A rebound in front-end business and strong pharmacy sales fueled a solid same-store sales gain at Walgreen Co. in September. The drug store chain said Friday that sales in comparable stores rose 5.3% for the month, more than doubling the 1.9% uptick in August and the 2% increase in July.
Walgreen Co. on Thursday celebrated hitting the 7,000-store mark nationwide with the grand opening of a new location in Brooklyn, New York.
Drugstore.com this week launched SexualWellBeing.com, an online store offering sexual health products.
CVS Caremark Corp. on Thursday started distributing vouchers for free seasonal flu shots to the unemployed, kicking off the effort in Boston.
Same-store sales tailed off in September at Rite Aid Corp. but improved compared with the previous month’s results. For the four weeks ended September 26, Rite Aid’s same-store sales fell 0.3%, marking the drug store chain’s fourth consecutive month of same-store declines.
Rite Aid Corp. this week began its annual campaign to help diabetes patients better manage the disease.
Pharmacy industry groups are suing the states of California, New York and Washington, claiming they have made unlawful cuts in Medicaid and have failed to ensure patient access to care and the quality of care.
Walgreen Co. has been taking a more measured approach as it extends the reach of its store network, focusing mainly on organic growth, improved efficiency and greater customer appeal.
Rite Aid Corp. plans to open several in-store health clinics in Maryland and Delaware through a partnership with a local hospital.
Former Supervalu Inc. executive Duncan Mac Naughton has joined Wal-Mart Canada Inc., Chain Drug Review has learned. Mac Naughton is slated to serve as chief marketing officer at the Canadian arm of the discount retail giant, according to industry sources.
CVS Caremark Corp. has expanded its partnership with Microsoft HealthVault to allow retail pharmacy customers to download prescription histories. The drug store chain said Tuesday that by visiting CVS.
Walgreen Co. has kicked off a program to deliver 90-day prescriptions for maintenance and chronic care medications through its retail pharmacies and worksite centers.
Fueled by a robust sales gain, Walgreen Co. bested Wall Street analysts’ profit projections for its fiscal fourth quarter but saw earnings slip year over year. The drug store chain said Tuesday that sales for the quarter ended August 31 climbed 7.6% to $15.7 billion from $14.
These days, everywhere community pharmacy operators turn there seems to be a new challenge. But in a roundtable discussion held by Chain Drug Review, industry executives indicated that they’re more than up to the task.
Following a court ruling earlier this month that lets insurers reduce the rate at which they reimburse pharmacies for filling prescriptions, industry advocates have appealed to federal regulators for help.
Imminent deadlines for accreditation and bonding to provide durable medical equipment threatens pharmacies’ ability to care for Medicare patients with diabetes, say pharmacy advocates.
