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Fred’s posts 3Q loss, plans to close 40 stores

Fred’s posts 3Q loss, plans to close 40 stores

In reporting a net loss for its fiscal 2016 third quarter, Fred’s Inc. said it plans to shut 40 underperforming stores in the first half of next year. Fred’s also announced at the start of its earnings call Thursday that it wouldn’t take any questions from analysts following its quarterly report —

Rite Aid, CVS offer flu shot incentives

Rite Aid, CVS offer flu shot incentives

In support of National Influenza Vaccination Week, Rite Aid and CVS Pharmacy are giving consumers more reasons to come to their pharmacies for a flu shot. Rite Aid is offering customers $5 off the cash price of a flu vaccination through Dec. 17. The standard trivalent flu shot costs $27.99 and the

NACDS welcomes Trump’s HHS, CMS nominees

NACDS welcomes Trump’s HHS, CMS nominees

The National Association of Chain Drug Stores said it’s ready to work with President-elect Donald Trump’s nominees to lead the U.S. Department of Health and Human Services (HHS) and the Centers for Medicare & Medicaid Services (CMS). Trump on Tuesday named U.S. Rep. Tom Price (R., Ga.

McKesson Canada names new president

McKesson Canada names new president

McKesson Canada has promoted pharmaceutical distribution chief Paula Keays to president. Keays, senior vice president of pharmaceutical distribution and operations, takes the reins as president effective immediately, McKesson Canada said Monday.