Royal Bank of Canada is launching a co-branded Mastercard with Shoppers Drug Mart (SDM). The launch of the new credit card extends a relationship between Canada’s largest bank and the 1,271-store drug chain that started with the launch of a co-branded debit card and bank account in March.
Walgreen Co. has issued $4 billion in senior notes to repay borrowings that were used to finance its acquisition of an equity stake in Alliance Boots GmbH. The notes were sold in five parts: $550 million of floating-rate notes due in 2014, $750 million of 1% notes due in 2015, $1 billion
When patients with chronic health conditions have lower out-of-pocket costs for medications, they are more likely to fill their prescriptions, a recent review of past studies shows.
Former PEN/Faulkner Foundation executive director Matthew Burriesci has joined the National Association of Chain Drug Stores Foundation as director of development. Burriesci began his new role late last month.
The National Retail Federation may go to court to block the proposed $7.25 billion settlement of a federal antitrust lawsuit over swipe fees charged by banks and credit card companies.
Three months have passed since Walgreens and Alliance Boots agreed to begin the process of merging their companies, their executive staffs and their considerable talents to create what will ultimately become the first truly global drug retailer/wholesaler.
Apparently, there’s a key change in advertising when a prescription drug goes over the counter.
CVS Caremark Corp. forecasts a strong finish to 2012, and its pharmacy business is looking forward to retaining new patients gained from the contract impasse between rivals Walgreen Co. and Express Scripts Inc.
As the presidential campaign season kicks into high gear, the National Association of Chain Drug Stores said its grassroots advocacy program, NACDS RxImpact, is "having a banner year" in giving lawmakers a firsthand look at the value of community pharmacy.
Procter & Gamble has rolled out Prilosec OTC Wildberry, which the company described as the first flavor-coated, 24-hour pill for the treatment of frequent heartburn.
Rite Aid Corp. trimmed its net loss, beating Wall Street’s forecast, but saw sales dip for its fiscal 2013 second quarter. Rite Aid said Thursday that revenue for the 13-week quarter ended Sept. 1 fell 0.6% to $6.2 billion from $6.3 billion a year earlier. The company attributed the decrease mainly
AstraZeneca has introduced Complete the Course, an education program to support patients taking its blood-thinning medication Brilinta.
Vichy Laboratoires’ LiftActiv Serum 10 has earned the Good Housekeeping Seal of Approval and been named a "Beauty Breakthrough" by Allure magazine.
The board of CVS Caremark Corp. has approved a new share repurchase program for up to $6 billion of the company’s outstanding common stock. The company said Wednesday that this new stock buyback program is slated to be completed over a multiyear period.
The Hershey Co. has opened the doors for what it calls "the world’s most technologically advanced chocolate making facility" that it said "positions the company for its next 100 years of global growth.
As food and drug retailers strive to promote health and wellness, Walmart is giving consumers some incentive to make better choices in the grocery aisles. The discount store giant and partner HumanaVitality, a subsidiary of health insurer Humana Inc.
