CVS Caremark Corp. has made its second key market entry in the past two weeks, opening its first drug store in Memphis, Tenn. The pharmacy chain, which opened its first St. Louis stores late last month, said Wednesday the new Memphis CVS/pharmacy is located at 9861 Highway 64. At the grand opening
Home Diagnostics Inc. (HDI), a maker of diabetes testing products, has entered an agreement to be acquired by medical device manufacturer Nipro Corp. in a deal valued at about $215 million.
Continuing its strategy to build one-stop shopping destinations for key categories, drugstore.com has launched an online store for men’s health and grooming products. Called AtHisBest.
Retail pharmacy groups applauded the Obama administration’s plan, as part of its proposed fiscal 2011 budget, to extend the temporary hike in federal Medicaid assistance to the states.
Rite Aid Corp. said customers and associates nationwide have donated more than $765,000 to the American Red Cross International Response Fund to help the victims, families and communities affected by the earthquake in Haiti.
Impacted by calendar day shifts, same-store sales at Walgreen Co. decreased for the second straight month in January. Though overall sales were up, the drug store chain said Wednesday that comparable-store sales fell 1.1% year over year in January, which also is down from a 0.
The Consumer Healthcare Products Association (CHPA) is urging Mississippi residents to contact state lawmakers to express their opposition to a bill that would change over-the-counter cold and allergy remedies containing pseudoephedrine to prescription drugs.
Walgreen Co. has introduced a new program called Community Corner that aims to highlight the successes of minority-owned businesses.
The National Association of Chain Drug Stores Foundation announced a double-digit increase in dollars awarded last year for the Pharmacy Student Scholarship Program.
Rite Aid Corp. has shifted the responsibilities for one vice president and added duties for another in its latest executive maneuvers. The pharmacy chain said Monday that Chris Hall has been named senior vice president of pharmacy business development.
Walgreen Co. has completed the acquisition of the assets of 12 Eaton Apothecary pharmacies in the Boston area from D.A.W. Inc. The drug store chain had announced the agreement with D.A.W., a subsidiary of Nyer Medical Group Inc., in late October. The transaction was valued at about $19 million.
The editors of Chain Drug Review have named Tom Ryan, chairman, president and chief executive officer of CVS Caremark Corp., the publication’s Chain Drug Retailer of the Decade. The choice was not a difficult one to make.
The editors of Chain Drug Review have named Tom Ryan, chairman, president and chief executive officer of CVS Caremark Corp., the publication’s Chain Drug Retailer of the Decade. The choice was not a difficult one to make.
Walgreen Co. is poised to emerge from the economic downturn stronger than ever, its executives told investors at the company’s annual meeting last month.
Following a pattern of augmenting its presence in important markets through the acquisition of strong regional drug chains, Walgreen Co. has agreed to purchase the pharmacy business and other assets of 25 Snyders Drug Stores locations in Minnesota.
Bryan Shirtliff has been named senior vice president of business development at Rite Aid Corp., a new position. Shirtliff, who joined Rite Aid in 1998, had been senior vice president of category management.
