Wednesday, December 26, 2001

Cincinnati, other Ohio cities will lose CVS drugstores




The Associated Press

        TOLEDO, Ohio — Drugstore giant CVS Corp. has announced it is pulling out of the Toledo and Canton markets and is closing scattered stores in the Cincinnati, Cleveland, Dayton and Akron areas.

        A spokesman for the chain said Monday it would shutter 16 stores in the Toledo area — 15 in Ohio and one in Monroe, Mich. The closings will cost between 240 and 320 jobs.

        CVS officials said the stores include a mix of full- and part-time workers. Each store has between 15 and 20 employees.

        Spokesman Mike DeAngelis told theToledo Blade the stores will close in mid-January, but he wouldn't give an exact date. Nor would he say how many other Ohio stores would close.

        “These are all low-volume locations,” Mr. DeAngelis said.

        CVS announced Oct. 30 that it would slow store construction and close 200 stores in the first quarter of 2002.

       



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