In its fiscal third-quarter report, Walgreens announced its plans to close a 'significant' amount of stores, acknowledging only 75% of its 8,600 stores were profitable. While no specific stores were tapped for closure yet, more than 2,000 locations could face the chopping block by 2027. This just the latest sign of trouble for the struggling retail pharmacy sector as CVS and Rite Aid both announced large closures in the past year. Watch the video above to learn why U.S. pharmacy chains are fighting for survival.

Why pharmacy chains like Walgreens and CVS are shuttering locations

Drug store chain Walgreens and grocery tech company Instacart have joined forces to offer online SNAP/EBT payment acceptance at more than 7,500 Walgreens stores across the United States, including 100-plus Duane Reade locations in New York. Customers at Walgreens and Duane Reade stores can now purchase thousands of SNAP-eligible products for same-day delivery via Instacart.

Instacart, Walgreens Team to Accept SNAP/EBT Online Nationwide

As hospitals and health systems work to adapt to a post-pandemic world, the evolution of big tech and retail companies like Amazon and CVS Health, who are navigating pathways deeper into healthcare, can give pause to many healthcare leaders. ButJan Grigsby, CFO of Brunswick-based Southeast Georgia Health System, welcomes the change.

Why 1 system CFO welcomes disruptors like Amazon, CVS Health

New Jersey State

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Connecticut State

Capital Chronicles

Stop & Shop, a beloved grocery chain across the Northeast, has announced unexpected closures for 32 underperforming locations by the end of this year. This decision affects stores in New Jersey, Massachusetts, New York, Connecticut, and Rhode Island, with closures scheduled before November 2.

A well-loved grocery chain has confirmed that it unexpectedly closed some of its stores

Chesterfield, MO

The US Sun

THE Cheesecake Factory has confirmed that its location in a mall will be permanently closed in just weeks. Along with the beloved American chain, all the other mall stores will shutter as the shopping center shuts down for good. The Cheesecake Factory in Chesterfield, Missouri - around 25 miles from...

The Cheesecake Factory confirms mall location is closing in weeks as all stores are warned to leave ahead of demolition

Florida State

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Fort Myers, FL

Joel Eisenberg

This article is based on corporate postings and accredited media reports. All linked information within this article is fully-attributed to the following outlets: ScrapeHero.com and ShoppingCenterBusiness.com.

Florida Publix Market Being Demolished and Rebuilt From the Ground-Up in Retail Center Redevelopment

Texas State

Walmart’s Zoom call in May was anything but routine for the roughly 300 employees who learned they would need to relocate or lose their jobs. Bloomberg, citing unnamed sources with knowledge of the situation that were on the call but not allowed to speak during it, said they were told during the meeting that Walmart would start requiring thousands of workers from its smaller offices and remote locations to move to one of its main office hubs to boost in-person presence.

Walmart employees were caught off-guard by the company’s mandate to relocate

SHOPPERS have grown fed up with anti-theft measures that are blocking easy access to items customers used to be able to grab and purchase right away. For months, rampant theft has forced major retailers to become creative in protecting their products, customers and employees. Companies like Walmart, Target, and CVS...

CVS shopper shocked by ‘nightmare’ in drink aisle as anti-theft measures sink to whole ‘new low’

Albertsons and Kroger have been in talks to merge since October 2022, however, the deal has faced many challenges. The Federal Trade Commission (FTC) moved to block a $25 billion merger between Kroger and Albertsons, citing concerns that it could negatively impact consumers by reducing competition in the grocery sector. This merger, the largest in U.S. supermarket history, would combine major brands like Safeway and Vons under one umbrella.

Albertsons and Kroger Pause Merger

Entrepreneur

Lauren Chew, founder and CEO of Love+Chew, set out to "change our broken food system" with her first entrepreneurial venture.

