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Nationwide Pharmacy Chain Set to Close All Stores in Weeks
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EXPLORE FURTHER: Caution advised when purchasing medications from internet drugstores following a fatality It is anticipated that Rite Aid will close several hundred stores within a few weeks following its second bankruptcy filing in under two years. In 2023, it managed approximately 2,000 pharmacies, yet currently, it operates just 1,240 outlets nationwide following recent…
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Vinpearl Resorts of Vietnam’s Richest Man See 45% Revenue Boost
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Vinpearl, which manages resorts, theme parks, and golf courses owned by Vietnam’s wealthiest tycoon, Pham Nhat Vuong, reported a significant increase in revenues of 45%, amounting to VND2.44 trillion (approximately US$94 million), for the initial three months of the year compared to the same period last year. The company’s gross profit jumped 83% to…
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China’s Coffee Boom: 12,000 New Shops Fuel Demand, While Starbucks Struggles
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A president backing the beverage boosts its popularity, whereas aggressive growth and competitive pricing make it easier to obtain. The Chinese coffee market is experiencing rapid growth due to intense expansion and competitive pricing, making the beverage more available to the general public. Additionally, support from a presidential figure has helped increase enthusiasm for…