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CDR

Analysis: What the Affordable Care Act means for Rx

Presume you are an executive manager, owner or operator of a chain of pharmacies, large or small. Or you may manage a chain of food/drug or mass merchandise stores that include pharmacy as an integral part of the entire retail offering.

Shoppers Drug Mart gets earnings lift from 1Q sales gains

Revenue and same-store sales increases helped Shoppers Drug Mart Corp. beat financial analysts’ earnings forecast by a penny for the first quarter. Canada’s largest drug chain said Thursday that for the 12-week first quarter ended March 23, sales rose 3.8% year over year to $2.49 billion (Canadian).

CVS renews Rx distribution pacts with McKesson, Cardinal

CVS Caremark Corp. is continuing its pharmaceutical supply relationships with McKesson Corp. and Cardinal Health Inc. McKesson said Thursday that it has renewed its current distribution agreement with CVS Caremark. For McKesson’s 2012 fiscal year, CVS Caremark and Rite Aid Corp.

Teva forms global specialty drug group

Teva Pharmaceutical Industries Ltd. has created a global specialty medicines group. The Israel-based drug maker said Wednesday said the newly formed group will leverage the company’s well-established generic drug presence for its specialty pharmaceuticals offering.

Orville Redenbacher adds Pop Crunch popcorn snack

Orville Redenbacher’s Gourmet Popcorn has extended its lineup with Pop Crunch, a ready-to-eat popcorn snack. The ConAgra Foods brand said Tuesday that Pop Crunch is made with whole gains and is air-popped for half the fat of leading-brand regular potato chips.

H-E-B’s Loeffler honored with Fantle Award

Robert Loeffler, former chief executive officer of H-E-B, has been recognized by the National Association of Chain Drug Stores with its highest honor, the Sheldon W. Fantle Lifetime Achievement Award.