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CDR

Indianapolis stores revamped by Walgreens

Walgreen Co. president and chief executive officer Greg Wasson was joined by former Indianapolis Colts head coach Tony Dungy, Sen. Richard Lugar (R., Ind.) and community leaders at a ceremony marking the grand reopening of Walgreens’ newly renovated stores in the Indianapolis market.

CVS launches mobile Rx text notifications

CVS/pharmacy customers can now get text messages notifying them when their prescription is ready for pickup through a new service called Order Ready Text Messaging. Customers can sign up to receive text messages by speaking to a pharmacy staff member at their local CVS store.

Momentous year for drug chains begins to unfold

This year promises to be a pivotal one for the chain drug business, as issues of industrywide significance are decided even as individual companies strive to fortify and improve their position in an intensely competitive sector where the pace of change is steadily accelerating.

Shoppers Drug Mart ends fiscal year on strong note

Shoppers Drug Mart ends fiscal year on strong note

Despite a challenging environment for retail pharmacy and consumer spending, Shoppers Drug Mart Corp. posted healthy sales and earnings gains for its fiscal 2011 fourth quarter and full year. Canada’s largest drug chain said Thursday that for the fourth quarter ended Dec. 31, total revenue rose 4.

NACDS primes industry for Total Store Expo

At its Regional Chain Conference here this week, the National Association of Chain Drug Stores turned the industry’s eyes toward its upcoming Total Store Expo, a new event announced last year that melds three key NACDS trade shows.

CVS ups guidance due to Walgreens PBM scrap

CVS ups guidance due to Walgreens PBM scrap

Fourth-quarter revenue at CVS Caremark Corp. surged by double digits, lifted by a major pharmacy benefit management contract, and management raised its first-quarter earnings guidance to reflect potential sales gains from the dispute between Walgreen Co. and Express Scripts Inc.