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CVS to close 'under-performing" locations across the U.S.

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Copyright Getty Images
Scott Olson
<p>CHICAGO, IL - MAY 05: A sign marks the location of a new CVS pharmacy May 5, 2004 in Chicago, Illinois. CVS posted nearly a 25 percent rise in first quarter profit from a year ago, driven by an increase in generic drug sales and lower losses from theft. (Photo by Scott Olson/Getty Images)</p>
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Posted at 3:01 PM, May 02, 2019
and last updated 2019-05-02 18:01:13-04

On Thursday, CVS Health announced that it is closing 46 stores this year.

The drugstore chain made the announcement as it released earnings for the first quarter of the year.

CVS called the locations that are on the chopping block "under-performing".

No word on how many employees will be affected by this move but USA Today reports that the stores scheduled to close are located in 13 states.

Copyright 2021 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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