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Rite Aid plummets 25% after Deutsche Bank slashes price target to $1 as COVID-19 'hastens the decline' of the company's retail pharmacy business
Deutsche Bank said Rite Aid's upcoming 2023 guidance for annual adjusted EBITDA may be unattainable.
Carla Mozée
Sephora is embracing the most annoying anti-theft policy
Sephora has been locking up its perfumes to thwart off retail theft. Now, only testers are displaye…
Jennifer Ortakales Dawkins
Retail theft has become a scapegoat
Retailers such as Target and Walgreens have cumulatively reported billions of dollars in losses fro…
Alex Bitter
Rite Aid plunges 22% after cutting its full-year forecast as the drugstore chain saw fewer people getting colds and coughs
As a result of physical distancing and face masks, Rite Aid said it saw a decline of nearly 37% in …
Shalini Nagarajan
I visited 4 Subway locations and found stale bread, bad tuna, and outdated and dirty restaurants. These are just a few of the problems its new owners need to fix.
Subway's ups and downs and its future under Roark Capital.
Nancy Luna
Pharmacy stocks tumble on report Amazon is weighing a push into physical pharmacies
Pharmacy stocks took a hit Wednesday following reports from Insider that Amazon is exploring openin…
Carla Mozée
Former Rite Aid employee says she was fired after protecting herself from customer who refused to wear a mask
The former employee was fired for pulling a pocket knife and pepper spray after a customer threaten…
Inyoung Choi
Masked burglars cut through a bathroom wall to break into an Apple Store and steal 436 iPhones, police say
Burglars stole approximately $500,000 worth of iPhones, Apple Watches, and other inventory from an …
Samantha Delouya
Stores and restaurants closed on New Year's Day 2023: Costco, Trader Joe's, Chick-fil-A, and more
Stores and restaurants open on New Year's Day 2023 include Walmart, Target, Best Buy, McDonald's, S…
Ben Tobin
Parents are scrambling to find children's Tylenol, Motrin, and Advil as medicine shortages plague stores like Walgreens and CVS
Stores like CVS, Target, and Walgreens have all put limits on the amount of children's medications …
Ben Tobin
Walmart, Walgreens, CVS, and more are locking away more products to deter theft — and it's driving some customers away
Retailers battling surging theft are locking away items, and risk losing some customers over the in…
Ben Tobin
Organized retail crime has ballooned into a $100 billion problem — and store employees are dying over it
Organized retail crime isn't as simple as a shoplifter pocketing a product. Criminal groups steal m…
Avery Hartmans,Ben Tobin
DoorDash's ambitions beyond restaurants could 'strangle Instacart' and protect the delivery giant as the economy slows, analysts say
Ahead of this week's earnings, analysts say DoorDash is building momentum in grocery and retail del…
Nancy Luna
Rite Aid skyrockets 50% on blockbuster earnings, its biggest jump in 10 years
Net income for the third quarter was $52.3 million, a 202% increase from the $17.3 million that Rit…
Carmen Reinicke
Walgreens is reportedly offering pharmacists as much as a $75,000 signing bonus amid an ongoing labor crunch
Pharmacies across the US have struggled with staffing throughout the pandemic as workers juggled pr…
Avery Hartmans
Rite Aid says it's opening free, self-swab coronavirus testing sites in 7 states
"Through our partnership with the White House Coronavirus Task Force, and with tremendous support f…
Hayley Peterson
Amazon is limiting purchases of Plan B 'morning-after' pills to 3 units a week amid a spike in demand after the overturn of Roe v Wade
Amazon says it's temporarily capping purchases of emergency contraceptives to 3 units per week, joi…
Samantha Delouya
Walgreens and Rite Aid are cutting their deal price - and Rite Aid's stock is dropping
That follows an earlier missed deadline in October 2016. A report from the New York Post at that ti…
Portia Crowe
We compared the shopping experience at the Walmart and Rite Aid pharmacies, and the drugstore chain came out on top
We shopped at both drugstores and found that although it was well-stocked, Walmart's pharmacy and d…