Here are the retailers shuttering thousands of stores in 2024
Some major retailers are struggling to attract customers, leading to more than 7,100 store closures in 2024 — a 69% jump from a year ago.
CVS
"Pharmacy deserts" on the rise amid U.S. drugstore closures
Across the U.S., at least 7,000 pharmacies have closed since 2019. Of those, roughly half were independent drugstores.
Walmart to deliver prescriptions nationwide in as little as 30 minutes
Walmart is launching a new service to deliver prescription drugs in 49 U.S. states by the end of January.
CVS Health CEO Karen Lynch steps down after 19% stock plunge
CVS Health CEO Karen Lynch has stepped down and is being replaced by David Joyner amid struggles with rising costs.
CVS lays off 2,900 workers in cost-cutting move. Here's what to know.
CVS said it is cutting 2,900 workers, or about 1% of its workforce, as part of an effort to reduce costs by $2 billion.
Drug middlemen illegally drive up the cost of insulin, FTC says
Regulators say the nation's largest pharmacy benefit managers are partly to blame for the soaring cost of insulin in the U.S.
Major drugstores testing smaller locations
Big-name pharmacy chains like CVS and Walgreens are testing out smaller locations with full-size pharmacies inside as they bet on customers needing more for health care than other basic or convenience items. Fiona Rutherford, health care reporter for Bloomberg, has more.
Store closures are surging in 2024. Here are the worst-hit retailers.
Due to bankruptcies and other problems, retailers plan to close almost 3,200 stores this year, up 24% from a year ago.
Norah O'Donnell interviews CVS CEO Karen Lynch
In this episode of "Person to Person with Norah O'Donnell," O'Donnell speaks with CVS Health CEO and author Karen Lynch about her life and career.
CVS CEO on decision to carry the abortion pill, cybersecurity threats
Karen Lynch, CEO of CVS Health, discussed her company's decision to carry the abortion pill mifepristone, and cybersecurity threats in the wake of the UnitedHealth hack.
CVS CEO on the state of health care in the U.S.
Karen Lynch, CEO of pharmacy giant CVS Health, spoke this week about the decision to carry the abortion pill for the first time in an interview with Norah O'Donnell, anchor and managing editor of "CBS Evening News."
Expanding abortion pill access at pharmacies
Following a pivotal FDA rule change, CVS and Walgreens will start offering the abortion pill, mifepristone, to individuals with prescriptions in states where abortion is legal. Dr. Celine Gounder, CBS News medical contributor and editor at large for public health at KFF, has more on what you need to know.
Abortion pill at CVS, Walgreens: What to know
CVS and Walgreens say they will begin selling the abortion pill mifepristone in March. Lee Hasselbacher, research assistant professor at the University of Chicago, joins CBS News to discuss the move.
Walgreens, CVS to begin selling abortion pill
Reproductive rights advocates Friday hailed a historic decision by Walgreens and CVS to begin dispensing the abortion pill mifepristone as soon as this month. The two pharmacy chains said the prescription pill will available in states where it's legal. Nikki Battiste has more.
CVS, Walgreens to sell abortion pills soon
The two largest pharmacy chains in the U.S., CVS and Walgreens, will start selling the abortion pill mifepristone as soon as this month, the companies said Friday. Both companies were certified to dispense the pills following regulatory changes by the FDA. CBS News senior White House correspondent Weijia Jiang reports.
CVS and Walgreens to start selling abortion pills this month
In January, the FDA changed regulations to allow retail pharmacies to sell the drug mifepristone.
Eye ointments sold nationwide recalled due to infection risk
Multiple brands sold by Walmart and CVS recalled as FDA cites unsterile conditions at Indian manufacturing plant.
CVS closing dozens of Target pharmacies
CVS is still working on closing hundreds of stores, including some pharmacies inside Target stores, blaming the changes on waning foot traffic, rising competition and workforce shortages, according to Bailey Schulz, a consumer news reporter for USA Today, who joined CBS News with her look at CVS' plan.
CVS closing dozens of pharmacies inside Target stores
The nation's largest drugstore chain says closures to start next month and end in early April.
Retailers closed 4,600 stores this year. Here are the hardest hit.
Bed Bath & Beyond stores disappeared in 2023, with store closures up 80% across the U.S. Still, more stores opened than closed.
Here are the stores and restaurants open on Christmas Day
Need a last minute ingredient or gift on Christmas Day? Here's what restaurants, grocery stores and fast-food chains will be open.
CVS to overhaul drug pricing system
CVS announced a new policy to make prescription drug prices more predictable. Tina Reed, senior health care reporter at Axios, joins CBS News to discuss what the move means for consumers.
