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Walgreens, Alliance Boots get to work

Three months have passed since Walgreens and Alliance Boots agreed to begin the process of merging their companies, their executive staffs and their considerable talents to create what will ultimately become the first truly global drug retailer/wholesaler.

CVS has upbeat outlook for pharmacy business

CVS has upbeat outlook for pharmacy business

CVS Caremark Corp. forecasts a strong finish to 2012, and its pharmacy business is looking forward to retaining new patients gained from the contract impasse between rivals Walgreen Co. and Express Scripts Inc.

NACDS pharmacy tours have impact with lawmakers

As the presidential campaign season kicks into high gear, the National Association of Chain Drug Stores said its grassroots advocacy program, NACDS RxImpact, is "having a banner year" in giving lawmakers a firsthand look at the value of community pharmacy.

Rite Aid reduces net loss in second quarter

Rite Aid reduces net loss in second quarter

Rite Aid Corp. trimmed its net loss, beating Wall Street’s forecast, but saw sales dip for its fiscal 2013 second quarter. Rite Aid said Thursday that revenue for the 13-week quarter ended Sept. 1 fell 0.6% to $6.2 billion from $6.3 billion a year earlier. The company attributed the decrease mainly

CVS Caremark OK’s $6 billion stock buyback program

The board of CVS Caremark Corp. has approved a new share repurchase program for up to $6 billion of the company’s outstanding common stock. The company said Wednesday that this new stock buyback program is slated to be completed over a multiyear period.

Hershey opens modernized plant

The Hershey Co. has opened the doors for what it calls "the world’s most technologically advanced chocolate making facility" that it said "positions the company for its next 100 years of global growth.

Walmart incentivizes healthier food purchases

As food and drug retailers strive to promote health and wellness, Walmart is giving consumers some incentive to make better choices in the grocery aisles. The discount store giant and partner HumanaVitality, a subsidiary of health insurer Humana Inc.

WoundSeal goes over the counter

WoundSeal, a topical powder designed to stop bleeding instantly for the more than 50 million seniors on blood thinners, is now available over the counter.