CVS Pharmacy, one of the largest pharmacy chains in the United States, announced on October 1st that it will be closing its doors permanently on April 1st, 2019. The decision to close the chain came after years of struggling to keep up with the competition, as well as an increase in health care costs.
CVS cited an increase in health care costs, prescription drug prices, and the opioid crisis as the main reasons for the closure.
The closure of CVS Pharmacy will have a major impact on the American economy. The chain was one of the largest employers in the United States, with over 150,000 employees.
The closure of the chain will result in the loss of jobs, and will have a negative impact on the economy as a whole.
The closure of CVS Pharmacy will also have a major impact on the American health care system. The chain was one of the largest providers of pharmacy services in the United States, and the loss of the chain will mean the loss of a major provider of pharmacy services.
The closure of the chain will have a negative impact on the quality of health care services available in the United States, and will result in the increase of health care costs for Americans.
