Store closings and weak same-store sales led to a revenue decline for Rite Aid Corp. in its fiscal 2010 fourth quarter, with the drug store chain also falling short of Wall Street’s earnings estimate. The company said Wednesday that total sales for the fourth quarter ended Feb. 27 fell 3.6% to
Rite Aid Corp. saw its same-store sales improve but still come in flat during March. The drug store chain said Wednesday that for the four weeks ended March 27, same-store sales dipped 0.1% from a year earlier. That represented a sizable improvement from recent months. The company reported a 3.
Nutra Pharma Corp.’s Cobroxin over-the-counter pain reliever for moderate to severe chronic pain is now on shelves at more than 7,000 CVS drug stores nationwide.
Colgate-Palmolive has expanded its namesake toothpaste line with Colgate PROCLINICAL, which the company bills as a "professionally inspired" daily toothpaste formulated with clinically proven technologies.
Supervalu Inc. has agreed to sell six bigg’s supermarkets and their pharmacies in the greater Cincinnati area to local grocery chain Remke Markets. Four of the stores being sold are in Cincinnati, and the other two are in Hyde Park and Mason, Ohio.
CVS Caremark Corp. has been granted specialty pharmacy accreditation from health care quality standards body URAC.
Walgreen Co. has received regulatory clearance from the Federal Trade Commission to complete its planned acquisition of Duane Reade Holdings Inc. Walgreens said Tuesday that it expects to close the acquisition of the metropolitan New York drug store chain in early to mid-April.
GlaxoSmithKline has launched the GSK Vaccines Access Program, which aims to provide the company’s adult vaccines free to eligible, low-income individuals who lack insurance coverage for immunizations.
Rite Aid Corp. has teamed up with the American Academy of Allergy, Asthma & Immunology (AAAAI) to provide free allergy guides to help allergy sufferers this spring.
BioScrip Inc. has completed its agreement to acquire Critical Homecare Solutions (CHS), a provider of home infusion and home nursing products and services to patients suffering from chronic and acute medical conditions.
Kinney Drugs has made staff changes in its merchandising department that it said are part of long-term plans to ensure the necessary leadership is in place to support the retailer’s continued growth.
MinuteClinic Inc., the in-store health clinic subsidiary of CVS Caremark Corp., has appointed Nancy Gagliano, M.D., as its new chief medical officer. CVS Caremark said Thursday that Gagliano, who joins the company from Massachusetts General Hospital, will start in the new post in May.
Colgate-Palmolive has rolled out Speed Stick Stainguard and Lady Speed Stick Stainguard antiperspirant deodorants, which feature Stain Defense technology.
Dollar General has begun selling Rexall health care products and said it will be the exclusive retailer of the brand. The deep discount chain said Wednesday that Rexall vitamins and supplements are now available at its stores and that a full line of Rexall products will be on its shelves this fall.
Kansas plans to become the fifth state to implement the National Precursor Log Exchange (NPLEx), an electronic tracking system to prevent the illegal purchase of medications containing pseudoephedrine, according to the Consumer Healthcare Products Association.
Bruce Roberts, executive vice president and chief executive officer of the National Community Pharmacists Association, plans to step down from the post this summer to join prescription benefit facilitator BeneCard PBF. NCPA said Wednesday that plans call for Roberts to depart June 25.
