AmerisourceBergen Corp. has agreed to sell AndersonBrecon, its contract packaging business, to affiliates of an investor group led by Frazier Healthcare VI, LP for $308 million. The transaction is expected to close by July.
Once again, the National Association of Chain Drug Stores Annual Meeting, the seminal event in the mass retailing calendar, is upon us. Some 2,000 retail and supplier executives are now gathered in Palm Beach, Fla.
Members of the National Association of Chain Drug Stores have many reasons to be satisfied as the organization marks its 80th year.
or perhaps because of it — there seem to be an inordinately high number of aspiring futurists out there. Industry pundits breathlessly trot out the latest trend for such concepts as shopper marketing, digital marketing, loyalty card analytics, big data and
It’s been said that if you don’t know where you are going, any road will take you there. Change the word “road” to “aisle” and you have the retail world’s equivalent of the familiar adage.
A new solution from Wolters Kluwer Health is aimed at helping retail pharmacies cut down on the time spent dealing with insurance issues.
The Hershey Co. plans to implement a more user-friendly food labeling system across its U.S. product portfolio.
Actress Sofia Vergara is helping to raise awareness about the importance of diagnosing and treating hypothyroidism — and adhering to prescribed medications — through a new campaign sponsored by AbbVie.
This year, Kinney Drugs expects to wrap up a long-term migration to a new store design across its 95 locations in upstate New York and Vermont. The regional drug chain began revamping its drug stores more than five years ago to better cater to its primary shopper: women ages 35 and older.
With congressional committee hearings now focusing on the Obama administration’s 2014 budget proposal, the National Association of Chain Drug Stores reiterated to lawmakers the value that community pharmacy brings to the nation’s health care system.
The leading chain drug retailers upheld their position in the industry last year as ranked by key financial measures. Walgreen Co. again was at the top in sales ($71.63 billion), followed by CVS Caremark Corp. ($63.65 billion, retail pharmacy sales only), Rite Aid Corp. ($25.
New stores are on the way from Discount Drug Mart as the regional drug chain comes off a very good fiscal year. The retailer premiered its 71st unit in March 2012 and plans to add two more this fiscal year. Two other outlets were expanded and remodeled, and next month will see
Coca-Cola Co. has added a no-caffeine product to its Coke Zero soft drink line. The beverage giant said Wednesday that the new Caffeine Free Coke Zero, which has no calories, gives consumers "a great-tasting option for later-in-the-day consumption.
Canada’s pharmacy community can cut the nation’s health care costs by up to to $11 billion (Canadian) over three years by bringing more cost-effective care to more people, according to a new report.
The Jean Coutu Group has sold over 40% of its shares in Rite Aid Corp., reducing its equity stake in the U.S. drug chain. Jean Coutu said late Tuesday that it completed the sale of 72,500,000 of its 178,401,162 Rite Aid common shares an average price of $2.20 (U.S.) per share, for total
Initiatives by London Drugs to rein in the amount of waste produced by the company and its customers are paying off. The western Canada drug chain said Tuesday that more than 74% of the company’s waste is now recycled or repurposed instead of going to a landfill. London Drugs noted that,
