pharmacies to play a big function within the COVID-19 vaccine marketing campaign throughout Minnesota.

https://www.startribune.com/cvs-health-closes-st-paul-pharmacy-as-part-of-national-strategy-shift/600189366/