CVS has announced that it will be closing more store locations in California this year.
Currently, CVS is in the process of closing hundreds of pharmacy locations throughout the US and California. The latest casualty is the CVS Pharmacy in Downtown Berkeley, located at 2300 Shattuck Avenue.
According to a sign posted in the store window, the Berkeley location will be closing on June 15, 2022.
Customers who regularly shop at the downtown location can go to the CVS Pharmacy inside the Target store on Shattuck Avenue. As far as we know, that location will remain open for the time being.
Three additional CVS locations are open throughout Berkeley, in addition to the Shattuck Avenue store.
The move to close hundreds of CVS Pharmacy locations comes as the primarily "brick and mortar" brand continues to face pressure from online retailers and declining foot traffic at many of its exiting store locations.
According to reports, CVS has plans to shift its business model to offer primary care services in addition to its current pharmacy options. However, in order to make the shift, the company plans to close at least 300 more store locations across the country over the next couple of years.
We are guessing that at least a handful of those closing store locations will be in California.
A spokesperson for CVS told local reporters that the decision to close a store is always "difficult"; however, decisions like this are often necessary to position the company for long-term growth.
Will you miss this Berkeley location once it closes?
Let us know in the comments.