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Oct 15 2024BUSINESS

Walgreens to Shut Down 1,200 Stores: A Glimpse into the Struggles of Drugstore Chains

Walgreens, a well-known drug store chain, is set to close around 1,200 of its locations by 2027. This move is a response to the challenges they're facing from online competitors and a drop in prescription drug payments. In the next year alone, about 500 stores will close, which is a big jump from th

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Oct 15 2024BUSINESS

Walgreens to Close Doors: 1,200 Stores Shutting Down by 2025

Imagine walking into your local Walgreens store and finding it closed. That's what will happen to 1,200 Walgreens stores across the country by 2025. Why? The company wants to save $1 billion. High inflation and low drug reimbursements are hurting their profits. This year, Walgreens' stock hit a 30-y

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Oct 15 2024BUSINESS

Walgreens to Close 1,200 Stores in Major Revamp

Walgreens has decided to shut down around 1,200 of its stores over the next three years. This move is part of the company's strategy to improve its struggling U.S. business. The first 500 closures are expected to happen this fiscal year and should positively impact the company's earnings and cash fl

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Oct 15 2024FINANCE

Desert Store Hits the Jackpot: A New Millionaire in Town

In the heart of the Mojave Desert, a little store called Primm Valley Lotto just made someone's day—and their bank account! A lucky Powerball ticket sold at this tourist spot matched five numbers in the recent drawing, winning its owner a cool $2,321,838. The store isn't left out of the celebration

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Oct 13 2024BUSINESS

7-Eleven Trims 400 Stores: What’s Behind the Closures?

More than 400 7-Eleven stores across North America are closing their doors. The convenience store chain's parent company, Seven & I Holdings, announced this decision in a recent earnings report. The closures are due to several factors, including slow sales, decreased foot traffic, and the impact of

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Oct 09 2024BUSINESS

Spirit Halloween's Festive Experiment: New Christmas Stores Arrive

This year, Spirit Halloween isn't taking down its signs after October. Instead, the company plans to turn 10 of its stores into "Spirit Christmas" locations. These stores will stay open through the end of the year, hoping to catch holiday shoppers' eyes in the Northeast. Imagine swapping out the fa

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Oct 08 2024BUSINESS

Google's App Store Rules Changing: What You Need to Know

In a big move, a federal judge has ordered Google to shake up its Android app store. This ruling, from a court case between Google and the makers of Fortnite (Epic Games), could change how we get apps on Android phones. Starting November 2024, for three years, you'll be able to download apps from ot

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Oct 06 2024CRIME

Crypto Scam Hits Play Store: What You Need to Know

A sneaky app called WalletConnect appeared in the Google Play Store. It looked like a real crypto wallet, but it was actually a scam. The app had over 10,000 downloads before people started noticing something fishy. Around 150 users lost their cryptocurrency because they trusted this fake app too mu

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Oct 06 2024BUSINESS

Is Amazon's Cashierless Future Shrinking?

It seems like Amazon is scaling back its ambitious plans for cashierless stores. Last week, the tech giant closed three of its Go convenience stores in New York, leaving only 17 such stores nationwide – although they did just open one in Washington. Since 2023, Amazon has reduced its Go storefronts

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Oct 01 2024GENERAL

Epic is suing Google - again - and now Samsung too

Epic Sues Google and Samsung, Accusing Them of Illegally Limiting Competition in App Stores Four years after Epic sued Google for running an illegal app store monopoly, the Fortnite game developer has filed a second antitrust lawsuit against Google and Samsung. The new lawsuit accuses them of illeg

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