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The list of Rite Aid drugstores marked for closure continues to grow at a furious pace after the ill-fated pharmacy chain filed for bankruptcy a second time. In a court filing last week, the company said it would move to close 151 additional locations in 10 states, its largest batch of closures since the Chapter 11 process began three weeks ago. Three earlier filings had disclosed a combined 210 closures, as Fast Company previously reported. That means the list of stores that are expected to shutter on an accelerated timeline is now over 360more than a quarter of Rite Aid’s fleet of 1,277 locations. Fast Company reached out to Rite Aid for more information on when the stores are expected to close. According to the filing, interested parties have until June 2 to object. Sold for parts Every Rite Aid store will eventually close or be sold to another entity, but many customers and employees have faced uncertainty about the fate of their local Rite Aid locations in the interim, as the company has not publicly shared many detailed updates. On May 15, Rite Aid reached deals to sell off most of its pharmacy assets, including agreements with Walgreens, Albertsons, and others. Notably, pharmacy giant CVS will hoover up prescription files for 625 Rite Aid locations, but it will only take over 64 physical stores in three states: Washington, Oregon, and Idaho. As for Rite Aid’s remaining assets, interested parties have until June 13 to submit a bid, with an auction planned for June 20. But at the rate these stores are closing, there may not be many Rite Aid stores left by then. The full list of 151 Rite Aid locations marked for closure on last week’s court filing is below. These locations join previous waves of closures announced here, here, and here. 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DR. S#2 LEHIGHTON PA 18235 623 SAINT CLAIR AVENUE CLAIRTON PA 15025 Virginia 525 WEST 21ST STREET NORFOLK VA 23517 2040 ATLANTIC AVE CHESAPEAKE VA 23324 40 TOWNE CENTRE WAY HAMPTON VA 23666 515 NORTH MAIN STREET SUFFOLK VA 23434 6908 MAIN STREET GLOUCESTER VA 23061 13554 CARROLLTON BLVD CARROLLTON VA 23314 240 SOUTH BATTLEFIELD BLVD CHESAPEAKE VA 23322 975 HODGES FERRY ROAD PORTSMOUTH VA 23701 Washington 900 EAST MERIDIAN SUITE 23 MILTON WA 98354 22117 SE 237TH ST MAPLE VALLEY WA 98038 3282 BETHEL ROAD SE PORT ORCHARD WA 98366 1509 AUBURN WAY SOUTH AUBURN WA 98002 3840 BRIDGEPORT WAY WEST UNIVERSITY PLACE WA 98466
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E-Commerce
Lego just announced its first book nook: Sherlock Holmes Baker Street. I was guessing this was coming sooner than later, with Lego’s ever-increasing focus on the adult market and the growing popularity of book nooks. The design is fantastic, full of the fine details you expect of high-quality book nooks, which are miniature dioramas that are designed to fit between books on a shelf. But, unlike those, you can actually take this off the bookshelf, unfold it into a three-building Victorian London street, and play with it. [Photo: Lego] Conceived by Japanese artist Monde in 2018, book nooks often depict a street, a room, or some other structure inspired by a theme from a real book. Originally, people made their own but they quickly became popular on social media, so companies in Japan and China started to sell kits. These precious windows into literary realities are very intricate and complex to build, usually with LED lights to illuminate the scene at night. People who build them find them relaxing. [Photo: Lego] Since adult Lego fans mostly buy sets to chill, it makes sense that the Billund, Denmark-based toy company decided to make its own version. It has been doubling down on a trend that began in the late 2000s, when it released the huge 7,500-brick Millennium Falcon, a massive set that started the Ultimate Collector Star Wars line of sets that catered to grown-up Lego fans (like me) by appealing to their childhood fetishes. [Photo: Lego] The success of these earliest complex sets spurred the company to release other lines, like Lego Architecture, which allow people to build anything from Frank Lloyd Wrights Guggenheim Museum to Ludwig Mies van der Rohes Farnsworth House. Last year it launched a Botanical Collection line, which got deeper into the adult-oriented relaxing space, and iconic pop culture objects in a line aptly named Lego Icons. This is where you will find the Sherlock Holmes Book Nook, available for pre-order for $120 for shipping on June 1. [Photo: Lego] They are playable! When folded and placed in-between books, the book nook offers a view of a street flanked by precious buildings full with architectural details, and a cobblestone street. You will notice that the façades dont run parallel to each other, but converge towards the back in a faux one-point perspective, a design conceived to create an optical illusion that makes it look deeper than what it actually is. Theres Sherlock and Watson minifigs, plus Irene Adler, Paige and Professor Moriarty. I just wish Lego had included LED lighting, too. [Photo: Lego] Unlike assembled wooden or carton book nooks, you can take the Lego book nook out of the bookshelf and unfold it to form a perfectly straight lineup of three buildings. Not surprisingly, the designers found ways to make the set fully interactive. Theres even a secret hideout for Moriarty, which you can operate by turning a chimney in the buildings roof. You can peek intoHolmes’ study by pushing open the top floor wall of 221B Baker Street. Theres also a bookshelf in a book nook in a bookshelf inside the window display of the book store in one of the buildings, which you can access by rotating its cylindrical window display. The kind of clever infinite loop that can open real portals between our reality and Sir Arthur Conan Doyles universe.
Category:
E-Commerce
President Donald Trump’s media company said Tuesday that institutional investors will buy $2.5 billion in the company’s stock with the proceeds going to build up a bitcoin reserve. About 50 institutional investors will put up $1.5 billion in the private placement for common shares in the company and another $1 billion for convertible senior notes, according to Trump Media and Technology Group, the operator of Truth Social and other companies. Trump Media said it intends to use the proceeds for the creation of a bitcoin treasury. This investment will help defend our Company against harassment and discrimination by financial institutions, which plague many Americans and U.S. firms,” said Trump Media CEO and Chairman Devin Nunes in prepared remarks. Shares of Trump Media & Technology Group Corp., based in Sarasota, Fla., tumbled 9% Other companies have adopted similar strategies through cryptocurrency. Cloud and mobile software developer MicroStrategy Inc. has built up a treasury reserve containing billions worth of bitcoin through stock sales and debt financing. Trump, who referred to cryptocurrencies in his first term as not money, citing volatility and a value “based on thin air,” has shifted his views on the technology. During an event at his Mar-a-Lago club in Florida during his presidential campaign in May 2024, Trump received assurances that crypto industry backers would spend lavishly to get him reelected. Last week, Trump rewarded 220 of the top investors in one of his other cryptocurrency projects the $Trump meme coin with a swanky dinner luxury golf club in Northern Virginia, spurring accusations that the president was mixing his duties in the White House with personal profit.
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E-Commerce
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