Walgreens

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Chains Pull Zantac After FDA Finding

FDA is looking into presence of likely carcinogen

(Newser) - Walgreens and CVS have decided to stop selling Zantac in their stores, two weeks after the FDA said it found low levels of a likely carcinogen in some of the heartburn pills. The drugstore chains said the suspension of sales, which also applies to generics, will be in effect while...

AG: Fake Pharmacist Doled Out 750K Prescriptions

For over 10 years, Kim Thien Le worked as Bay Area pharmacist without license: Xavier Becerra

(Newser) - For more than 10 years, Kim Thien Le handed out scads of prescriptions as a pharmacist at a handful of Walgreens stores in the Bay Area—nearly 750,000 scripts when all was said and done, California Attorney General Xavier Becerra noted Tuesday. The problem, per the AG's statement:...

Cops: Instead of Calling Police, Walgreens Called This Guy

Louis Hicks charged with murder after allegedly shooting woman thought to be shoplifter: police

(Newser) - Police say a man has been charged with murder and pretending to be an officer in the shooting death of a woman inside a Chicago Walgreens store. Chicago Police rep Anthony Guglielmi says Louis Hicks, 33, turned himself in Wednesday night, the AP reports. Police have said a store manager...

Amazon Just Made a Big Move That Might Worry CVS

Jeff Bezos is buying PillPack, an online pharmacy that dispenses prescription drugs

(Newser) - There's a reason shares of CVS, Walgreens, and Rite Aid were tumbling Thursday, and it can be summed up in one word: Amazon. The retailing behemoth made its first significant move into the pharmacy business by buying PillPack, an online company that ships medications to customers' homes, reports the...

Pharmacist Won't Fill Rx to End Unviable Pregnancy

Woman says she was 'humiliated,' and company apologizes

(Newser) - A Walgreens pharmacist's refusal to fill a prescription on ethical grounds has focused the abortion debate on Peoria, Ariz. The controversy began when 35-year-old Nicole Mone Arteaga went public with her story in a Facebook post , reports CNN . Arteaga was 9 weeks into her pregnancy when her doctor informed...

'Jorts-Wearing Bandit' Mocked by Fashion-Conscious Cops

His 'disregard for the law is as offensive as his disregard for fashion trends'

(Newser) - Anyone who recognizes a man accused of robbing stores in the St. Louis area while wearing jean shorts is being urged to call "the fashion police." The AP reports St. Louis County Police dubbed the suspect the "jorts-wearing bandit" in a tweet on Monday, and included a...

His $1K Investment Became $2M. Then He Gave It All Away

'You have to do some good in this world,' says Russ Gremel

(Newser) - It cost Chicago's Russ Gremel $1,007 to buy almost 28,000 shares in local company Walgreens some 70 years ago. Today, those shares are worth $2 million, but Gremel isn't enjoying the payoff of his good investment—at least not in the traditional sense. Instead, he's...

Cherokees Sue: CVS, Walmart 'Flooded' Them With Opioids

Cherokee Nation files complaint against 6 companies in tribal court over Okla. 'epidemic'

(Newser) - Native American communities experience some of the highest substance-abuse rates in the US: Babies are born addicted to prescription drugs due to exposure in utero, while Native American high school students take OxyContin at much higher rates than other teens, per NPR . Now the Cherokee Nation is fighting back in...

Walgreens Wants Its $140M Back From Theranos

Elizabeth Holmes says she'll 'respond vigorously' to breach of contract suit

(Newser) - Theranos has yet another lawsuit on its hands. Walgreens wants $140 million in damages—reportedly the same amount it invested in Theranos—after it had to close the Theranos blood-testing centers at 40 of its stores, according to a breach of contract suit filed under seal on Tuesday because of...

Florida Mom Catches Alleged Serial Robber Son

She thought she saw a familiar face while watching surveillance footage on the news

(Newser) - Authorities say a 27-year-old Florida man was charged with multiple drug store robberies this week after his mom recognized him on the news, the South Florida Sun Sentinel reports. According to CBS Miami , police were looking for a man responsible for robbing four Walgreens locations between June 11 and June...

