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Walgreens To Close 2 More CT Pharmacies, Raising Number To 5 Across State Walgreens To Close 2 More CT Pharmacies, Raising Number To 5 Across State
Walgreens To Close 2 More CT Pharmacies, Raising Number To 5 Across State Walgreens has announced it will close two more stores next month as the pharmacy giant continues reducing its footprint across the country. The pharmacy chain announced this week it would shut the 311 E. Main St. Middletown store and 1083 Boston Post Road in Milford on April 23, according to its website.  Walgreens previously announced closures in Waterbury, Hartford, and New Haven slated for next month. Prescriptions from the closing stores will be transferred to nearby Walgreens locations, and customers will receive notifications by mail. The retailer plans to close …

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by Josh Lanier
Business
CVS To Open Pharmacy-Only Locations Amid Store Closings, Corporate Layoffs CVS To Open Pharmacy-Only Locations Amid Store Closings, Corporate Layoffs
CVS To Open Pharmacy-Only Locations Amid Store Closings, Corporate Layoffs CVS is rolling out a new wave of smaller-format pharmacies in select communities nationwide as it tries to adapt to changes in the retail world. CVS plans to open at least a dozen of these compact pharmacies nationwide in 2025, a spokesperson confirmed to Daily Voice on Monday, Mar. 10. The pharmacy-only locations aim to improve access to medications, immunizations, and pharmacist-provided health care services. Each location will average less than 5,000 square feet, with a full-service pharmacy and a limited selection of over-the-counter products tailored to a community. "By taki…

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by Chris Spiker
Business
Walgreens Knowingly Filled Millions Of Prescriptions Lacking Legit Medical Purpose, DOJ Says Walgreens Knowingly Filled Millions Of Prescriptions Lacking Legit Medical Purpose, DOJ Says
Walgreens Knowingly Filled Millions Of Prescriptions Lacking Legit Medical Purpose, DOJ Says The Justice Department has filed a nationwide lawsuit against Walgreens, alleging the pharmacy chain filled millions of prescriptions without legitimate medical purposes, particularly involving dangerous opioid combinations, over more than a decade. Filed in the US District Court for the Northern District of Illinois, the civil complaint contends Walgreens violated the Controlled Substances Act (CSA) and False Claims Act (FCA) by dispensing prescriptions despite clear red flags and seeking federal reimbursements for these drugs. “This lawsuit seeks to hold Walgreens accountable for the many…

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by Joe Lombardi
Business
Cybersecurity Issues Hits Stop & Shop Cybersecurity Issues Hits Stop & Shop
Cybersecurity Issues Hits Stop & Shop A cybersecurity “issue” has led the parent company of a supermarket chain to disconnect some systems to protect them. Ahold Delhaize USA said it recently detected a cybersecurity issue within its US network. "Immediately upon detecting the issue, our security teams began an investigation with the assistance of external cybersecurity experts," the company said. "We also notified law enforcement." The move affects: Stop & Shop, which has around 400 locations in New England, New York, and New Jersey; Hannaford, with stores in eastern upstate New York and New England; Giant Company, with…

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by Joe Lombardi
Business
CVS To Lay Off Nearly 3K Workers CVS To Lay Off Nearly 3K Workers
CVS To Lay Off Nearly 3K Workers CVS announced it will lay off nearly 3,000 workers as part of a cost-cutting move aimed at saving $2 billion. These approximately 2,900 layoffs, primarily in corporate roles in the company's CVS Health division, represent less than 1 percent of the company's workforce, CVS said.  "The reductions will not impact front-line jobs in our stores, pharmacies and distribution centers,” a CVS spokesperson told CNN. The move comes a day after CVS management met with major shareholder Glenview Capital to discuss the company’s deficits and its dipping stock price, according to CNBC. Founded in…

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by Joe Lombardi