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IPO-bound online pharmacy startup PharmEasy makes its third big acquisition this year
According to the ministry of corporate affairs filings accessed by Business Insider, Aknamed has…
Mary Meisenzahl
Walgreens executives say the drugstore chain is losing about 50% more money due to loss and theft than it did prior to 2020
"This is not petty theft," CFO James Kehoe said on an investor call. "These are gangs that actually…
Allana Akhtar
CVS lowers prices on store-brand menstrual products by 25% in pharmacies nationwide, covers 'tampon taxes" in 12 states
CVS is dropping prices on store-branded menstrual products by 25%, covering sales taxes in 12 state…
Sarah Belle Lin
Pharmacists say an 'absolute tidal wave' of demand for COVID tests is causing chaos, crowding, and nonstop ringing phones
"We get our shipment once a week, and the tests are gone in a matter of hours," one pharmacist told…
Mary Meisenzahl,Allana Akhtar
Rite Aid says it plans to close 63 stores — and will likely find even more to close in the coming months
Rite Aid CEO Heyward Donigan said she planned to move away from traditional in-store pharmacies tow…
Allana Akhtar
Retail pharmacists say they are overworked and burned out due to short-staffing and the increased demand for COVID-19 shots
Chains like Walgreens and CVS say they're recruiting more workers as pharmacists say they're feelin…
Mary Meisenzahl,Allana Akhtar
Amazon is considering building physical pharmacies
These are Insider's biggest healthcare stories for May 27.
Lydia Ramsey Pflanzer
Drugstores across the US are struggling to cope as low staffing levels combine with surging vaccine demand, a report says
Vaccine demand is rising while drugstores grapple with the labor shortage. It's been leaving the re…
Zahra Tayeb
4 in 5 local pharmacies can't find enough workers to deliver prescriptions and run the cash register, according to an industry report
Pharmacies are hiking up their wages to attract more workers - but they can't raise prices to match…
Grace Dean
CVS will close 900 stores across the US and shift focus to new health-centered locations
CVS will focus on growing specialized health and wellness locations over traditional convenience st…
Mary Meisenzahl
Walgreens pharmacies are closing early around the country due to staff shortages
Pharmacists say they're being asked to work longer hours and do more, including administering COVID…
Mary Meisenzahl
I'm a pharmacy student working at Walgreens. Most people getting the COVID booster shot are excited, but our pharmacy is severely understaffed.
"Many days I dread coming into work - every work shift is exhausting, from the rude patients to the…
Jennalynn Fung
Walmart will now close most pharmacies at 7 p.m. because it can't find enough staff, while CVS is cutting or shifting hours at most locations
Walmart and CVS are cutting back on pharmacy hours. Pharmacists remain in short supply and many are…
Alex Bitter
What's shaking up the future of the retail pharmacy
These are Insider's biggest healthcare stories for the week ending May 28.
Lydia Ramsey Pflanzer
Flipkart enters healthcare sector by acquiring stake in online pharmacy SastaSundar
As part of this development, the Flipkart Group has signed definitive agreements to acquire a ma…
The best deals for getting your flu shot this season
Pharmacies at retailers like Publix and CVS will offer you coupons and gift cards for getting a flu…
Emily Walsh
A microchip implant that lets you control your sleep cycle might soon be a reality
The prime purpose to develop this chip is to help military personnel adjust to various time zone…
Jennifer Aniston says she took care of Adam Sandler on the set of 'Murder Mystery 2' by giving him smoothies and Chinese herbs when he was exhausted: 'I'm like the mobile pharmacy'
Jennifer Aniston said on "The Tonight Show Starring Jimmy Fallon" that she loves taking care of her…
Ayomikun Adekaiyero
Online pharmacy startup PharmEasy is looking to hire 200 engineers in Hyderabad, Pune and Delhi before the IPO
Online pharmacy company PharmEasy, which is working towards an initial public offering (IPO) soon, …