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Retail News Breaks Archives

Week of   

Week of Mon, Sep 28th, 2009

CVS expects decline in Medicare Part D subsidy enrollees

CVS Caremark Corp. projects that the number of low-income subsidy members enrolled in its Silverscript and Accendo Medicare Part D plans will fall by 30% to 35% next year.

Former Starbucks, Pathmark CEO to take helm at Haggen

Jim Donald, a former chief executive officer at Starbucks Inc. and Pathmark Stores Inc., this week was named president CEO of regional food and drug chain Haggen Inc.

Riedl to leave Walgreens

George Riedl, senior vice president of pharmacy innovation and purchasing at Walgreen Co., plans to leave the company at the end of the year.

Minnesota sued by Rx groups over Medicaid reductions

Pharmacy groups this week expanded their legal action over Medicaid cutbacks to a fourth state, Minnesota.

Front-end rebound, strong Rx boost Walgreens' monthly sales

A rebound in front-end business and strong pharmacy sales fueled a solid same-store sales gain at Walgreen Co. in September.

Walgreens marks opening of 7,000th store

Walgreen Co. on Thursday celebrated hitting the 7,000-store mark nationwide with the grand opening of a new location in Brooklyn, New York.

Drugstore.com launches sexual wellness online store

Drugstore.com this week launched SexualWellBeing.com, an online store offering sexual health products.

CVS begins offering flu shot vouchers to the unemployed

CVS Caremark Corp. on Thursday started distributing vouchers for free seasonal flu shots to the unemployed, kicking off the effort in Boston.

Rite Aid sees dip in September same-store sales

Same-store sales tailed off in September at Rite Aid Corp. but improved compared with the previous month's results.

Pharmacy groups sue three states over Medicaid cuts

Pharmacy industry groups are suing the states of California, New York and Washington, claiming they have made unlawful cuts in Medicaid and have failed to ensure patient access to care and the quality of care.

Diabetes management campaign kicks off at Rite Aid

Rite Aid Corp. this week began its annual campaign to help diabetes patients better manage the disease.

Wasson: Walgreens' store growth more balanced

Walgreen Co. has been taking a more measured approach as it extends the reach of its store network, focusing mainly on organic growth, improved efficiency and greater customer appeal.

Rite Aid teams with hospital to open health clinics

Rite Aid Corp. plans to open several in-store health clinics in Maryland and Delaware through a partnership with a local hospital.

Ex-Supervalu executive lands at Wal-Mart Canada

Former Supervalu Inc. executive Duncan Mac Naughton has joined Wal-Mart Canada Inc., Chain Drug Review has learned.

CVS extends HealthVault downloads to retail Rx customers

CVS Caremark Corp. has expanded its partnership with Microsoft HealthVault to allow retail pharmacy customers to download prescription histories.

Push for 90-day at retail prescriptions begins at Walgreens

Walgreen Co. has kicked off a program to deliver 90-day prescriptions for maintenance and chronic care medications through its retail pharmacies and worksite centers.

Walgreens 4Q earnings top analysts' forecast

Fueled by a robust sales gain, Walgreen Co. bested Wall Street analysts' profit projections for its fiscal fourth quarter but saw earnings slip year over year.

Mac Naughton resigns from Supervalu

Duncan Mac Naughton has resigned as executive vice president of merchandising and marketing at Supervalu Inc.

Roundtable: Chains, suppliers speak out on community Rx

These days, everywhere community pharmacy operators turn there seems to be a new challenge.