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Rite Aid Files For Bankruptcy Amid Drop In Sales, Opioid Lawsuits Rite Aid Files For Bankruptcy Amid Drop In Sales, Opioid Lawsuits
Rite Aid Files For Bankruptcy Amid Drop In Sales, Opioid Lawsuits One of the country’s largest pharmacy chains has just filed for bankruptcy. The move by Rite Aid comes amid declining sales and a rise in debt, which hit $3.3 billion, according to midyear filings.  The company said in an announcement on Sunday, Oct. 15 that in connection with the filing, it has received a commitment for $3.45 billion in new financing from some of its lenders.  "This financing is expected to provide sufficient liquidity to support the company throughout this process," Rite Aid said. Rite Aid is one of a number of drugstore chains facing litigation related to the…

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by Joe Lombardi
Business
'Lovely' Restaurant Inside 120-Year-Old Abbey In Hudson Valley Added To Michelin Guide 'Lovely' Restaurant Inside 120-Year-Old Abbey In Hudson Valley Added To Michelin Guide
'Lovely' Restaurant Inside 120-Year-Old Abbey In Hudson Valley Added To Michelin Guide A Mediterranian-inspired eatery in Northern Westchester built inside of a 120-year-old abbey has earned its place on the prestigious Michelin Guide. The Apropros Restaurant & Bar, located at the Abbey Inn in Peekskill at 900 Fort Hill Rd., is now an all-new addition to the Michelin Guide, which helps readers discover the best restaurants by listing establishments well-received by its reviewers. In its write-up, Michelin reviewers called the eatery a "lovely inn and restaurant."  "The grounds, and the views, are worth the trip alone but the wine cellar boasting an impressive collecti…

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by Ben Crnic
Business
Massive Recall Issued For Brand Of Candy Linked To Death Of NY Girl Massive Recall Issued For Brand Of Candy Linked To Death Of NY Girl
Massive Recall Issued For Brand Of Candy Linked To Death Of NY Girl A massive recall has been issued for a brand of candy linked to the death of a girl. About 145,800 Cocco Candy Rolling Candy in various flavors are subject to the recall, the US Consumer Product Safety Commission (CPSC) said, noting the candy’s rolling ball can dislodge and become trapped in a child’s throat, posing a fatal choking risk. CPSC said it has received one report of a 7-year-old girl who choked and died after the candy’s rolling ball dislodged and became trapped in her throat in New York in April 2023. The girl's precise place of residence in New York has not been released. Cons…

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by Joe Lombardi
Business
Recall Issued For Multivitamin Brand Because Of Improper Packaging Recall Issued For Multivitamin Brand Because Of Improper Packaging
Recall Issued For Multivitamin Brand Because Of Improper Packaging A recall has been issued for a popular brand of multivitamins. Nutraceutical Corporation announced the recall for 85,300 units of its Solaray Liposomal Multivitamins because the packaging is not child-resistant, posing a risk of poisoning if the contents are swallowed by young children. The recalled supplements contain iron, which must be in child-resistant packaging, as required by the Poison Prevention Packaging Act (PPPA), the Consumer Product Safety Commission (CPSC) said.  This recall involves: Solaray Universal Multivitamin in 60 and 120 counts, Solaray Liposomal Women's …

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by Joe Lombardi
Business
BJ's To Pay $9M For Not Reporting Air Conditioner Defect Linked To Death Of NY Mom, Feds Say BJ's To Pay $9M For Not Reporting Air Conditioner Defect Linked To Death Of NY Mom, Feds Say
BJ's To Pay $9M For Not Reporting Air Conditioner Defect Linked To Death Of NY Mom, Feds Say BJ's Wholesale Club has agreed to pay $9 million in penalties for failing to immediately report a known defect with an air conditioner it sold linked to the death of a mother after a house fire. The move by the Massachusetts-based company, located in Marlborough in Middlesex County, resolves its charges by the US. Consumer Product Safety Commission (CPSC). The CPSC said BJ’s knowingly failed to immediately report to it, as required by law, that portable air conditioners manufactured by Royal Sovereign International, Inc. and sold by BJ’s, contained a defect that could create a substantial p…

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by Joe Lombardi
Business
Here's Where NYers Can Snag Free Cup Of Joe This 'National Coffee Day' Here's Where NYers Can Snag Free Cup Of Joe This 'National Coffee Day'
Here's Where NYers Can Snag Free Cup Of Joe This 'National Coffee Day' Java heads won’t want to miss this giveaway. In honor of National Coffee Day, New York convenience store chain Stewart’s Shops will hand out free cups of Joe at all locations on Friday, Sept. 29, the company announced. Customers can enjoy any size hot, iced, or cold brew coffee with any flavor, on the house, from noon to close. “When we say free, we mean free!” the company said in a press release. “There’s no additional purchase necessary to receive your free coffee. We make it easy, with no strings attached.” Whether you're going hot or iced, it's always a good time for pumpkin spic…

