CVS closing 1,000 fewer stores

This story was updated at 11:27 a.m. ET.

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CVS will close 1,000 fewer stores, which could eventually translate to about 30,000 fewer people working there.

The company, which runs drugstores, clinics and health care locations and is one of the nation’s largest pharmacy benefits managers, said in a regulatory filing Friday that the stores it plans to close are primarily located in the Northeast and Midwest, with a majority of them located in California.

Around 9,000 employees will be affected by the closings, according to the document, which said some of the employees will transition to new jobs. CVS is also closing several dozen clinics and the pharmacy operations of the Brookside MinuteClinic in St. Louis.

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