Retail sales in January were generally mixed, and the leading drug chains’ fortunes — notably Walgreen Co. — varied widely. Overall, chain drug store sales improved a modest 2.3% to $18.17 billion during January, while same-store sales edged up just 0.5%.
January sales figures underlined the impact of Walgreen Co.’s loss of Express Scripts Inc.’s prescription business, but the numbers did not dismay all analysts.
Rite Aid Corp. and a CVS/pharmacy pharmacist and a CVS pharmacy technician are among the winners of the American Pharmacists Association’s 2012 APhA Immunization Champion Awards. The awards will be presented at the APhA Annual Meeting and Exposition in New Orleans, March 9 through March 12.
The Centers for Medicare and Medicaid Services (CMS) should stop publishing draft federal upper limit (FUL) lists based on average manufacturer price (AMP) until a formal rule-making process on AMP is completed, says the National Association of Chain Drug Stores.
Regional chain Kinney Drugs has revamped its merchandising department.
With its top-line and operating results on the upswing, Rite Aid Corp. has moved to refinance debt. The drug chain this month announced a plan to issue $481 million in senior unsecured notes due in 2020 to help fund a tender offer to buy $459 million of its 8.625% senior notes
Walgreen Co. has relaunched its weekly circular, giving the Sunday promotional piece a new look and tying it into the retailer’s online and mobile platforms.
MinuteClinic entered into a clinical affiliation with HCA’s TriStar Health, the largest health system in middle Tennessee. The CVS Caremark retail health clinic subsidiary said Friday that the partnership will enhance access to affordable health care services in the Nashville metropolitan area.
A year after launch, Walgreen Co. said its 90-day refill at retail program is catching on. Under the program, which rolled out in January 2011, Walgreens informed eligible patients about the option to get 90-day medication supplies from their local Walgreens retail pharmacy.
National Association of Chain Drug Stores chairman Bob Loeffler told attendees at the NACDS Regional Chain Conference that retailers and suppliers alike will benefit from next year’s inaugural NACDS Total Store Expo. The expo is scheduled for August 10 to 13, 2013, at the Sands Expo in Las Vegas.
The Chain Drug Marketing Association’s (CDMA’s) 86th Annual Trade Expo here last month attracted a record-breaking number of attendees, the group says.
Ending a 40-year career in retailing that has been as impressive in its diversity as it has been stunning in its achievements, Andy Giancamilli has stepped down as chief executive officer of Mississauga, Ontario-based Katz Drug.
As the Federal Trade Commission ponders the potential ramifications of a $29 billion merger between Express Scripts and Medco Health Solutions, it confronts a number of weighty issues.
Mitchell-Vance Laboratories has landed retail distribution for its ScarAway Silicone Scar Sheets with food and drug retail giant Kroger Co. The scar care company said plans call for the product to roll out to all Kroger and Kroger-owned stores nationwide on April 1.
A new CVS Caremark Corp. study found that doctors didn’t adhere to the American Diabetes Association/European Association for the Study of Diabetes consensus guidelines for recommended treatment in 35% of cases involving over 250,000 newly diagnosed diabetes patients.
This fall, London Drugs is slated to go live with a redesigned online store.