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by Michael Mashburn
Business
'Fun Ride': City Of Newburgh Restaurant Sets Date For Permanent Closure 'Fun Ride': City Of Newburgh Restaurant Sets Date For Permanent Closure
'Fun Ride': City Of Newburgh Restaurant Sets Date For Permanent Closure A Hudson Valley restaurant is breaking hearts by announcing that it will soon be closing its doors for good.  Orange County's Mama Roux, located in the city of Newburgh at 96 Broadway, will open for its last day of business on Sunday, Oct. 8, the owners announced on social media. In their closing announcement, the owners did not give a reason but instead expressed gratitude toward their customers. "Thank you to all of our guests for supporting us for the last 4 years," they wrote, adding, "BOY THAT WAS A FUN RIDE!! Mama's going on to a new chapter." The Southern hospitality restaurant is…

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by Ben Crnic
Business
This Hudson Valley Locale Has Best Downtown Shopping District In NY, New Rankings Say This Hudson Valley Locale Has Best Downtown Shopping District In NY, New Rankings Say
This Hudson Valley Locale Has Best Downtown Shopping District In NY, New Rankings Say If you’re in need of some retail therapy, there’s no better place in New York to get your shopping on than this popular locale, according to a new ranking. In Dutchess County, the city of Beacon was named as having the best “Main Street” shopping district in New York by the financial blog Cheapism. The ranking, which includes towns with fewer than 90,000 residents in all 50 states, sought to pinpoint those “quaint, small-town” shopping centers offering an alternative to the bustling big-box stores and megamalls all too common across the country. “Beacon, on the Hudson River north of New Y…

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by Michael Mashburn
Business
Target To Close Stores In 4 States, Including NY, Citing Theft, Organized Retail Crime Target To Close Stores In 4 States, Including NY, Citing Theft, Organized Retail Crime
Target To Close Stores In 4 States, Including NY, Citing Theft, Organized Retail Crime Citing incidents involving violence and theft, Target announced it is closing nine stores in four states, including one in New York. The New York store is in Manhattan, at 517 E 117th St. Three other stores are in California, in the San Francisco/Oakland market, and three in Oregon, in Portland. The other two stores are in Seattle, Washington. "We cannot continue operating these stores because theft and organized retail crime are threatening the safety of our team and guests, and contributing to unsustainable business performance," the company said in a statement released Tuesday afternoo…

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by Joe Lombardi
Business
Brand-New Brewery Open For Business In Hudson Valley Brand-New Brewery Open For Business In Hudson Valley
Brand-New Brewery Open For Business In Hudson Valley Sake lovers rejoice. Premium sake maker Dassai has opened a new state-of-the-art brewery and tasting room in the Hudson Valley while launching its premium brand Dassai Blue. The 55,000-square-foot brewery opened on Saturday, Sept. 23 in Dutchess County in Hyde Park, according to New York Gov. Kathy Hochul.  “New York’s craft beverage manufacturers are engines for job creation, tourism, and regional economic growth,” Hochul said. “Dassai’s expansion into the Mid-Hudson Region builds on New York’s national and international leadership in agribusiness and will be a welcome addition to thi…

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by Kathy Reakes
Business
Rite Aid Plans To Close 400-Plus Stores, Report Says Rite Aid Plans To Close 400-Plus Stores, Report Says
Rite Aid Plans To Close 400-Plus Stores, Report Says Rite Aid will close 400 to 500 stores as part of a Chapter 11 bankruptcy reorganization, according to a new report. The drugstore chain is now negotiating with creditors to formulate a bankruptcy plan that would include liquidating a substantial portion of its more than 2,100 drugstores, The Wall Street Journal says. Rite Aid is facing over $3 billion in debt and more than a thousand federal lawsuits alleging it oversupplied opioids, the report said. Founded 61 years ago in Scranton, Pennsylvania, Rite Aid moved its headquarters to Philadelphia in 2022. Click here to read the complet…

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by Joe Lombardi
Business
New Ice Cream Recall Issued Due To Listeria Fears New Ice Cream Recall Issued Due To Listeria Fears
New Ice Cream Recall Issued Due To Listeria Fears A new ice cream recall has been issued because of Listeria concerns. The Life Raft Treats products were shipped by GoldBelly.com to 40 states, including New York, New Jersey, Connecticut, Massachusetts, Pennsylvania, Maryland, and Virginia. The recall covered these products: "Not Fried Chicken" - 64-ounce bucket (No UPC) and 2.5 oz. bar (UPC 8 60006 18210 6) "Life is Peachy"- 6-count box (No UPC) To view product packaging photos from the Food and Drug Administration (FDA), click here and scroll down. The company was notified last week by the South Carolina Department of Health and …

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by Joe Lombardi