Skip to content

CDR

Bull market for drug chain stocks

Stock prices for the nation’s three largest drug chains are on a tear. Walgreen Co., CVS Caremark Corp. and Rite Aid Corp. shares all reached new 52-week highs as of mid-morning trading on Tuesday. Rite Aid shares ranged from $2.44 to $2.52 on Tuesday, with the latter marking the drug chain’s peak

Clark Pharmaceuticals, Ferndale Healthcare team on skin care

Clark Pharmaceuticals LLC and Ferndale Healthcare Inc. have partnered to produce over-the-counter therapeutic skin care products. Their first product, DerMend Moisturizing Bruise Formula, is designed to address the bruising that often occurs with the mature skin of men and women over age 50.

SheaMoisture sizes up burgeoning ethnic market

Research by Sundial Brands, which makes the SheaMoisture line of beauty care products, points to the emergence of a New General Market that is more diverse in a number of ways. For the year ended July 31, 2011, African-Americans, Latinos and other minorities accounted for 50.

Target cites pharmacists as allergy resource

Target Corp. is pointing allergy sufferers to its pharmacists for advice on dealing with their symptoms during what experts predict will be a longer, more intense allergy season. The discount store chain said Monday that a new Target survey finds that nearly seven out of 10 U.S.

Redesigned RiteAid.com goes live

Rite Aid Corp. has launched a revamped website that the drug chain said provides a more personalized and engaging experience to online customers. Rite Aid said Monday that the redesigned RiteAid.

Shoppers Drug Mart rebrands Beauty Boutique

Shoppers Drug Mart Corp. has taken its 10-year-old Beauty Boutique concept to another level. Rebranded as the Beauty Boutique by Shoppers Drug Mart, the upscale beauty department features a broadened mix, some of Canada’s leading beauty advisors and a new interactive website.

Independent passes torch to Fruth Pharmacy

Fruth Pharmacy next week will mark the opening of its second location in Ironton, Ohio, and its 27th store overall. Fruth’s new Ironton, Ohio, store was formerly an independent pharmacy. A celebration is planned for April 29 through May 1 with grand-opening specials.

Kerr Drug eyes new ways to connect with customers

Kerr Drug will be spending much of 2013 in search of more ways to enhance customers’ online and digital experiences as well as the in-store experience, according to vice president of merchandising and marketing Bill Baxley.