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Inside This Issue - News

Industry Outlook: Drug chains lifted by improved economy

With the economic recovery well under way, chain drug retailers can expect a year of growth in 2011, industry analysts say.

NACDS to meld three shows in Total Store Expo

Larry Merlo, president and chief executive officer of CVS Caremark Corp. and current chairman of the National Association of Chain Drug Stores, made a dramatic announcement at this year’s NACDS Annual Meeting regarding the association’s meetings and conferences agenda.

Montini tabbed as Rite Aid's top merchant

Tony Montini has been promoted to executive vice president of merchandising at Rite Aid Corp. He had been senior vice president of category management.

Rite Aid/Save-A-Lot format targets one-stop shoppers

The store co-branding concept that began late last year between Rite Aid Corp. and Save-A-Lot Food Stores has met and in some cases exceeded expectations at the 10 outlets that are involved.

Scorpiniti appointed COO at Katz

Former Duane Reade and Longs Drug Stores executive Frank Scorpiniti has been named chief operating officer at Katz Group Canada Ltd.

Walk With Walgreens promotes a 'well life'

Walgreen Co. has launched a national health initiative encouraging Americans to walk more and rewarding participants with in-store discounts.

London Drugs develops new look for stores

London Drugs is nearing the completion of a redesign of two stores that could be precursors to the way the pharmacy chain’s stores will look going forward.

Navarro tailors store brand for Hispanics

Navarro Discount Pharmacy plans to introduce its own private brand of products geared to Hispanic shoppers.

NACDS adds government affairs execs

The National Association of Chain Drug Stores has made a pair of new appointments to its government affairs team.

Chain Drug Consortium appoints head of GM

Former Duane Reade executive Lee Colarco has been named vice president of general merchandise and consumables at the Chain Drug Consortium.

Chain drug share of Rx spending increases

U.S. prescription drug spending rose in 2010 but grew at less than half the rate in 2009, according to a new report from the IMS Institute for Healthcare Informatics.

Health Mart, MSI impress Consumer Reports

Health Mart and Medicine Shoppe International Inc. (MSI) have tied for second in Consumer Reports’ latest ranking of the best pharmacies.