Retail News Breaks Archives

Week of Mon, Jul 6th, 2009

Duane Reade readies New York advertising blitz

Duane Reade Inc. on Friday said it's set to uncork its first new advertising campaign in years, with the drug chain's messages blanketing spaces throughout New York City.

NACDS officials turn spotlight on Rx adherence

Officials from the National Association of Chain Drug Stores this week made the case for the pivotal role that community pharmacy can play in helping patients follow their medication regimens and, in turn, fostering health care reform.

Supervalu to form new health and wellness division

Amid a leadership shakeup, Supervalu Inc. said Wednesday that it plans to create a new health and wellness division.

Walgreens beefs up its dividend

In a show of confidence about its strategic plans and financial performance, Walgreen Co. on Wednesday hoisted its quarterly dividend by 22.2%.

Duane Reade to roll out HP photo centers

Duane Reade Inc. plans to deploy Hewlett-Packard photo publishing technology throughout its stores.

First quarter sales rise for Jean Coutu

Jean Coutu Group on Tuesday posted healthy revenue and same-store sales growth for its fiscal 2010 first quarter.

Cardinal Health, CVS Caremark renew distribution agreement

Cardinal Health has renewed its distribution agreement with CVS Caremark Corp.

McKesson renews distribution pact with CVS Caremark

McKesson Corp. on Monday said it has renewed its current distribution agreement with CVS Caremark Corp.

Walgreens extends deadline for Delaware Medicaid Rx

Walgreen Co. has agreed to continue filling Medicaid prescriptions in Delaware for another 30 days after previously announcing it would stop doing so as of Monday due to proposed cuts in pharmacy reimbursement rates.