Walgreens, CVS pharmacy staff walk off job
Some staff members at major U.S. pharmacy chains like Walgreens and CVS walked off the job this week over working conditions. The three-day walkouts that began Monday follow similar walkouts last month in Arizona, Washington, Oregon and Massachusetts. Shane Jerominski, a licensed independent pharmacist, joined CBS News to discuss the situation.
Fallout from major pharmacy chain closures
Rite Aid has filed for Chapter 11 bankruptcy protection and plans to shutter more than 150 U.S. stores while CVS and Walgreens also plan to shutter more than 1,500 pharmacies across the country. Public health experts warn these drugstores are closing in mostly low-income neighborhoods. Dr. Bayo Curry-Winchell, a family medicine and urgent care doctor, joined CBS News to discuss the issue.
CVS pulling some of the most popular cold medicines from store shelves
CVS won't sell decongestants that contain phenylephrine as the only active ingredient after an FDA panel called the ingredient ineffective.
Maryland senator meets with mistakenly deported Abrego Garcia in El Salvador
Maryland Sen. Chris Van Hollen says he met with Kilmar Abrego Garcia, who immigration officials say was deported by mistake to El Salvador.
FSU mass shooting kills 2, injures 6; suspect in custody
Law enforcement said the suspected shooter is the 20-year-old son of a Leon County sheriff's deputy and a student at FSU.
Trump says Fed Chair Powell's "termination cannot come fast enough"
President Trump lashed out at Fed Chair Jerome Powell over interest rates, saying he should "certainly lower them now."
CDC scraps plan to help Texas schools curb measles over layoffs, employee says
Some employees working on the CDC's measles response were warned they could face layoffs.
Despite recent mass shootings, Florida considers repealing gun age law
Florida legislature has been considering the removal of a gun control law passed after the 2018 massacre in Parkland in which 17 people were killed in a mass shooting at Marjory Stoneman Douglas High School.
Trump administration cutting nearly 90% of Consumer Financial Protection Bureau
President Trump is downsizing the Consumer Financial Protection Bureau.
Court says Trump administration's claims in case of deported man are "shocking"
A federal appeals court said it will not pause a district court order that required the Trump administration to facilitate the release of Kilmar Abrego Garcia from El Salvador.
IRS considers rescinding Harvard's tax-exempt status, something Trump floated
"Remember, Tax Exempt Status is totally contingent on acting in the PUBLIC INTEREST!" President Trump wrote on Truth Social on Tuesday about Harvard.
Luigi Mangione indicted on federal charges in CEO killing
Luigi Mangione will be eligible for the death penalty if convicted.
U.S.
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Trump administration cutting nearly 90% of Consumer Financial Protection Bureau
President Trump is downsizing the Consumer Financial Protection Bureau.
Despite recent mass shootings, Florida considers repealing gun age law
Florida legislature has been considering the removal of a gun control law passed after the 2018 massacre in Parkland in which 17 people were killed in a mass shooting at Marjory Stoneman Douglas High School.
CDC scraps plan to help Texas schools curb measles over layoffs, employee says
Some employees working on the CDC's measles response were warned they could face layoffs.
Videos capture student reactions amid deadly FSU shooting
Videos on social media capture the terrifying moments when a gunman opened fire on the Florida State University campus. Police say the suspect is a 20-year-old FSU student.
George Santos lacks "remorse" ahead of sentencing, DOJ says
The Department of Justice said in a filing Thursday that George Santos is approaching his April 25 sentencing with "belligerence" in recent social media posts.
MoneyWatch
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Honda to shift Civic Hybrid production to U.S. from Japan
Rated as one of the top 10 most popular cars sold in the U.S. in 2024, the Civic model is currently sourced in both countries.
Can the IRS strip Harvard of its tax-exempt status? Here's what to know.
President Trump has suggested stripping Harvard of its tax-exempt status, a step that experts say would be unusual and face legal challenges.
Grocery prices continue to rise, but increases vary from city to city
A new study from SmartAsset reveals varied increases in grocery prices depending on where you live.
Shein, Temu will raise prices next week as a trade loophole closes
Shein and Temu, known for their low-cost items, say they'll raise prices starting April 25 after Trump ended an import loophole.
Google's digital ad network an illegal monopoly, judge rules
The ruling involving Google's online ad technology follows a similar case last year in which Google's search engine was declared a monopoly.
Politics
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Mistakenly deported Kilmar Abrego Garcia meets with Maryland senator in El Salvador
Maryland Sen. Chris Van Hollen says he has met with Kilmar Abrego Garcia, who immigration officials say was deported by error, in El Salvador on Thursday.
Trump administration cutting nearly 90% of Consumer Financial Protection Bureau
President Trump is downsizing the Consumer Financial Protection Bureau.
