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.
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.
The American Pharmacists Association (APhA) next month plans to present its Immunization Champion Award to Rite Aid Corp. in recognition of the drug chain’s comprehensive vaccination program.
Winn-Dixie Stores Inc. is touting its food and drug stores as a destination for consumers looking to maintain or improve their heart health.
CVS/pharmacy has launched of Project Health, a wellness program aimed at providing over $21 million of free health screenings to multicultural communities.
Food and drug retailer Safeway Inc. is joining the Diabetes Prevention and Control Alliance (DPCA), formed by UnitedHealth Group in tandem with the YMCA and retail pharmacy operators.
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.
Kinney Drugs Inc. has promoted a pair of managers and shifted the roles and duties of other staff as part of a strategic realignment of its merchandising department.
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.
Reps. Mike Ross (D., Ala.) and Cathy McMorris Rodgers (R., Wash.) have called on fellow members of the House of Representatives to support their legislation to enhance the accessibility of pharmacist-administered medication therapy management (MTM) services.
Duane Reade’s flagship store at 40 Wall Street in Manhattan took first place in the convenience store/pharmacy category at the Retail Design Institute’s 41st annual international awards program.
Maybelline New York has announced its lineup of sponsorships and initiatives for Mercedes-Benz Fashion Week in New York.
Eyewear designer and marketer Zoom Eyeworks Inc. has appointed Harry Cameau as senior director of logistics and operations. The company said Monday that Cameau will oversee its 50,000-square-foot distribution center in Hollister, Calif., which serves some of the nation’s largest retailers.
Red Carpet Manicure LLC said its Red Carpet Manicure at-home gel manicure system will be showcased at the Grammy Awards gift lounge in Los Angeles later this week. Red Carpet Manicure’s AMOR 24 gold nail polish.
With some critical issues at hand for community pharmacy, leaders of the National Association of Chain Drug Stores are calling on industry members to speak up for the profession by participating NACDS RxIMPACT Day on Capitol Hill, its annual grassroots public policy initiative.
The National Association of Chain Drug Stores and the National Community Pharmacists Association commended Sen. Herb Kohl (D., Wis.) for highlighting concerns about the planned merger of pharmacy benefit managers Express Scripts Inc. and Medco Health Solutions Inc.