Blows Keep Coming: Theranos Gets Dumped by Walgreens

Troubled startup loses main link to customers as drugstore chain pulls plug

(Newser) - Theranos has just lost its main link to consumers in what can only be described as the latest blow to the crumbling startup. Walgreens announced Monday that all 40 of its Theranos Wellness Centers in Arizona drugstores will be closed immediately "in light of the voiding of a number...

Walgreens Is Buying Rite Aid
 Walgreens Is Buying Rite Aid 
Oct 27, 2015 4:42 PM CDT

Walgreens Is Buying Rite Aid

For $9.41B

(Newser) - Walgreens confirmed Tuesday that it will buy rival pharmacy chain Rite Aid for about $9.41 billion in cash. The Wall Street Journal first reported news of the deal. Walgreens says it will pay $9 per share for Camp Hill, Pennsylvania-based Rite Aid Corp. That's a premium of 48%...

Youngest Female Billionaire, 30, Revolutionizes Blood Tests

Elizabeth Holmes dropped out of college at 19

(Newser) - Elizabeth Holmes dropped out of college when she was 19; now, she's just 30. She's also the founder of a $9 billion company that's making medical treatment more accessible, and she's the youngest female billionaire in the US, reports Forbes . (She's the third-youngest billionaire overall....

Experts: CVS Move Could Dent Smoking Rates

Inconvenience helps deter smokers, studies have shown

(Newser) - With hundreds of thousands of retailers in the US selling cigarettes, will CVS' landmark decision to end tobacco sales have any effect on smoking rates? Experts say it could have a major impact, both by putting more pressure on the tobacco industry and making it a little harder for people...

2 Walgreens in Same City Charge Wildly Different Prices

Chain has biggest price differences compared to CVS, Rite Aid: study

(Newser) - Thrifty shoppers, beware. A consumer watchdog group descended on New York, LA, Dallas-Fort Worth, and Orange County, and promptly went shopping, purchasing a list of 25 items from 485 CVS, Walgreens, and Rite Aid locations. What it found: Price differences of as much as 55% for the same product at...

Walgreens Slapped With Record $80M Oxy Fine

One small-town pharmacy was ordering 2.2M pills a year

(Newser) - Walgreens made history yesterday ... by being ordered to pay the largest fine in the history of the US Controlled Substances Act. The drugstore empire was slugged for $80 million for "an unprecedented number" of violations in its sale of oxycodone and other controlled substances, following a probe by the...

McDonald's Is Most Visited Business in America

Nearly half of US consumers visited at least once last month, says study

(Newser) - Just how popular are the golden arches? So popular that nearly half of US consumers visited them last month, according to a new study spotted by the Consumerist . The study, from the new Placed Insights service, sought to determine which businesses Americans visit most. Fast food dominates the list, but...

Walgreen Makes Huge Overseas Play

Will buy 45% stake in Alliance Boots for $6.7B

(Newser) - Walgreen looks to have its sights set on being more than just America's largest drugstore chain. Like, perhaps, the world's... It today announced that it has acquired a 45% stake in the UK's Alliance Boots at a cost of $6.7 billion in cash and stock, with...

Posh New Walgreens Offers Humidor, Manicures, Sushi

...and eyebrow shaping, juice bar, fine wine, frozen yogurt, and more, to Chicagoans

(Newser) - Walgreens: the place where you buy aspirin and razors, right? Not if you live in Chicago. A 27,350-square-foot, two-story store is set to open in the city's Loop tomorrow, and oh, what an upscale drugstore it is. Shoppers will be able to serve themselves frozen yogurt, pick up...

After Death, More Retailers Yank Formula

Supervalu, Walgreens, Kroger, Safeway join Walmart in pulling Enfamil lot

(Newser) - Several more national retailers have joined Walmart in pulling a batch of powdered infant formula from their shelves after a Missouri newborn who consumed it apparently died of a rare bacterial infection, the companies said today. Officials at Supervalu, Walgreens, Kroger, and Safeway say they have removed 12.5-ounce cans...

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