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CVS Health Earnings Benefit From COVID-19

CVS Health reported better-than-expected earnings buoyed by customer demands for COVID vaccinations and at-home tests. “CVS has been repositioning itself with a strong health care focus. It plans to close some 900 of its approximately 10,000 stores during the next three years as it creates three distinct store formats to drive higher engagement with consumers and serve as community health destinations,” per Chain Store Age.

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