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CVS and Walmart cut pharmacy hours, close some locations earlier, citing pharmacist shortage

abc7.com An apparent shortage of pharmacists is forcing CVS and Walmart to reduce the hours of its pharmacies, as they close earlier in thousands of locations. Beginning in March,…

California to receive $470 million from CVS in opioid settlement

latimes.com California is expected to receive about $470 million from a multistate settlement with CVS over allegations that the pharmacy chain contributed to the country’s opioid…

Pharmacies CVS, Walmart and Walgreens to reduce hours as staffing challenges persist

cbsnews.com CVS and Walmart are reducing their pharmacy operating hours across the U.S. to improve employees' work-life balance as the chains continue to struggle with staffing…

Most CVS pharmacies cutting hours of operation this spring

wcvb.com ROUGHLY TWO THIRDS OF CVS PHARMACIES WILL CUT OR ADJUST HOURS BEGINNING IN MARCH. >> I DON’T THINK IT’S SAFE TO DO THAT, IT’S NECESSARY. >> PHARMACIST SAY THEY ARE…

CVS and Walmart cut pharmacy hours, close some locations earlier, citing staffing shortage

cnn.com An apparent shortage of pharmacists is forcing CVS and Walmart to reduce the hours of its pharmacies, as they close earlier in thousands of locations. Beginning in March,…

Walmart, CVS Health adjust pharmacy hours amid labor crunch

cnbc.com A woman shops in the pharmacy area of a Walmart store in Mount Prospect, Illinois. Walmart Inc said on Friday it would adjust working hours for its U.S. pharmacy team and…

CVS, Walmart cut pharmacy hours as pharmacist shortage persists

foxbusiness.com CVS and Walmart are cutting pharmacy hours as both companies contend with an ongoing pharmacist shortage, according to a recent report. CVS in March plans to cut or shift…

Walmart agrees to $3.1 billion opioid settlement framework

cnn.com Walmart agreed to the framework of a $3.1 billion settlement, which resolves allegations from multiple states’ attorneys general that the company failed to regulate opioid…

New York Attorney General Letitia James secures $523 million from Teva Pharmaceuticals for role in opioid crisis

cnn.com The New York Attorney General’s office announced it has secured $523 million from Teva Pharmaceuticals and affiliates for its role in the opioid crisis, effectively marking…

Mastercard And Visa: One Of These No-Brainer Blue Chips Is A Better Buy

seekingalpha.com This article was published on Dividend Kings on Tuesday, Jan. 24, 2023. You might imagine that millionaires might feel better about their prospects, but not really. With…

It's Time To Play REIT M&A

seekingalpha.com You'd think last year came up short in terms of business mergers and acquisitions (M&A). In which case, you'd be wrong. On December 29, The Street published "The 6 Biggest…

Amazon Launches $5 A Month Prescription Drug Scheme As It Leaps Further Into Healthcare

forbes.com Amazon on Tuesday announced a new prescription drug program giving subscribers as many medications as they need for a flat fee, the online retailer’s latest salvo in its bid…

Amazon adds generic prescription perk for Prime members

cnbc.com The Amazon Pharmacy home screen on a laptop computer arranged in the Brooklyn Borough of New York, U.S., on Tuesday, Nov. 17, 2020. Amazon on Tuesday announced a new…

You could be buying shoplifted stuff on Amazon, eBay, or Facebook Marketplace

businessinsider.com Getty Retail executives at companies like Target and Walmart are pointing to a spike in shoplifting. Experts say organized crime deserves much of the blame. Many are selling…

Chase closes some New York ATMs early because of 'rising crime'

cnn.com Citing “rising crime and vagrancy,” Chase Bank has shuttered 24-hour access to some of its New York ATMs. Select ATM vestibules are closing at 5 pm or 6 pm, aligning more…

Abbott's baby formula crisis: A timeline of what led to a DOJ investigation

foxbusiness.com Abbott Laboratories, whose baby formula plant in Michigan was shut down last year due to contamination issues, is being investigated by the Justice Department. The probe…

I Pity The Fool That Doesn’t Own These A-Rated REITs

seekingalpha.com Here's a question for my "old" millennials and the generations before. Those younger than, say, 35, might not have a clue what I'm about to talk about. There are plenty of…

Walgreens exec: Security guards aren't there to 'protect product' after CFO called them 'largely ineffective'

businessinsider.com The Walgreens store at State and Randolph Streets in Chicago Chicago Tribune / Getty Images Walgreens has changed its tone on shoplifting after a year of sounding the alarm.…

Abbott Under Federal Investigation Over Baby Formula

forbes.com The Department of Justice opened a criminal investigation on Friday into an Abbott Laboratories plant in Michigan over unsanitary workplace conditions in its production of…

Organized retail thieves' most-wanted list: Survey reveals which items are most likely to be stolen from stores

businessinsider.com Tide laundry-detergent bottles have a security-locking system to prevent theft at a CVS Pharmacy in Queens, New York. Lindsey Nicholson/UCG/Universal Images Group via Getty…

Elizabeth Holmes Booked A One-Way Flight To Mexico After Fraud Conviction, Prosecutors Say

forbes.com Shortly after disgraced Theranos founder Elizabeth Holmes was convicted of fraud last year, she purchased a one-way trip to Mexico, prosecutors alleged Thursday in court…