Despite recent mass shootings, Florida considers repealing gun age law
Florida legislature has been considering the removal of a gun control law passed after the 2018 massacre in Parkland in which 17 people were killed in a mass shooting at Marjory Stoneman Douglas High School.
George Santos lacks "remorse" ahead of sentencing, DOJ says
The Department of Justice said in a filing Thursday that George Santos is approaching his April 25 sentencing with "belligerence" in recent social media posts.
Trump calls deadly FSU shooting "terrible," suggests no new gun laws
The president said the FSU shooting was "terrible" and a "shame," but suggested new gun laws are unlikely, calling himself a "big advocate of the Second Amendment."
HealthWatch
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CDC scraps plan to help Texas schools curb measles over layoffs, employee says
Some employees working on the CDC's measles response were warned they could face layoffs.
FDA making plans to end its routine food safety inspections, sources say
Food safety inspections would be left to state and local authorities under the plan being developed by the FDA.
GLP-1 pill shows success for diabetes, weight loss, Eli Lilly says
Eli Lilly and Co., the maker of Zepbound and Mounjaro, announced a successful Phase 3 trial for a once-daily GLP-1 pill for diabetes and weight loss.
Beyond Ivy League, RFK Jr.'s NIH slashed science funding across U.S.
A KFF Health News analysis underscores how the NIH funding terminations have spared no part of the country, politically or geographically.
Detroit-based organization leads fights for Black mothers
During Black Maternal Health Week, a national campaign to raise awareness and improve outcomes for Black mothers, the Detroit-based organization Mothering Justice is spotlighting what happens when advocacy turns into action.
World
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Mistakenly deported Kilmar Abrego Garcia meets with Maryland senator in El Salvador
Maryland Sen. Chris Van Hollen says he has met with Kilmar Abrego Garcia, who immigration officials say was deported by error, in El Salvador on Thursday.
American shot dead after hijacking small plane in Belize
A U.S. veteran was fatally shot after he hijacked a small passenger plane in Belize.
U.K. touts test of new radio wave weapon to take down "swarms of drones"
The U.K. military has carried out a first successful test of a British-made "directed energy weapon" to down dozens of drones at once.
Wife identifies missing husband's shirt at cartel recruitment ranch
The discovery of bones, shoes and clothing at the Jalisco ranch has shone a spotlight on the ruthless tactics of cartels in a country where thousands are missing.
Israeli family's dog found in Gaza 18 months after Hamas attack
For the Dancyg family and their brutalized Kibbutz Nir Oz community in Israel, pooch Billie's return from Gaza is a miracle, and a "little light in a lot of sorrow."
Entertainment
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Skye P. Marshall on career change and working with Kathy Bates on "Matlock"
Skye P. Marshall also worked in the pharmaceutical industry before she pursued acting. She spoke with "CBS Mornings" about the transition and starring in the legal drama, "Matlock."
Skye P. Marshall on "Matlock" finale
Skye P. Marshall joins "CBS Mornings Plus" to preview the explosive finale of "Matlock," share what it's like working with Kathy Bates, and react to Olympia's discovery of Matty's secret.
James Brolin on "Ransom Canyon"
Hollywood legend James Brolin stars as a tough Texas rancher in "Ransom Canyon," a modern Western about land, loyalty, and legacy. The series follows three families caught in a power struggle over their hometown's future.
Michelle Trachtenberg died of diabetes complications, officials say
Michelle Trachtenberg's death was initially undetermined but the medical examiner amended it after lab test results showed complications of diabetes mellitus.
Michael B. Jordan, Ryan Coogler on "Sinners" being boldest collaboration yet
Ryan Coogler and Michael B. Jordan discussed their genre-blending new film, "Sinners," which follows twin brothers in the 1930s Deep South.
Technology
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Technology
Judge: Google is online advertising monopoly
A federal judge ruled Thursday that Google is a monopolist in markets for online advertising technology. CBS News' Kelly O'Grady has the details.
How AI is using facial recognition to help bring lost pets home
A national lost-and-found database run by the nonprofit Petco Love has helped reunite more than 100,000 families with missing animals.
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Google's digital ad network an illegal monopoly, judge rules
The ruling involving Google's online ad technology follows a similar case last year in which Google's search engine was declared a monopoly.
How AI is reuniting people with pets
Love Lost is a national lost-and-found pet database run by the nonprofit Petco Love. CBS News consumer correspondent Ash-har Quraishi shows how it's using AI and new technology to help reunite pet owners with their furry friends.
Science
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Science
Breaking down the return of dire wolves
Colossal Biosciences says it successfully gene-edited gray wolves to carry traits of the extinct dire wolf. Founder and CEO Ben Lamm and Chief Science Officer Beth Shapiro discuss the research and rising controversy.
