Nearly 10% of New York City’s drugstores have closed this year — a dramatic drop following a decade of retreats that has slashed their number by 40% as shoplifting continues to run rampant, according an explosive study. The number of Walgreens, Duane Reade, CVS and Rite Aid stores across the city shrunk to 395 locations … Read more
Trucks are the automobile versions of long-distance runners. They carry a lone driver, tonnes of goods, solitude, a few songs and, sometimes, a colourful slogan near the tail lamp, “Has mat pagli pyar ho jayega (Don’t smile girl, I will fall in love with you).” But people seldom fell in love with a plain ol’ … Read more
Target’s sales and customer traffic bounced back this week after it closed crime-afflicted stores – suggesting more retailers may begin shuttering locations over shoplifting, sources told The Post. The “cheap chic” discounter posted earnings and revenue that beat Wall Street’s forecasts on Wednesday as markdowns lured inflation-weary shoppers. But Target COO Michael Fiddelke also cited … Read more
Elon Musk’s social media platform X has sued a group of advertisers, alleging that a “massive advertiser boycott” deprived the company of billions of dollars in revenue and violated antitrust laws. The company formerly known as Twitter filed the lawsuit on Tuesday in a federal court in Texas against the World Federation of Advertisers and … Read more
The drugstore chains CVS Health and Walgreens plan to start dispensing an abortion pill in a few states within weeks. CVS Health will start filling prescriptions for mifepristone in Rhode Island and neighboring Massachusetts “in the weeks ahead,” spokeswoman Amy Thibault said Friday. Walgreens will begin dispensing the medication within a week, spokesman Fraser Engerman … Read more
CVS Health said Thursday it will close some pharmacies that operate inside Target stores during the first several months of the year. The closures will begin in February and be completed by the end of April, a company spokesperson said. Prescriptions will be transferred to a nearby CVS Pharmacy prior to closing, the spokesperson added. The Wall Street Journal reported … Read more
