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CVS Pharmacy: 10 per cent of the company’s retail locations are closing

CVS Pharmacy have announced that they are planning to close 900 company’s retail locations across the country, over the next three years. People are very much surprised after listening this, but only 10 per cent of the company’s retail locations are closing.

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CVS Pharmacy have announced that they are planning to close 900 company’s retail locations across the country, over the next three years. People are very much surprised after listening this, but only 10 per cent of the company’s retail locations are closing.According to the people, the CVS store closures should not have come as a surprise because they are the most recent developments in the long-running collapse of the retail pharmacy business in the United States.

CVS is the nation’s largest drugstore chain. CVS decision to close their oulet is because of some factors which they have highlighted. These factors are changes in population, customer purchasing patterns, and future health requirements.

Here’s the reason why CVS are closing 900 stores?

CVS successfully completed its $69 billion acquisition of Aetna in 2018, the largest health-care transaction in history. It has created a massive consumer base of about 40 million Americans. Therefore, CVS bet that the agreement would boost its income from those patients health plans while also reducing its expenditures.

George Hill, who is an analyst and covers the healthcare industry and company at the Deutsche Bank said that CVS is really pivoting and leaning into the healthcare aspects of business.

On Thursday, November 21, 2021, CVS has also announced that they will also renovate its retail strategy in which they have mentioned that their stores will have three distinct models from now onwards.

The models will be primary care locations, Health Hub stores with on-site dietitian, nurse practitioners, and lab services, as well as on-site treatment for chronic disease such as diabetes and asthma and also they will have strategies on traditional CVS Pharmacy stores.

Walgreens has also announced a number of store closings, including at least five in San Francisco. Meanwhile, the corporation stated that this is due to ongoing organised retail crime in the city.

https://twitter.com/DeanPreston/status/1448378565506916354

Later on, the leaders in San Francisco promptly denied that assertion, assuming that the local closures were linked to Walgreens larger plan to close approximately 200 locations globally.

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Maharashtra assembly election: BVA accuses BJP leader of distributing cash, Congress asks Election Commission to take strict action

The BVA has alleged that BJP candidate from Nalasopara Rajan Naik was distributing cash, allegedly to influence voters, in the presence of former minister Vinod Tawde.

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Maharashtra assembly election: BVA accuses BJP leader of distributing cash, Congress asks Election Commission to take strict action

Just a few hours before Maharashtra conducts the assembly elections, Bahujan Vikas Aghadi (BVA), a regional party, accused BJP leaders, including general secretary and former minister Vinod Tawde, of distributing cash at a hotel in Virar in Palghar district. 

The BVA has alleged that BJP candidate from Nalasopara Rajan Naik was distributing cash, allegedly to influence voters, in the presence of former minister Vinod Tawde. Kshitij Thakur, who is the sitting BVA MLA , reached the hotel with his supporters and a high drama followed.

Reportedly, the BVA supporters gheraoed Vinod Tawde and raised slogans. The supporters claimed that they found envelopes with cash and diaries at the meeting venue. Several viral videos show BVA supporters waving currency notes in front of Vinod Tawde. 

Reports said that an FIR has been registered in this connection. BVA President Hitendra Thakur alleged that a sum of Rs 5 crore was distributed at the Virar hotel. He added that former minister Tawde had a diary that carried details of the cash.

Furthermore, the Congress has also shared a video from the hotel and accused the BJP of trying to use money power to influence the election. The party added that even top leaders are involved, and asked the Election Commission to take note and strict action.

Meanwhile, the BJP has trashed the allegations and termed them baseless and a political stunt by the Bahujan Vikas Aghadi on the eve of elections. The BJP said that Vinod Tawde was at the hotel for a meeting with party workers to discuss poll preparations. It also said the Election Commission must investigate the matter and scan CCTV footage to get to the root of the matter. 

Additional Chief Electoral Officer of Maharashtra Kiran Kulkarni has said they have received a complaint in this connection and necessary action will be taken.

Maharashtra will vote on November 20, and the counting of votes will take place on November 23.

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Russian President Vladimir Putin to visit India soon, says Kremlin spokesperson Dmitry Peskov

The Russian President is under an arrest warrant from the International Criminal Court (ICC) for alleged war crimes in Ukraine.

