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Locked-up merchandise is turning off shoppers at CVS, Walgreens, and other big drugstores

Sun, 08/11/2024 - 05:12

Tide laundry detergent bottles locked up inside CVS store — Tide laundry detergent bottles with a security locking system to prevent theft at a CVS pharmacy in Queens, New York.
Lindsey Nicholson/UCG/Universal Images Group via Getty Images

Retail, CVS, Walgreens, rite-aid, Theft, Stores

We visited a Rite Aid store. The empty shelves made us wonder about the chain's future.

Mon, 07/29/2024 - 05:37

Composite image of the exterior of a Rite Aid and empty shelves — A Rite Aid location in Brooklyn was home to lots of empty shelves.
Jordan Hart/BI

Retail, rite-aid, store-closure, Bankruptcy, CVS, Walgreens, pharmacy

Why your local pharmacy may be closing

Fri, 06/28/2024 - 05:49

walgreens — Walgreens says a quarter of its US stores aren't contributing to the company's operating income.
Nam Y. Huh/AP Images

Retail, Walgreens, CVS, rite-aid, pharmacy

Rite Aid is closing even more stores in 2024. See if yours is on the list.

Thu, 06/20/2024 - 16:03

Rite Aid — Rite Aid is planning to close more stores in 2024.
Reuters/Noah Berger

Retail, rite-aid, drug-stores, Retail, Stores, store-closures, Bankruptcy

Rite Aid is banned from using facial recognition in its stores after the FTC said it falsely flagged thousands of shoppers as potential criminals

Wed, 12/20/2023 - 08:35

A person walks out of a Rite Aid store on December 22, 2021 in Los Angeles, California. — Mario Tama/Getty Images

Retail, rite-aid, pharmacy, Healthcare, Retail, trending-uk, FTC

We should all have the confidence of WeWork's bankruptcy announcement

Wed, 11/08/2023 - 13:54

WeWork sign and Stuart Smalley — WeWork, like Stuart Smalley, believes it's good enough, smart enough, and doggone it people like it.
Sean Gallup / Getty / NBC Universal

Tech Insider, Real Estate, WeWork, adam-neumann, Bankruptcies, softbank, Sears

Rite Aid is planning to close about 150 locations. See if your local store is on the list.

Tue, 10/17/2023 - 13:14

A Rite Aid store in Brooklyn on August 28, 2023 in New York City. — Pedestrians walk past a Rite Aid store in Brooklyn, New York. Many of the stores slated to close are in the Northeastern US.
Spencer Platt/Getty Images

Retail, rite-aid, store-closing, Bankruptcy, Stores, Retail, drug-stores

The rise and fall of pharma bigwig Rite Aid, which couldn't keep up with rivals Walgreen and CVS

Mon, 10/16/2023 - 11:41

Rite Aid exterior — Rite Aid's stock has fallen by nearly 81% since the start of the year.
Shoshy Ciment/Business Insider

Retail, Healthcare, rite-aid, pharmacy, Retail, chapter-11, chapter-11-bankruptcy

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