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AmerisourceBergen to sell packaging unit

AmerisourceBergen Corp. has agreed to sell AndersonBrecon, its contract packaging business, to affiliates of an investor group led by Frazier Healthcare VI, LP for $308 million. The transaction is expected to close by July.

NACDS Annual Meeting is the place to be

Once again, the National Association of Chain Drug Stores Annual Meeting, the seminal event in the mass retailing calendar, is upon us. Some 2,000 retail and supplier executives are now gathered in Palm Beach, Fla.

Understanding the deal-sensitive O-T-C consumer

or perhaps because of it — there seem to be an inordinately high number of aspiring futurists out there. Industry pundits breathlessly trot out the latest trend for such concepts as shopper marketing, digital marketing, loyalty card analytics, big data and

Kinney Drugs winds down rollout of new format

This year, Kinney Drugs expects to wrap up a long-term migration to a new store design across its 95 locations in upstate New York and Vermont. The regional drug chain began revamping its drug stores more than five years ago to better cater to its primary shopper: women ages 35 and older.

NACDS gives take on 2014 U.S. budget proposal

With congressional committee hearings now focusing on the Obama administration’s 2014 budget proposal, the National Association of Chain Drug Stores reiterated to lawmakers the value that community pharmacy brings to the nation’s health care system.

The Top 10 Chain Drug Store Retailers

The Top 10 Chain Drug Store Retailers

The leading chain drug retailers upheld their position in the industry last year as ranked by key financial measures. Walgreen Co. again was at the top in sales ($71.63 billion), followed by CVS Caremark Corp. ($63.65 billion, retail pharmacy sales only), Rite Aid Corp. ($25.

Discount Drug Mart plans new stores

New stores are on the way from Discount Drug Mart as the regional drug chain comes off a very good fiscal year. The retailer premiered its 71st unit in March 2012 and plans to add two more this fiscal year. Two other outlets were expanded and remodeled, and next month will see