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Russian President Vladimir Putin to visit India soon, says Kremlin spokesperson Dmitry Peskov

Kremlin spokesperson Dmitry Peskov on Tuesday said that Russian President Vladimir Putin will visit India soon, and the announcement of dates will also be made soon.

He added that specific dates of President Vladimir Putin’s visit to India will soon be announced and Russia will begin preparing for it. He noted that they will work out the precise date of his visit soon. He continued that after two visits of Prime Minister Narendra Modi, they have a visit of President Vladimir Putin to India.

Notably, the Russian President is under an arrest warrant from the International Criminal Court (ICC) for alleged war crimes in Ukraine. Earlier in March 2023, nearly a year after the conflict began, the ICC issued arrest warrants against both Putin and Maria Lvova-Belova, Russia’s commissioner for child rights, for the alleged war crimes.

Reportedly, under the Rome Statute, the court’s binding treaty, individuals against whom an ICC warrant has been issued, must be detained if the person visits a country, which is a member state of the ICC. Nonetheless, India has not signed or ratified the Rome Statue. Therefore, the ex-KGB agent cannot be arrested here.

Additionally, India has repeatedly abstained from voting against Moscow on resolutions in the United Nations on the Ukraine war. Also, India has continued to purchase oil from Russia, adding to the annoyance of the United States-led western bloc of nations.

Earlier in October, Prime Minister Narendra Modi visited Russia’s Kazan for the annual summit of the leaders of the BRICS (Brazil, Russia, India, China, South Africa) group of nations. Both the two leaders held a bilateral meeting on the sidelines of the summit.

During the summit, Russian President Vladimir Putin also discussed India’s economic growth under Prime Minister Narendra Modi. He further thanked Prime Minister Narendra Modi for his participation in the three-day summit.

The Russian President said that all the countries talk about the need to ensure high economic growth rates but India has been doing it successfully for several years. He hailed that achieving high economic growth of 7.5 per cent sets an example for other countries.

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Uttar Pradesh: Two bikers killed, dozens injured after vehicles pile-up due to low visibility

Multiple car occupants were injured and sent to Saifai Medical College, while one was admitted to Shikohabad Hospital. 

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Uttar Pradesh: Two bikers killed, dozens injured after vehicles pile-up due to low visibility

In an unfortunate incident, two bikers lost their lives, and nearly three dozen people were injured in multiple road accidents early on Tuesday as dense smog blanketed Noida and other parts of western Uttar Pradesh, severely impacting visibility.

Low visibility due to thick fog on the Agra-Lucknow Expressway led to multiple collisions with a broken truck. Multiple car occupants were injured and sent to Saifai Medical College, while one was admitted to Shikohabad Hospital. 

Reportedly, on the Eastern Peripheral Expressway, a truck collided with another due to low visibility, triggering a chain reaction. Further, a bus travelling from Panipat to Mathura crashed into the stationary trucks, injuring around a dozen passengers who were rushed to the hospital. Police were deployed to the scene to clear the pile-up.

Additionally, in Firozabad, near Agra, nearly six vehicles collided on the Agra-Lucknow Expressway after a pick-up truck broke down near Nasirpur. After the drivers failed to spot the stalled vehicle due to the smog, leading to a pile-up of SUVs and other cars.

Meanwhile, a speeding truck rammed a bike on National Highway-34, killing Mansharam, a Manipuri resident in Bulandshahr. The police have detained the truck driver. Another fatal accident occurred in Badaun, where an unidentified vehicle struck the bike of Santosh Singh, a teacher commuting to his school in Mau, leading to his death. Ten other people sustained injuries in similar incidents in the region.

Notably, these accidents come as North India grapples with hazardous air quality, with pollution levels in the ‘severe plus’ category. The air pollution has created a health emergency in the National Capital Region (NCR), with residents reporting sore throats, headaches, and breathing difficulties. Authorities have also urged people to remain indoors to minimise exposure to the toxic air.

Reportedly, the local police and administrations are on high alert as they manage the fallout from the hazardous conditions, which continue to threaten road safety and public health.

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