The closure of CVS pharmacies located within Target stores in Minnesota signifies a shift in the retail pharmacy landscape. This business decision, resulting from the acquisition of Target’s pharmacy and clinic businesses by CVS Health, involves the integration of these operations into existing CVS locations. For example, a Target store with an in-store CVS pharmacy might see that pharmacy close, with prescriptions and patient files transferred to a nearby standalone CVS Pharmacy.
This consolidation aims to streamline operations and potentially enhance efficiency for both companies. It impacts customers by changing their pharmacy access points and potentially introducing them to new services or a different pharmacy experience. Understanding the historical context of the Target-CVS partnership provides insights into this transition. Originally, Target opted to outsource its pharmacy operations to CVS Health rather than manage them independently. The recent closures represent a further evolution of this relationship.