New stores gave a boost to sales at Duane Reade in the 2009 fourth quarter, while charges connected with its pending acquisition by Walgreen Co. contributed to a bigger net loss. The drug store chain said Tuesday that retail store sales, which exclude pharmacy resale activity, rose 5.
CVS Caremark Corp. has been named the most-admired company in the food and drug store industry by Fortune magazine. The drug store chain and pharmacy benefit manager said Monday that the honor is part of the publication’s annual listing of the "World’s Most Admired Companies.
Johnson & Johnson executive Renee Selman is joining Catalina Marketing Corp. as president of its Catalina Health Resource health care division.
Missouri is slated to become the fourth state to require drug stores and other retailers to submit purchases of over-the-counter cold and allergy medicine containing pseudoephedrine to the National Precursor Log Exchange (NPLEx) real-time tracking system. Louisville, Ky.
Sandoz has named Don DeGolyer as president of its U.S. operations and head of commercial operations for North America. The drug maker, a division of pharmaceutical giant Novartis, said Monday that DeGolyer is slated to assume the role fully on April 1 after a transition period.
A group of 17 health care organizations, including pharmacy chains and associations, have asked the Food and Drug Administration to consider the impact local pharmacists can have on ensuring patients use medicine safely and effectively as the agency evaluates Risk Evaluation and Mitigation Strategie
A new brand is set to debut in the home health care category from Atico International USA Inc.
Can-Am Care is launching a line of finger bandages that incorporate a built-in antiseptic proven to kill antibiotic-resistant bacteria.
Walgreen Co. has obtained much more than market share with its acquisition of Duane Reade.
Walgreens’ acquisition of Duane Reade is the latest move in the century-old company’s ongoing effort to redefine itself.
Duane Reade would have been much less attractive to a buyer just a year ago. But the past 12 months have seen the rollout of new and remodeled drug stores that bear little resemblance to the chain’s drab older units. THE WALGREENS/ DUANE READE DEAL New and renovated outlets sport an updated
Walgreen Co. grew from about 1,300 outlets in 1986 to more than 4,000 in 2003, all without making any major acquisitions. THE WALGREENS/ DUANE READE DEAL Before that Walgreens had used the purchase of small and midsize drug store chains as part of its growth strategy.
Although the battle is far from over, the National Association of Chain Drug Stores won a number of significant victories last year, its leaders told the several hundred executives gathered at the association’s Regional Chain Conference here last month.
CVS Caremark Corp. opened two stores on this Caribbean island last month, marking the first of what it says will be nine drug stores in yet another new market for the company. The two units — one here in this San Juan suburb and one in San Juan itself — officially
While negotiations over pharmacy reimbursement rates continue, Walgreen Co. has delayed its plan to stop filling Medicaid prescriptions at more than half of its stores in Washington state.
Kerr Drug Inc.’s Kerr Health subsidiary has launched a web site designed to communicate the health care services provider’s offerings to doctors, patients, caregivers and employers. The new site, www.kerrhealth.
