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Retail News Breaks Archives

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Week of Mon, Jul 13th, 2009

CBO chief: Health reform proposals would hike costs

Proposed health care reform legislation as it stands would balloon federal health care spending — not curb it — and hoist the nation’s already soaring debt levels, according to the head of the Congressional Budget Office (CBO).

CVS preps new pharmacy customer care center

CVS Caremark Corp. plans to open a new pharmacy customer care center in Rhode Island later this year and is working with state and local agencies to recruit and train certified pharmacy technicians for the facility.

Kinney Drugs to deploy Kodak photo solution

Kinney Drugs plans to roll out Kodak photo kiosks and thermal dry lab systems in all of its stores.

Rite Aid's outlook gets upgraded

Standard & Poor's Ratings Services has raised its outlook on Rite Aid Corp. to stable from negative, citing the drug store chain's efforts to buttress its liquidity.

First Alaska store puts Walgreens in all 50 states

Walgreen Co. now has a footprint in all 50 states with the opening of its first Alaska store over the weekend.

Walgreens makes flurry of promotions

In a series of personnel moves, Walgreen Co. has promoted executives in finance, facilities and real estate and has filled out its merchandising team.