Fair 16°
Tag:

Walgreens

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…

SHARE

by Joe Lombardi
Business
Michaels Opens New Store On Long Island: Here's Where Michaels Opens New Store On Long Island: Here's Where
Michaels Opens New Store On Long Island: Here's Where Crafters, rejoice! Michaels celebrated the grand opening of its newest location on Long Island Wednesday, Oct. 30. The company opened its 20,000-square-foot store in Hicksville's Woodbury Shopping Center, located at 410 South Oyster Bay Road, at the former location of TJ Maxx. A popular destination for crafters and hobbyists alike, Michaels sells a wide range of arts and crafts supplies, as well as framing, floral items and candles, and home and holiday décor. The retailer operates over 1,200 stores throughout the United States and Canada. Visitors to the Woodbury Shopping Center will fi…

SHARE

by Michael Mashburn
Business
Walgreens To Close 1,200 Stores Walgreens To Close 1,200 Stores
Walgreens To Close 1,200 Stores Walgreens plans to close about 1,200 stores over three years amid a decline in prescription drug payments and a rise in online competition. About 500 closures will come in 2025, the company announced in a statement released Tuesday morning, Oct. 15. Specific sites for store closures were not announced. Walgreens said its operating loss in fiscal 2024 was $14.1 billion, an increase of 104.5 percent compared to the year-ago period. Retail sales decreased 3.5 percent compared with the year-ago quarter, "reflecting a challenging retail environment and continued channel shift," Walgreens s…

SHARE

by Joe Lombardi
News
COVID-19: Hochul Urges NYers To Receive New Vaccines Ahead Of Flu Season COVID-19: Hochul Urges NYers To Receive New Vaccines Ahead Of Flu Season
Covid-19: Hochul Urges NYers To Receive New Vaccines Ahead Of Flu Season Now that the new COVID-19 vaccine is available in New York, Gov. Kathy Hochul is urging residents to get their updated shots ahead of this year's respiratory virus illness season. Related story - COVID-19: New XEC Strain 'Just Getting Started' Sparks Concern Amid Summer Wave Of US Cases In an announcement this week, Hochul encouraged eligible New Yorkers to get the new Food and Drug Administration-approved vaccine for the 2024-2025 season, offered by Pfizer, Moderna, and Novavax.  According to Hochul, receiving the new vaccine is more pressing as students return to school and …

SHARE

by Ben Crnic