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Week of Mon, Jun 3rd, 2013

Kerr boosts visibility as diabetes care destination

Kerr Drug has launched a new marketing and service initiative focusing on customers with diabetes.

NACDS Foundation expands Faculty Scholars class

National Association of Chain Drug Stores Foundation has announced a new and expanded class for its Faculty Scholars Program.

Rite Aid initiates debt refinancing, forecasts 1Q profit

Rite Aid Corp. plans to refinance $500 million in debt and, in tandem with the transaction, is projecting net earnings for its fiscal 2014 first quarter, which would mark the drug chain's third straight profitable quarter.

Quebec food/drug chains to improve access for disabled

Six food and drug retail chains in Quebec have agreed to make their stores more accessible to people with disabilities in response to a study by the province's Commission des Droits de la Personne et des Droits de la Jeunesse (CDPDJ, or the Human Rights and Youth Rights Commission).

Industry mourns passing of USA Drug founder Steve LaFrance

Stephen LaFrance Sr., who built a regional drug store powerhouse with USA Drug, has died. He was 71.

Rite Aid reports comp-store sales decline for May

Decreased sales and script count in the pharmacy contributed to a comparable-store sales decline in May at Rite Aid Corp.

Florida biosimilars legislation is 'major step,' BIO says

The Biotechnology Industry Organization (BIO) has applauded Florida Gov. Rick Scott for signing state legislation to establish a pathway for the substitution of interchangeable biologic medicines.

McKesson readies for ideaShare retail pharmacy conference

Thousands of community pharmacy owners and pharmacists will be heading to Las Vegas later this month for McKesson Corp.'s ideaShare 2013 Conference, the pharmaceutical distributor's annual retail pharmacy trade show.

Walgreens sees same-store sales rise in May

Same-store sales at Walgreen Co. continued to improve in May, with the drug chain reporting a larger gain than in April.

Rite Aid to deploy 3D holographic rewards kiosks

Rite Aid Corp. is taking in-store marketing to another dimension with the rollout of customer rewards kiosks featuring 3D holographic videos.

CVS begins in-store fundraising campaign for ALS

CVS/pharmacy has launched its annual in-store Advancing Medical Research fundraising campaign for amyotrophic lateral sclerosis (ALS).

AmerisourceBergen wraps up sale of Canadian Rx distribution unit

AmerisourceBergen Corp. has completed the sale of AmerisourceBergen Canada Corp. (ABCC), its Canadian pharmaceutical distribution business, to Kohl & Frisch Ltd.

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