CVS Health to convert ‘hundreds’ of stores in 2020 to new concept

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CVS Health will update a significant amount of stores to its HealthHUB format in 2020.

The company, which introduced the format at the end of 2018 in Houston, plans to update hundreds of its stores to the new format, according to CNBC. Currently, CVS has 50 HealthHUB locations.

“We’ve made a commitment to have about 600 hubs by the end of this year. That’s 12 [updated stores] a week with a trajectory of 1,500 hubs by the end of 2021,” CEO Larry Merlo told CNBC.




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