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CDR

Walgreens starts off strong in new fiscal year

Walgreen Co. reported a surge in earnings and robust sales gains for its fiscal 2014 first quarter. Walgreens said that it filled a record number of prescriptions during the fiscal 2014 first quarter. Walgreens said Friday that for the first quarter ended Nov. 30.

Perrigo closes acquisition of Elan

Perrigo Co. has completed its $8.6 billion deal to acquire Irish pharmaceutical company Elan Corp. Perrigo said Wednesday that under the acquisition, announced in July, it has combined with Elan to form a new company incorporated in Ireland, which has adopted the global name Perrigo Company plc.

Rite Aid expands its partnership with GNC

Rite Aid Corp. has extended its partnership with GNC and plans to add hundreds more of the nutritional supplement retailer’s store-within-a-store departments to its drug stores. The drug chain said Thursday that the agreement expands the Rite Aid-GNC partnership to 2019.

Wellness+ data sharpen Rite Aid’s shopper intelligence

The wellness+ customer loyalty program is changing the game for Rite Aid in marketing and merchandising, according to company executives. Currently, wellness+ has more than 25 million active members, defined by Rite Aid as those who have used their card at least twice over the previous 26 weeks.

Merlo: CVS sees ‘retailization’ of health care

As consumers and businesses seek health care benefits and services to meet their specific needs, CVS Caremark Corp. has the “ability and agility” to provide what they’re looking for, president and chief executive officer Larry Merlo said at the company’s annual analyst day.

Zelo Brazilian Keratin hair care line carried by Walgreens.com

Boca Cosmetics Group’s Zelo Brazilian Keratin hair care line is now being sold through Walgreens.com. The company said Tuesday that since its successful launch of on Home Shopping Network in 2012, Zelo has grown exponentially. In October, the product line became available via drugstore.com.