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CVS To Close 200-225 Eckerd Stores; Number Is Fewer Than Expected, Retailer Says

This article was originally published in The Pink Sheet Daily

Executive Summary

The chain has held “introductory meetings” with Eckerd workers; the acquisition of 1,260 stores is expected to close in June. The Eckerd Health Services PBM could help revitalize CVS’ PharmaCare division, which experienced flat growth in the first quarter.

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