CVS is the next company to close its locations in Connecticut. They will close their facilities at 777 Main St. and 690 Wethersfield Ave. by the middle of March.
According to CVS, individuals will be able to get their prescriptions at either of the other two locations in Hartford or at any other CVS site they like. According to them, all employees at both locations are being given the opportunity to take on similar positions within the company.
In any case, the people we talked to in Hartford said that their local CVS is too convenient to get rid of.
A local shopper commented, “They can close any other store, but not this one.”
Ambuj Bajbai, who lives in Hartford, stated, “I’m not happy.”
Evens Delicete, who is employed in Hartford, stated, “I will be sad because I use this store.”
CVS made the following statement:
“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.”
CVS shut down nine locations in Connecticut in 2024, but they claim that, except from these two, there are no more closures scheduled for 2025 at this moment.
They are not the first major brand store in our state to shut down its locations. Since 2023, some or all of the locations of the following retailers in Connecticut have closed: Walgreens, Stop & Shop, Gamestop, Bob’s Furniture, Big Lots, Advance Auto Parts, Rite Aid, BuyBuyBaby, and Party City.
“We saw with COVID some of these operations actually closed. Certain box stores filed for bankruptcy. CVS, and we can even say Walgreens, they’re all trying to get ahead of the curve here,” Brian Marks, an economics expert at the University of New Haven stated.
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He stated that businesses of all types are feeling the burden of the expanding internet economy.
He anticipates that businesses will alter their methods of operating a shop and forecasts that items with more utility will appear in some of these sought-after spots.
Marks stated that although if it is not unusual for stores to open and close, the shopping landscape is very different from what it used to be, and it continues to change.
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“What we’ve seen is a trend of what it means to be online. And if you do not pivot, even small entrepreneurs will need to pivot because you cannot rely solely on foot traffic anymore to be sustainable,” Marks stated.