Scientists find "strongest evidence yet" of life on distant planet
A British-U.S. team of researchers detected signs of two chemicals in the planet's atmosphere long considered to be "biosignatures" indicating extraterrestrial life.
Can climate change really create zombie fungi, like in "The Last of Us"?
As the HBO series "The Last of Us" returns, fans wonder: How much of the chilling storyline about a fungal zombie pandemic is rooted in reality?
NOAA could face 25% budget cut, slashing climate research, in draft proposal
An internal government document proposes significant changes for the National Oceanic and Atmospheric Administration, hitting its research functions hardest.
Ancient jawbone found in sea linked to mysterious human ancestors
Relatively little is known about Denisovans, an extinct group of human cousins that interacted with Neanderthals and Homo sapiens.
Crime
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Videos capture student reactions amid deadly FSU shooting
Videos on social media capture the terrifying moments when a gunman opened fire on the Florida State University campus. Police say the suspect is a 20-year-old FSU student.
Videos, witnesses depict FSU shooting scene
A suspect is in custody following a mass shooting at Florida State University in Tallahassee. Authorities say two people are dead. CBS News Tallahassee affiliate WCTV journalist Jacob Murphey has the latest.
George Santos lacks "remorse" ahead of sentencing, DOJ says
The Department of Justice said in a filing Thursday that George Santos is approaching his April 25 sentencing with "belligerence" in recent social media posts.
Luigi Mangione indicted on federal charges in CEO's killing
Luigi Mangione will be eligible for the death penalty if convicted as charged.
New details on suspect in FSU shooting
At least two people died in a shooting at Florida State University on Thursday. Authorities say the suspect is the 20-year-old son of a sheriff's deputy and is in police custody. CBS News correspondent Shanelle Kaul has the details.
Space
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Space
Astronomer on new evidence pointing to life
Astronomers say they have discovered "the strongest evidence yet" of life on a distant planet, although, they stress that more research is needed. Chief astronomer and planetarium director of the Franklin Institute Derrick Pitts joins "The Daily Report" to discuss.
Scientists find "strongest evidence yet" of life on distant planet
A British-U.S. team of researchers detected signs of two chemicals in the planet's atmosphere long considered to be "biosignatures" indicating extraterrestrial life.
Gayle King on how space flight changed her
A day after her flight to space, Gayle King speaks with "CBS Evening News" co-anchor Maurice DuBois about how the trip has changed her.
Aisha Bowe and Amanda Nguyen reflect on life-changing Blue Origin spaceflight
Aisha Bowe and Amanda Nguyen talk to "CBS Mornings" about how the Blue Origin spaceflight changed them for the better.
Gayle King says she can "take on anything" after space journey
"CBS Mornings" co-host Gayle King, who before her spaceflight admitted that she's a nervous flyer, said she has a new confidence following her journey and revealed if she would do it again.
Latest Galleries
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"Hands Off!": Americans across country protest Trump, Musk
Hundreds of thousands took to the streets, in Washington, D.C. and other cities across the United States, in opposition to the policies of Donald Trump, in the largest protests since he returned to the presidency.
Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Husband pieces together wife's last movements to find out how she was killed
A look into a grieving husband Jan Cilliers' investigative work after his wife Christy Giles and her friend Hilda Marcela Cabrales died after a night out.
The Scott Peterson case: New evidence?
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Latest CBS News Videos
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Latest CBS News Videos
Reporter's Notebook: The power of defiance
On Monday, runners will compete in the world's oldest continually run marathon -- the Boston Marathon. On this day in 1972, women were officially allowed to compete for the first time. But it wasn't the first time a woman ran the race. "CBS Evening News" co-anchor John Dickerson explains.
Explaining signs of life found on distant planet
Astronomers announced they had detected the most promising "hints" of potential life on a planet beyond our solar system. Cambridge University astrophysicist Nikku Madhusudhan, one of the scientists who led the research, joins to discuss.
Black mothers face higher risks in childbirth
The U.S. has the worst maternal mortality rate of developed countries. New numbers show Black women are three and a half times more likely to die than white women from childbirth and other pregnancy-related causes. Elise Preston reports.
Trump could soon deport more migrants, lawyers say
The Trump administration is engaged in several different immigration-related battles. In one, lawyers for five Venezuelan men being held in Texas warned a judge that the government appears poised to remove more migrants under the wartime Alien Enemies Act. Scott MacFarlane has details.
Can Trump fire Fed chair Jerome Powell?
President Trump is once again taking aim at his own pick for America's most powerful economic post -- Federal Reserve Chair Jerome Powell. Despite nominating him in 2017, Trump now wants him out. But is that allowed? Jan Crawford explains.