With weak front-end business and near-flat pharmacy sales, Rite Aid Corp. saw same-store revenue dip in October. The drug store chain said Thursday that same-store sales fell 0.5% year over year for the four weeks ended October 24.
Duane Reade Inc. has staked its claim to the luxury beauty market. The drug chain’s just-opened 24-hour store in Manhattan’s Herald Square features its new Look Boutique with prestige brands in high-end displays.
Walgreen Co. has become an oasis in the “food desert” here. The chain has bulked up its food offerings in two Chicago stores to meet the needs of residents underserved by grocers, and it plans to do the same in nine other outlets in the city, mostly on the south side. If the
As drug chains across North America continue to evolve, many are exploring new ways to expand their business going forward. At the Katz Group’s Rexall chain, that has meant putting a greater emphasis on health care and delivering cost-effective solutions for businesses.
Wal-Mart Stores Inc. has given its health and beauty aids business a major boost by making the products available through its web site, Walmart.com. The site has become the country’s second-busiest retail site, trailing only Amazon.
The National Association of Chain Drug Stores has sent a letter to Senate leaders voicing strong opposition to legislation that would permit personal and commercial importation of prescription drugs. According to NACDS, the Pharmaceutical Market Access and Drug Safety Act of 2009 (S.
Rite Aid Corp. has promoted retail pharmacy veteran Dan Miller to senior vice president of pharmacy. Filling Miller’s former post as vice president of pharmacy operations is Karen Staniforth, who was promoted from regional pharmacy vice president.
CVS Caremark Corp. has added interactive and mobile features to its web site. A spokesman says the new features enhance the user experience by providing instant access to prescription management tools, important health information and customer savings. The creation of CVS.com Mobile (m.cvs.
Steve Anderson, president and chief executive officer of the National Association of Chain Drug Stores, has praised President Obama for signing into law legislation that extends durable medical equipment (DME) accreditation.
Walgreen Co. has agreed to buy 12 Eaton Apothecary pharmacies in the Boston area from D.A.W. Inc. for about $19 million. The deal is slated to close within 90 days, according to Walgreens.
The first registration materials for the 2010 National Association of Chain Drug Stores Annual Meeting came in the mail last week.
Tom Ryan brings his customary concentration of thought and clarity of purpose to the issue of health care reform in an op-ed piece that recently appeared in The Washington Times.
Winn-Dixie Stores Inc. is answering consumers’ call for affordable health care while taking a novel approach to prepaid cards.
Dave Van Howe is the latest executive to part ways with Walgreen Co. The vice president of purchasing is leaving the drug store chain at the end of the year to pursue other interests. Walgreens said Wednesday that Van Howe’s duties will be transitioned to several other individuals in the company.
CVS Caremark Corp. is rewarding loyalty card customers who use new environmentally friendly shopping bags instead of single-use plastic bags.