Businesses innovating anti-theft measures as shoplifting, organized crime surge

nypost.com Retail thefts have ballooned in the last few years, creating a multibillion-dollar problem for retailers and forcing companies to take drastic action to protect from lost…

Businesses take drastic action to protect against rampant shoplifting, organized crime thefts

foxbusiness.com Retail thefts have ballooned in the last few years, creating a multi-billion problem for retailers and forcing companies to take drastic action to protect from lost profits.…

US border authorities report increase in egg smuggling attempts as poultry prices soar amid inflation

foxbusiness.com Authorities on the border are seeing more seizures of eggs and poultry as people continue to try and bring the much-needed foods into the United States amid soaring costs.…

'Peak-flation' Watch: Campbell's Tomato Soup Prices Keep Accelerating Higher

zerohedge.com 'Peak-flation' Watch: Campbell's Tomato Soup Prices Keep Accelerating Higher Via Political Calculations blog, Campbell's Condensed Tomato Soup is one of America's most…

Hip hop artist awarded $82.6M in lawsuit against Celsius energy drinks

foxbusiness.com Hip hop artist Flo Rida, whose real name is Tramar Dillard, was awarded $82.6 million by a south Florida jury on Wednesday after he won a lawsuit against Celsius energy…

What's driving innovation in wellness? Hear from brands and agencies on March 7

adage.com Each year the event brings together executives from brands, agencies and market research companies. This year, speakers include Linh Peters, chief marketing officer at…

Stores say shoplifting is a national crisis. The numbers don't back it up | Business

cnn.com The masked thief rode into a Walgreens in San Francico on a bicycle, pedaled to an aisle in the health and wellness section, and loaded a black garbage bag with items off…

Walgreens to pay $83M to state in opioid settlement

foxbusiness.com Walgreens has become the latest major pharmacy to settle a lawsuit brought by the state of West Virginia over claims that the company contributed to the opioid crisis in the…

WV announces $83 million opioid settlement with Walgreens

herald-dispatch.com WV announces $83 million opioid settlement with Walgreens | News Huntington Herald Dispatch Morrisey announces opioid settlement with Walgreens, Kroger next West Virginia…

Walgreens Strikes $83 Million Settlement With West Virginia Over Opioid Crisis

forbes.com Walgreens has agreed to pay West Virginia $83 million to settle allegations the pharmacy chain contributed to the opioid crisis in the state, which has the nation’s highest…

W.Va. announces $83 million opioid settlement with Walgreens

apnews.com West Virginia has settled for $83 million with Walgreens for the pharmacy store chain's role in perpetuating the opioid crisis in the U.S. state with the most per capita…

Dig Walgreens Talk Up Its Shoplifting Problem Too Much?

theweek.com It's looking like Walgreens may have blown its little shoplifting issue out of proportion. Here's everything you need to know: Walgreens CFO James Kehoe on Thursday admitted…

Walgreens ends buy limits on children's fever medicines

apnews.com Walgreens has ended limits it had imposed recently for online purchases of children’s over-the-counter fever reducing products. The drugstore chain said improved supplies…

Sephora Confirms U.K. Store Comeback At Westfield London

forbes.com It will have taken a mere 18 years, but French beauty and skincare retailer Sephora will finally welcome customers in the U.K. again this spring. After launching its U.K.…

Walgreens removes online purchasing limits for children’s fever medications

siliconvalley.com After weeks of high demand that stretched supply, Walgreens removed its online purchasing limits for children’s pain- and fever-reducing medications on Monday morning,…

Walgreens removes purchase limits on children's fever-reducing medications

foxbusiness.com Walgreens Boots Alliance announced on Monday that it removed the online purchase limits it had put in place for over-the-counter children's fever-reducing products, saying…

Walgreens removes online purchasing limits for children's fever medications

cnn.com After weeks of high demand that stretched supply, Walgreens removed its online purchasing limits for children’s pain- and fever-reducing medications on Monday morning,…

Did Walgreens lie about its shoplifting problem?

theweek.com It's looking like Walgreens may have blown its little shoplifting issue out of proportion. Here's everything you need to know: Walgreens CFO James Kehoe on Thursday admitted…

10 Sunday Reads

ritholtz.com Avert your eyes! My Sunday morning look at incompetency, corruption, and policy failures: • Not so faux: How the ‘fake’ fur industry is secretly selling you real fur: Faux…

Amazon makes a new push into health care

economist.com A firms face a brutal slow-down the hunt is on for new areas of expansion. Amazon, which is now America’s second-biggest business by revenue, is a case in point. In the…

California could receive more than $500 million from Walgreens opioid settlement

latimes.com California could receive more than $500 million from a $5.7-billion multistate agreement to settle a raft of lawsuits filed against Walgreens over the pharmacy chain’s role…

Fun ways to spend your FSA before the end of 2022

latimes.com “Fun” and “spending pre-tax savings before the end-of-year forfeiture deadline” aren’t two things that usually go together. But if you have money left over in your…

Drugmakers and distributors across the US could pay $46 billion in opioid settlements | Semafor

semafor.com CVS Health and Walgreens said in separate releases on Wednesday that they had agreed "in principle" to pay almost $10 billion combined to states, counties, and Native…

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