Heritage Drive CVS will close

The CVS store in the Heritage shopping center at 7859 Heritage Drive, Annandale, is closing. The store manager, known as JD, said the store’s last day will be June 5.

He said pharmacy customers will be able to transfer their prescriptions to other CVS stores.

The company closed about 900 stores between 2022 and 2024 and plans to close an additional 270 this year, according to a report by Fox 5 Washington DC.

A report on NPR says both CVS and Walgreens are on a multibillion-dollar cost-cutting spree due to multiple factors. The retailers have too many locations; had disruptive conflicts with health insurers; and face stiff competition from Amazon, Walmart, and Costco.

Both chains spent millions of dollars on government fines over allegations of unsafe staffing levels, overbilling government insurance programs, and contributing to the opioid epidemic, NPR stated.

Walgreens plans to close 1,200 stores over the next three years, including 500 in 2025.