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The company said Thursday that it will close about stores a year for the next three years as it looks to reduce store count density in some locations. The total of around amounts to nearly a tenth of the roughly 10, retail locations CVS Health operates.

The company also sells insurance and runs prescription drug plans for big clients like insurers and employers. Drugstore chains like CVS and Walgreens built thousands of locations around the country to get closer to consumer homes.

But in recent years, the explosive growth of online shopping has blunted the demand for such in-person convenience. Rowing machines simulate a realistic on-the-water rowing experience. Find the right rowing machine with help from this buying guide. As part of its new strategy, CVS said it plans to reduce store density in certain locations.

To accomplish that, it will shutter locations a year for three years. Employees at closed stores will be offered roles in other locations or different opportunities as part of its overall workforce strategy. Mark Huffman has been a consumer news reporter for ConsumerAffairs since He covers real estate, gas prices and the economy and has reported extensively on negative-option sales.

He was previously an Associated Press reporter and editor in Washington, D. Sign up to receive our free weekly newsletter. We value your privacy. Unsubscribe easily. Mark Huffman Reporter. Take a Home Warranty Quiz. Get matched with an Authorized Partner.

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