CVS Pharmacy has announced that they will be closing another upstate New York location before the end of 2024.
If you haven't noticed yet it has been another rough year for many retail stores, restaurants, and pharmacies across the country leading some to announce they would be closing select locations.
Big Lots recently announced they would be closing various New York locations across the state including stores in Wappingers Falls, Kingston, and Poughkeepsie, New York. TGI Fridays abruptly closed locations across the Hudson Valley in Poughkeepsie and Newburgh. Denny's announced they would also be closing 150 restaurants over the next year starting with closing 50 by the end of the year.
Back in July, we learned that Walgreens would be closing a couple of its 475 stores in New York before the end of the year. Rite Aid has been closing stores since 2023 when they announced they had filed for bankruptcy protection and now another big-name pharmacy has announced they will be closing another location.
A few years ago CVS announced they would be closing about 10% of its U.S. locations, around 900 stores, between 2022 and 2024 to try and correct the company's struggling profits. Select locations have closed since then and now it appears that the 4th upstate New York location will be closing before the end of the year.
Back in June, the CVS Pharmacy in Troy, NY closed becoming the third store to close joining the CVS stores that used to be on Central Avenue and Madison Avenue in Albany, New York. We can now add the CVS Pharmacy at 1170 Western Avenue in Albany, NY to the list of stores closing according to WTEN.
The Western Ave CVS will close for good on Thursday, December 12th according to a company spokesperson who told WTEN, "Maintaining access to pharmacy services in the communities we serve is an important factor we consider when making store closure decisions. Other factors include local market dynamics, population shifts, a community's store density, and ensuring there are other geographic access points to meet the needs of the community."
Customers who use this CVS location will have their prescriptions transferred to the CVS Pharmacy at 885 Central Avenue in Albany.