A company spokesperson said Act 624 is a harmful law that will shut down 23 CVS Pharmacy locations, eliminate hundreds of jobs and drive-up costs for Arkansans.

CVS is continuing the overhaul of its nationwide network, closing more locations this year and opening new, smaller stores that focus on pharmacies.

National pharmacy company sues Arkansas over law eliminating PBM pharmacy ownership Rhode Island-based CVS operates as a pharmacy benefit management company and also has pharmacies in Arkansas.

CVS Health has filed a lawsuit to block a new Arkansas law that the company said will shut down 23 CVS pharmacy locations in the state by 2026.

CVS is rolling out a dozen new stores focused primarily on pharmacy services, reducing retail offerings as the company responds to a prolonged decline in retail sales, The Wall Street Journal ...

The Justice Department has unsealed a civil complaint alleging CVS Pharmacy Inc. and various subsidiaries filled unlawful prescriptions in violation of the federal Controlled Substances Act.

CVS said it still plans to close 270 more locations around the country this year, although in addition to the smaller stores the company plans to open nearly 30 more CVS Pharmacy locations in 2025.