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Rite Aid campaign takes aim at shingles

Rite Aid Corp. is launching a national vaccination and education campaign for shingles, a painful nerve disease that the pharmacy chain said strikes 1 million U.S. adults annually.

Walgreens to buy Snyders stores from Katz

Walgreens to buy Snyders stores from Katz

Walgreen Co. plans to acquire Snyders Drug Stores’ 25 company-owned stores in Minnesota from Katz Group North America. Under the agreement, announced Wednesday, Walgreens has agreed to buy the pharmacy business and certain other assets of the corporate-owned Snyders stores from Katz.

Pharmacy Outlook 2010: Industry readies for reform

Pharmacy Outlook 2010: Industry readies for reform

Pharmacy industry leaders say health care reform will form the backdrop of whatever course the sector takes in 2010. Indeed, as the Obama administration approaches the end of its first year in office, health care reform heads the president’s domestic agenda.

CVS Caremark boosts dividend

CVS Caremark Corp. is raising its quarterly dividend by 15%, citing its robust financials and positive growth outlook. The drug store and pharmacy benefit management company said Tuesday that its board of directors has approved a dividend of 8.

Jean Coutu generates 3Q revenue, earnings gains

Jean Coutu Group Inc. posted robust sales growth and improved earnings and operating results for its fiscal 2010 third quarter. The Canadian drug store retailer said sales in the quarter ended November 28 rose 9.3% to $678.1 million (Canadian) from $620.3 million a year earlier.

Fresh Harvest snack bars to be carried by Walgreens

Fresh Harvest Products Inc. plans to make its Wings of Nature organic snack bars available in Walgreens stores. The natural and organic food and beverage company said Tuesday that Walgreens stores are slated to begin selling the snack bars later this month, starting in the Orlando, Fla., region.

Gillette teams with music stars on digital documentary series

Procter & Gamble Co.’s Gillette shaving products brand is partnering with popular musicians to produce "Gillette UNCUT," a digital documentary film series. Shot by renowned music filmmaker/photographer Danny Clinch, the "Gillette UNCUT" films will give fans with a glimpse into the worlds of will.i.

Sanofi-aventis makes tender offer for Chattem

Sanofi-aventis has initiated its tender offer to buy all outstanding common shares of Chattem Inc. as part of its $1.9 billion deal to acquire the Chattanooga, Tenn.-based drug maker. The French pharmaceutical giant said Monday that the offer, at $93.

MinuteClinic earns reaccreditation from The Joint Commission

CVS Caremark Corp. said its MinuteClinic subsidiary has become the first retail clinic to be reaccredited and earn The Joint Commission’s Gold Seal of Approval for consecutive evaluation periods by demonstrating compliance with the commission’s national standards for health care quality and safety.

Supervalu names new merchandising chief

Steve Jungmann has been hired as executive vice president of merchandising at food and drug retailer Supervalu Inc. Jungmann fills the vacancy left by Duncan Mac Naughton, who resigned from Supervalu in late September and joined Wal-Mart Canada as chief marketing officer.

NACDS welcomes designation of flu vaccination week

The National Association of Chain Drug Stores has praised the Department of Health and Human Services (HHS) and the Centers for Disease Control and Prevention (CDC) for designating January 10 to 16 as National Influenza Vaccination Week.