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Why neighborhood pharmacies are closing in droves

The recent closures of CVS, Rite Aid, and Walgreens across the United States did not surprise industry experts, who expect more closures as the industry adjusts and rightsize. “We've been watching this car crash in slow motion for years,” George Hill, managing director and senior equity research analyst at Deutsche Bank, told FOX Business. In […]

Walgreens closing roughly 1,200 stores

Walgreens announced Tuesday that it will close about 1,200 stores over the next three years, 500 of which will close this fiscal year. The plan will free up cash flow and support adjusted earnings, according to a company press release. “FY2025 will be a year in which we rebuild important foundations as we move forward […]

7-Eleven closing nearly 450 underperforming stores

According to the company, approximately 450 7-Eleven stores across North America will close due to poor business performance. 7-Eleven's Japan-based parent company, Seven & i Holdings, said in its earnings call Thursday that 444 7-Eleven stores will close due to declining sales, especially cigarette sales, declining customer traffic and inflation. Announced. The list of stores […]

Nearly 130 Pizza Hut Restaurants in U.S. at Risk of Closing

Approximately 130 Pizza Hut restaurants in several states in the South and Midwest are reportedly at risk of closing due to operational issues. The stores are operated by franchisees who filed for bankruptcy in July and put them up for sale. daily mail reported On Wednesday, it noted that there was a financial dispute between […]

4 US Paralympians barred from closing ceremonies after social media comments questioning teammate’s disability

US Paralympic athletes have been banned from attending the closing ceremony of the Paralympics in Paris after making comments on social media questioning a teammate's disability. Swimmers Gia Pergolini, Giulia Gagni, Jessica Long and Anastasia Pagonis were disciplined for comments they made about fellow swimmer Christy Rowley-Crossley, who has the neurological disorder S9. Their comments […]

Boar’s Head closing plant linked to listeria cases

Boar's Head announced Friday it was closing a manufacturing plant in Jarratt, Virginia, linked to a deadly Listeria outbreak this summer. In the release The company said on its website that it was investigating with the U.S. Department of Agriculture (USDA) after at least nine people died and more than 60 became ill from Listeria […]