Retail pharmacies are embracing the idea that less is more as they grapple with online competitors, lagging reimbursement, sluggish consumer demand and employee burnout. Driving the news: CVS Health this week confirmed it's rolling out roughly a dozen downsized stores,

CVS announced the opening of a dozen or more pharmacy-only stores in a strategic move to meet community needs and remain competitive against companies like Target, Amazon, Walgreens, and Rite Aid.

CVS Pharmacy has announced plans to open a new kind of store in parts of the U.S. The pharmacy chain said it will open "smaller format" locations in select communities within the next year.

CVS is rolling out a new wave of smaller-format pharmacies in select communities nationwide as it tries to adapt to changes in the retail world. CVS plans to open at least a dozen of these compact pharmacies nationwide in 2025,