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CDR

Walgreens sees a rebound in same-store sales

Helped by calendar day shifts and solid pharmacy business, Walgreen Co. turned in a comparable-store sales gain in November after experiencing a decrease the previous month. The drug chain said Friday that same-store sales for November (excluding the acquired Duane Reade stores) rose 3.2%.

Same-store sales down at Rite Aid in November

Rite Aid Corp. saw same-store sales slip in November versus a year ago, as soft cold and flu-related business continued to affect results. The drug store chain said Thursday that for the five weeks ended Nov. 27, overall same-store sales fell 1.3%. That was better than the 1.7% decrease recorded in

BioScrip appoints new CFO

David Froesel has been named executive vice president, chief financial officer and treasurer at BioScrip Inc. The pharmacy services company said Wednesday that Froesel takes over the CFO post effective immediately.

Ad campaign upcoming for PediaCare

VIA Group has partnered with Prestige Brands Holdings Inc. to launch an integrated marketing and promotional campaign for the PediaCare line of over-the-counter children’s remedies.

Merck tabs Frazier to succeed Clark as CEO

Merck & Co. president Kenneth Frazier has been named chief executive officer, succeeding current CEO Richard Clark, who will continue as chairman. The pharmaceutical giant said Tuesday that Frazier, 55, will take the CEO reins effective Jan. 1. He also will become a member of the company’s board.