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Rite Aid gets NYSE share price noncompliance notice

Rite Aid gets NYSE share price noncompliance notice

The New York Stock Exchange (NYSE) has notified Rite Aid Corp. that it is no longer in compliance with continued listing standard rules because its stock price has fallen below the the exchange’s share price rule. The NYSE requires the average closing price of a listed company’s common stock to be

Prices boosted on hundreds of drugs

Prices boosted on hundreds of drugs

Drugmakers are increasing the price of hundreds of drugs by an average of more than 6%, according to a new analysis by Rx Savings Solutions. With pressure on the pharmaceutical industry to hold down prices mounting, many of the increases are relatively small.

Holiday sales said to be strongest in six years

Holiday sales said to be strongest in six years

Holiday sales increased 5.1% to $850 billion, according to the Mastercard SpendingPulse report, which characterized the season from November 1 through December 24 as retailers’ strongest holiday period in six years.

WBA names global executives

WBA names global executives

Walgreens Boots Alliance Inc. has announced three global leadership appointments. Vineet Mehra will be joining WBA as global chief marketing officer.  He will be based at corporate headquarters in Deerfield and report to WBA co-chief operating officers Ornella Barra and Alex Gourlay.

Walgreens earnings beat Wall Street projections

Walgreens earnings beat Wall Street projections

Walgreens Boots Alliance (WBA) on Thursday reported first quarter double-digit earnings growth for fiscal 2019 that beat analysts’ expectations, while revenue fell short of forecasts. The retailer’s revenue was $33.79 billion.

Rite Aid, McKesson continue partnership

Rite Aid, McKesson continue partnership

CAMP HILL, Pa. – Rite Aid Corp. and McKesson Corp.  announced an agreement to key terms that will continue the companies’ pharmaceutical sourcing and distribution partnership for an additional 10 years.

GSK, Pfizer create O-T-C giant

GSK, Pfizer create O-T-C giant

GlaxoSmithKline Plc and Pfizer Inc. have struck a deal that will create the largest over-the-counter drug company in the world. GSK paved the way for a split into two companies, agreeing to create the consumer-health joint venture with Pfizer.

Rite Aid names Mennen senior VP and CIO

Rite Aid names Mennen senior VP and CIO

Rite Aid Corp. announced today that Justin Mennen, a seasoned technology and digital leader with more than 20 years of technology leadership experience, has been named Rite Aid’s senior vice president and chief information officer.

Thrifty White and Emerlyn Technology to partner

Thrifty White and Emerlyn Technology to partner

PLYMOUTH, Minn. – Thrifty White Pharmacy announced today that the partnership between Thrifty White and SureCost, a central ordering application powered by Emerlyn Technology, will now be offered to Independent pharmacies through Thrifty White’s Affiliated Pharmacy Program.