Her Side Hustle Landed in Costco and Made $3 Million Last Year Even Though She 'Didn't Know Anything About Running a Business'

A WALGREENS shopper raged at the store and explained what made her ditch her shopping and walk right out. The customer shared a rant about why her in-store experience made her go to a rival retailer instead. This shopper (@wickedandproud) complained about the number of staff available at her local Walgreens. She claimed she had […]

‘I left my basket,’ fumes Walgreens shopper after being told she’d ‘have to wait 20 mins to check out’ – cashier was MIA

Big Lots may now close up to 315 stores under amended credit and loan terms, according to an 8-K filed Friday with the U.S. Securities and Exchange Commission. Previous terms with lenders allowed it to close up to 150 under performing stores. In June, the company said it planned to close up to 40 stores.

Big Lots may close up to 315 stores

Tennessee State

New Smyrna Beach, FL

Fox Business

A Florida man has been arrested after he went on a late-night junk food and cigarette splurge inside a closed Walgreens after purposely locking himself into a restroom, police say.

Florida man waits 5 hours in Walgreens restroom before going on after-hours junk food raid: police

The Conversation U.S.

Next time you go shopping, leave your checkbook at home.

Target just became the latest US retailer to stop accepting payment by checks. Why have so many stores given up on them?

NewsNinja

A lady is cautioning others about purchasing budget earrings from Amazon, Shein, and H&M, after she experienced keloid formations on her earlobes due to wearing them. On a TikTok post that has garnered more than 334,000 likes, Sailor Rozema (@sailor.rozema), a content creator, shares a warning with her community of "dangly earring girls": the inexpensive jewelry found in fast fashion can have negative impacts on your well-being.

‘I’ll never be wearing earrings for the rest of my life’: Customer warns against buying from Shein

COVID-19 deaths fell 68.9% from 2022 to 2023 — dropping from the fourth leading cause of death to the tenth, the CDC said. The CDC used U.S. death certificates to estimate the highest causes of death. The report, released Aug. 8, shares the estimated number of deaths in 2023, and the final report is expected to be released later this year, NBC News reported.

COVID deaths fell 69% in 1 year

The FDA has approved the first nasal spray to treat anaphylaxis. The epinephrine nasal spray, called neffy, is for emergency treatment of allergic reactions, including anaphylaxis, in adult and pediatric patients weighing approximately 66 pounds or more, according to an Aug. 9 news release from the agency. The approval is...

FDA approves 1st anaphylaxis nasal spray

Solar developer SunPower has filed for Chapter 11 bankruptcy protection in the US, and it’s selling parts of its business to Complete Solaria for $45 million in cash. In its bankruptcy filing with the Delaware court late Monday, SunPower reported its assets and liabilities to be between $1 billion and $10 billion.

SunPower files for Chapter 11 bankruptcy

Easley, SC

WALMART shoppers have had enough with the store's latest policies, which include item limits on self-checkout lanes and receipt checks upon leaving the store. One shopper from South Carolina voiced her frustrations with the retail giant on social media, calling her latest shopping experience "ridiculous." WALMART WOES. Self-checkout lanes seemingly...

‘Getting out of hand,’ Walmart shopper cries after waiting 30 minutes to pay – store’s policy shocked her at checkout

Denver, CO

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David Heitz

More dangerous substances are entering the Denver drug supply, Harm Reduction Action Center warned in a newsletter this week. “The Iron Law of Prohibition posits that as law enforcement becomes more intense, the potency of prohibited substances increases,” HRAC Executive Director Lisa Raville wrote in the newsletter. That is exactly what is happening, she said.

Dangerous substances entering Denver drug supply

NewsBreak

Walgreens eyes offloading all of VillageMD

Walgreens shared in an Aug. 7 Securities and Exchange Commission filing that it could sell off its entire stake in primary care clinic chain VillageMD. \"The...

Walgreens shared in an Aug. 7 Securities and Exchange Commission filing that it could sell off its entire stake in primary care clinic chain VillageMD. "The...

Walgreens eyes offloading all of VillageMD

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