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Retail News Breaks Archives Walgreen Co. is offering free blood pressure testing at all of its drug stores and Take Care Clinics daily during May as part of National High Blood Pressure Education Month and to support the Million Hearts initiative. Navarro Discount Pharmacy showcased its remodeled store in Coral Gables, Fla., with a grand opening event attended by company executives and local officials. Walgreens Specialty Pharmacy is adding six medications to its oral oncology cycle management program. Rite Aid Corp. plans to issue $426 million senior unsecured notes due in 2020 to help fund a refinancing of debt. CVS Caremark Corp. is serving up free blood pressure tests as part of a series of cardiovascular health efforts in May for National High Blood Pressure Education Month and in support of the federal Million Hearts initiative. Decreased results in the pharmacy and the front end pulled down same-store sales for Walgreen Co. in April. Jean Coutu Group and its franchised drug store network saw robust sales gains for the fiscal 2012 fourth quarter and ended the year on an up note. Gains in the pharmacy and front end lifted same-store sales at Rite Aid Corp. for April. CVS Caremark Corp. posted sharp revenue and same-store sales gains for the first quarter as its retail pharmacy business reaped the benefits of the contract impasse between rivals Walgreen Co. and Express Scripts Inc. Walgreen Co. has boosted vaccine availability in Massachusetts with new state regulations that permit pharmacists to administer a broad range of immunizations. CVS/pharmacy has rolled out an updated mobile application that enables shoppers to digitally store their ExtraCare loyalty card in a smartphone. Retail clinics and big-name medical centers are set for a growth surge, industry experts said at the American Telemedicine Association's annual meeting here this week. Mississippi and Minnesota are the latest states to offer legislation to curb audits of pharmacies by pharmacy benefit managers (PBMs).
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