TheStreet
CVS Health reported a 14.3 percent gain in pharmacy sales “driven by increased prescription volume, COVID-19 vaccinations and diagnostic testing and higher front store revenues across all product categories.” The drugstore giant also upped its annual earnings forecast from $7.56 to $7.68 per share to $7.70 to $7.80 per share.
Big Food vs. Big Pharma: Companies Bet on Snacking Just as Weight Loss Drugs Boom
Major food companies are doubling down on snacking as consumer habits shift, but the rise of weight loss drugs like Wegovy and Ozempic poses a potential threat to their growth. These drugs, known as GLP-1 agonists, suppress appetites and can…
Fast-Food Drive-Thru Lanes Speed Up as Fewer Drivers Wait in Line
Fast-food drive-thru lanes have become speedier as fewer customers opt for in-car ordering, reveals an annual study by Intouch Insight. The average time spent in a drive-thru lane decreased by 29 seconds this year, with order wait times being 25…
Some 300,000 Onewheel Electric Skateboards Recalled After 4 Deaths and Dozens of Reported Injuries
Around 300,000 Onewheel electric skateboards have been recalled by Future Motion following dozens of reported injuries and four fatalities between 2019 and 2021. The U.S. Consumer and Product Safety Commission stated that the skateboards can become unstable if their limits…
Walgreens Says Cooler Screens Caught Fire and Showed the Wrong Prices in Its Stores
Walgreens has reported incidents of screens on its in-store coolers, installed by Cooler Screens, catching fire and displaying incorrect prices or inventory information. The screens, meant to show the contents of refrigerated and frozen coolers, were authorized for installation in…