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CVS Aims For 1,500 HealthHUBs By The End Of 2021

CVS Aims For 1,500 HealthHUBs By The End Of 2021

CVS is sharpening its focus on top-performing stores: the retailer will redesign 1,500 stores to match the HealthHUB concept by the end of 2021, close 46 underperforming locations and carefully review the leases on the 500 stores that come up for renewal every year. The HealthHUB expansion will kick off with remodels in Houston, Atlanta, Philadelphia, southern New Jersey and Tampa, Fla. taking place by the end of 2019.

The retailer also is planning to open 50 new CVS stores with HealthHUB features such as expanded clinics and wellness rooms, according to CNBC. The company also is working on adjusting the design to meet the needs of different markets, such as opening smaller HealthHUBs in the Northeast than in Texas.

So far, HealthHUB stores have been a success for the company. The locations have seen higher traffic in their MinuteClinics, increased sales in the front of the store and higher prescription volumes, according to Kevin Hourican, EVP of CVS Health and President of CVS Pharmacy.

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