CVS Closes 19 Stores as Dollar Stores Rapidly Expand Across the U.S.

At the same time, CVS reported the closure of 19 stores, marking the highest number of closures among major retailers. The pharmacy chain did open four new locations during this period, but the closures far outweighed the openings.

Dollar General led the way, opening 62 new stores across regions including the Midwest, South, Southwest, and Northeast, while closing eight locations. Dollar Tree opened 44 stores, mostly in California, and closed five, primarily in the Northeast.

Other notable changes included Food Lion, which closed nine stores across Southern states such as Virginia, North Carolina, South Carolina, and Georgia, and Aldi, which continued its steady growth with six new stores. BJ’s Wholesale Club also opened six new locations in the same timeframe.

Here’s a detailed breakdown of store openings and closures for key retail chains:

• Aldi: 6 opened; 1 closed
• BJ’s: 6 opened
• Costco: 1 opened
• CVS: 4 opened; 19 closed
• Dollar General: 62 opened; 8 closed
• Dollar Tree: 44 opened; 5 closed
• Family Dollar: 1 opened; 2 closed
• Food Lion: 9 closed
• HEB: 1 opened
• Kroger: 1 closed
• Lidl: 1 opened
• Publix: 3 opened
• Rite Aid: 1 closed
• Smith’s: 1 closed
• Target: 4 opened
• Walgreens: 2 opened

As dollar stores continue their aggressive expansion, the retail landscape is shifting, with chains like CVS adapting by closing underperforming locations while maintaining select openings.