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Rite Aid gauges sales impact of Hurricane Sandy

Rite Aid Corp. said consumer preparations for Hurricane Sandy gave a lift to same-store results in October but reported that the storm will negatively impact comparable-store sales for November. The drug chain said Thursday that for the four weeks ended Oct. 27, same-store sales fell 1.

Walgreens, Alliance Boots form joint venture

Walgreen Co. and Alliance Boots have set up a joint venture company as part of their strategic partnership. Walgreens said Tuesday that the new company, Walgreens Boots Alliance Development GmbH, was created for the partners’ synergy program. The joint venture is based in Bern, Switzerland.

The Top 100 Drug Store Markets

The Top 100 Drug Store Markets

In the battle for market share among chain drug retailers, store formats are pre-empting numbers. Rather than seeking to dominate metropolitan areas by saturating them with new stores, drug chains are seeking to draw shoppers with distinctive retail concepts. Walgreen Co.

Watson releases Actos generic

Watson Pharmaceuticals Inc. has begun shipping pioglitazone hydrochloride tablets (15mg, 30mg and 45mg), a diabetes medication. Watson said it released the product, a generic version of Mylan’s Actos, after receiving final approval Friday from the Food and Drug Administration.

ATF offers reward for string of pharmacy holdups

The Philadelphia division of the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) has announced a reward for information on armed robberies of 13 pharmacies, mostly chain drug stores, in the Philadelphia area.

NYC mayor Mike Bloomberg gets flu shot at Duane Reade

New York City Mayor Mike Bloomberg and Health Commissioner Tom Farley got their seasonal flu shots in Duane Reade’s pharmacy at 100 Broadway in Manhattan. Bloomberg received his flu shot at Duane Reade’s new store at 100 Broadway in Manhattan. The Walgreen Co.