CVS announces 46 store closures

[TheFugitive]

The list:

Alabama

Huntsville: 3115 Bob Wallace Ave SW

Mobile: 664 Schillinger Rd S

Montgomery: 2815 Lower Wetumpka Rd

Arizona

Phoenix: 7434 W Indian School Rd

California

Antioch: 3130 Buchanan Rd

San Francisco: 1285 A Sutter St

San Francisco: 995 Market St

Sun Valley: 9375 San Fernando Rd

District of Columbia

Washington, DC: 1201 Maryland Ave SW

Delaware

Wilmington: 402 N Maryland Ave

Florida

Daytona Beach: 1350 Beville Rd

North Fort Myers: 13991 N Cleveland Ave

Ocala: 1607 S Pine Ave

Palm Beach Gardens: 3168 Northlake Blvd

Hawaii

Honolulu: 1441 Kapiolani Blvd. Suite 510

Honolulu: 1401 S Beretania St. Suite 110

Illinois

Chicago: 745 W 103rd St

Chicago: 175 W Jackson Blvd

Chicago: 1620 W 59th St

Chicago: 1550 N Kostner Ave

Lincolnwood: 7179 N Lincoln Ave

North Aurora: 1015 W. Orchard Rd.

South Barrington: 100 W Higgins Rd

New York

Greenwood Lake: 123 Windermere Ave

Staten Island: 812 Forest Ave

Michigan

Detroit: 10301 Woodward Ave.

Minnesota

Brooklyn Park: 7996 Brooklyn Blvd.

Minneapolis: 1110 Hennepin Ave.

Minneapolis: 2426 W. Broadway Ave.

Missouri

Springfield: 1735 South Glenstone Ave.

New Mexico

Albuquerque: 7105 Central Ave. NE

Texas

Brownsville: 1454 Central Blvd.

Copperas Cove: 1407 E W Hwy 190

El Paso: 2525 N. Mesa St.

Katy: 3080 S Fry Rd

Newport: 4730 US Route 5

Rio Grande City: 5322 E. US Highway 83

San Antonio: 7031 Marbach Rd.

Spring: 6945 Cypresswood Dr

[retailisking]

The list includes previously-closed locations, including the largest CVS in the chain, a former Katz City in Springfield, MO. A marvel of Mid-Century Modern architecture, it was built in 1961 and survived a succession of corporate mergers. Attached is a postcard image of the building in its original incarnation as Katz.
https://www.news-leader.com/story/news/local/ozarks/2013/11/25/built-to-be-katz-city-now-the-largest-cvs-in/77386694/


CVS let the building deteriorate before closing it altogether on April 1
https://www.news-leader.com/story/news/local/ozarks/2019/03/04/cvs-store-location-glenstone-close-april-fools-day/3054796002/

[giantsfan2016]

I'm surprised that the one in the ShopRite Plaza in Southington isn't on this list. It's small at around 8,400 Square Feet, it's outdated, and it doesn't do a lot of business. They lost a lot of business at this location when they stopped selling tobacco products. They were the only store in the plaza that sold them.

[mixedday]

I'm surprised that the one in the ShopRite Plaza in Southington isn't on this list. It's small at around 8,400 Square Feet, it's outdated, and it doesn't do a lot of business. They lost a lot of business at this location when they stopped selling tobacco products. They were the only store in the plaza that sold them.

The CVS might still exist because the ShopRite there doesn't have a pharmacy. But CVS' prices are typically higher for everything else that one can get at ShopRite.

[AmesNewington]

I'm surprised that the one in the ShopRite Plaza in Southington isn't on this list. It's small at around 8,400 Square Feet, it's outdated, and it doesn't do a lot of business. They lost a lot of business at this location when they stopped selling tobacco products. They were the only store in the plaza that sold them.

The CVS might still exist because the ShopRite there doesn't have a pharmacy. But CVS' prices are typically higher for everything else that one can get at ShopRite.

I'm still surprised CVS hasn't shown interest in the former Rite Aid building down the street. It's freestanding, much larger and stands across from the I-84 on and off ramp. CVS's current location is so small, it's sometimes hard to even notice it. The doors are still the old push doors (no automatic doors). What's also surprising is that there is no Walgreens I know of on Queen Street. The only retail pharmacies I am aware of on that stretch are the ones in Price Chopper and also Stop and Shop on North Main Street. There is a Walgreens and CVS on the corner of New Britain Ave and East Street (Route 10) across from each other in Plainville. 

[TheFugitive]

There may be a restrictive covenant on the property that prevents it being used to
house another drug store.

This is a common tactic used by Giant Eagle here in Pittsburgh.  If they decide to close
a location you can bet your bottom dollar another grocer will never be permitted to
inhabit that property.

Most of the former Rite Aids I know of became thrift stores, Dollar General locations
or beer distributors.

[mixedday]

I'm still surprised CVS hasn't shown interest in the former Rite Aid building down the street. It's freestanding, much larger and stands across from the I-84 on and off ramp. CVS's current location is so small, it's sometimes hard to even notice it. 

Does it get a lot of shared customers from ShopRite, who need pharmacy prescriptions picked up?  If it closed, the ShopRite owner could expand and add pharmacy, but CVS might be fine keeping the site until the site is no longer profitable.

Here is the LoopNet listing for that Rite Aid location:
https://www.loopnet.com/Listing/500-Queen-St-Southington-CT/13012754/

From Rite Aid's store locator, the nearest operating Rite Aid is over 6 miles away as well. Probably Rite Aid wouldn't want to sublease to CVS. But if Rite Aid's nearest store is 6 miles away, it probably isn't directly competing much in that area.

I always find it interesting when I see two fairly large CVS stores within a mile of each other, then other areas where there is a lot of other retail but CVS (and even Walgreens) is noticeably absent. Similarly with Starbucks.