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Suspects Hundreds Of Miles From Home Linked To Violent Armed CVS Robbery In Maryland: Police Suspects Hundreds Of Miles From Home Linked To Violent Armed CVS Robbery In Maryland: Police
Suspects Hundreds Of Miles From Home Linked To Violent Armed CVS Robbery In Maryland: Police Two out-of-state men are accused of driving hundreds of miles from their hometowns to Maryland, where they held up a CVS location during a violent robbery, police say. Shakir Dequan Jude, 31, of Cary, North Carolina, and Justin Thomas Whitaker, 32, of Brooklyn, are both facing charges in connection with a May armed robbery in Potomac, the Montgomery County Department of Police announced on Wednesday, Sept. 3.  At around 3:20 a.m. on Sunday, May 25, the masked duo entered the CVS in the 7900 block of Tuckerman Lane wearing gloves and armed with handguns.  Police said they forced t…

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by Zak Failla
Business
Rite Aid Closing 110+ More Stores Amid New Bankruptcy Filing: See Full List Rite Aid Closing 110+ More Stores Amid New Bankruptcy Filing: See Full List
Rite Aid Closing 110+ More Stores Amid New Bankruptcy Filing: See Full List Rite Aid will shut down more than 100 additional stores nationwide as the struggling pharmacy chain moves deeper into bankruptcy. The closings were disclosed in a recent bankruptcy court filing, less than a month after Rite Aid filed for Chapter 11 on Monday, May 5. The Philadelphia-based chain is working to sell off its pharmacies, inventory, and other assets to several potential buyers. Rite Aid said it has secured $1.94 billion in new financing to keep locations open during the bankruptcy process. Pharmacy services and immunizations will continue in-store and online. The lates…

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by Chris Spiker
Business
CVS Closing Hundreds Of Stores Across US CVS Closing Hundreds Of Stores Across US
CVS Closing Hundreds Of Stores Across US CVS says it will close 271 retail locations across the country by the end of the year. The company — the world’s second-largest healthcare provider — announced the move to stockholders late last week as part of an enterprise-wide restructuring plan. The goal, CVS says, is to simplify the organization, improve efficiency, and generate more than $500 million in cost savings in 2025. CVS has not yet released which stores will be affected or when closures will take place. The company currently operates around 9,100 stores across the US. Founded in 1963 in Lowell, Massachusetts, CVS is n…

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by Joe Lombardi
Business
Rite Aid Files For Bankruptcy As Pharmacies Struggle: What It Means For Your Prescriptions Rite Aid Files For Bankruptcy As Pharmacies Struggle: What It Means For Your Prescriptions
Rite Aid Files For Bankruptcy As Pharmacies Struggle: What It Means For Your Prescriptions Rite Aid has declared bankruptcy for the second time in less than two years, as part of a plan to sell off its pharmacies, inventory, and other assets. The Philadelphia-based pharmacy chain officially filed for Chapter 11 bankruptcy on Monday, May 5. Rite Aid has entered talks with several potential national and regional buyers. The company said it has secured $1.94 billion in new financing to keep most stores open during the process. Pharmacy services and immunizations will remain available in-store and online. In October 2023, Rite Aid previously filed for bankruptcy …

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by Chris Spiker
Business
Woman Wanted For Multi-State Prescription Fraud Caught On Camera, Police Say Woman Wanted For Multi-State Prescription Fraud Caught On Camera, Police Say
Woman Wanted For Multi-State Prescription Fraud Caught On Camera, Police Say Look familiar?  A woman who has spent the past year scamming pharmacies in multiple states out of prescription drugs is now wanted by police, authorities say. Detectives with the Montgomery County Police Department are investigating a prescription fraud case involving an unidentified suspect who has been using other people’s names to obtain medication since March 2024. Police say the woman has fraudulently picked up prescriptions from at least six pharmacies, including Safeway and CVS locations in the District of Columbia, Arlington, Alexandria, and Kensington. Surveillance photos sh…

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by Zak Failla
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