MOORHEAD — The CVS Pharmacy located at 822 30th Ave. S. in Moorhead is set to close by the end of next month.
The official closing date is set for Friday, Feb. 25, a company official confirmed to InForum Tuesday, Jan. 18.
The decision to close was a “difficult business decision,” CVS Pharmacy’s manager of retail communications Matt Blanchette said in an emailed statement. “The closure of this store is not a reflection of the hard work and dedication of our employees,” the statement continued. “In fact, our colleagues will be given the opportunity to transition into comparable roles at other CVS locations nearby.”
In November 2021, CVS announced plans to close 300 stores per year over the next three years in order to “reduce store density in certain locations.” CVS currently has over 9,900 locations across the nation. However, the move to close the Moorhead CVS was the result of a "regular review" of locations which had previously taken place.
Prescriptions will be transferred automatically to the CVS Pharmacy located at 1714 Center Ave. W. in Dilworth. Other CVS locations in the metro area include one inside the Moorhead Target and two in Fargo.
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“We understand the disappointment of our closing store's neighbors and customers,” the statement read. “We are committed to the area and will continue to provide the community with outstanding service at our other stores nearby.”
Over the past year, shares of CVS ( NYSE: CVS ) have risen by nearly 37%.
The Moorhead CVS joins two other pharmacies in the Fargo-Moorhead area which have closed in recent months.
Thrifty Drug, located inside Hornbacher’s at 1532 32nd Ave. S., closed Wednesday, Nov. 24 . Medical Pharmacy, located inside downtown Fargo’s Sanford Professional Building, also closed at the end of November.
Mark Hardy, executive director of the North Dakota Board of Pharmacy, confirmed to InForum that economic reasons were to blame for the closure of both pharmacies. The two were owned by the same person, Hardy noted.
Prescriptions at both Thrifty Drug and Medical Pharmacy were transferred to Linson Pharmacy at 3175 25th St. S. in Fargo.
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