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Fruth Pharmacy set to hold annual Baby Face Event

Fruth Pharmacy set to hold annual Baby Face Event

To help raise money for local baby charities, Fruth Pharmacy plans to hold its 3rd Annual Baby Face Event on March 24. At the Fruth Pharmacy Baby Face Event, the retailer will be looking for four babies to be the “baby face” for the company’s advertising during the next year. To

Store-brand sales surge in mass retail arena

Store-brand sales surge in mass retail arena

Store-brand sales growth in the mass retail channel approached 10% last year, according to new Nielsen data reported by the Private Label Manufacturers Association (PLMA). In 2017, private-label dollar sales at mass merchant, warehouse club and dollar stores totaled $54.9 billion, up 9.3% from $50.

Albertsons-Rite Aid to create wellness powerhouse

Albertsons-Rite Aid to create wellness powerhouse

The Albertsons Cos. merger with Rite Aid Corp. will create a “truly differentiated” player in the food, health and wellness space, John Standley, chairman and chief executive officer of Rite Aid, said in an interview with Chain Drug Review.

Walmart closes out fiscal 2018 on strong note

Walmart closes out fiscal 2018 on strong note

Walmart saw sales rise for its 2018 fourth quarter and fiscal year, fueled by gains across its key divisions as well as robust e-commerce growth. Walmart on Tuesday reported $136.3 billion in revenue in its fourth quarter, an increase of 4.1% from a year earlier.

CVS, Walmart make list of 50 Most Innovative Companies

CVS, Walmart make list of 50 Most Innovative Companies

CVS Health and Walmart have been named to the 2018 Fast Company 50 Most Innovative Companies list. On this year’s 50 Most Innovative Companies listing, CVS finished in the top 10, coming in at No. 7 for “cleaning up the aisles,” Fast Company said. CVS had last made the list in 2016,

Albertsons Cos., Rite Aid to merge

Albertsons Cos., Rite Aid to merge

Albertsons Cos. plans to merge with Rite Aid Corp. in a deal that will take the supermarket retailer public. Albertsons Cos. and Rite Aid said Tuesday that the combined company will generate pro forma revenue of about $83 billion and operate about 4,900 stores, 4,350 pharmacy locations and

Rite Aid stocks up to help battle the flu

Rite Aid stocks up to help battle the flu

As flu cases mount in one of the most severe U.S. flu seasons in the past decade, Rite Aid Corp. is ensuring that its pharmacies are well-prepared. Rite Aid said Monday that its pharmacies are stocked with flu shots, which are available on a walk-in basis at all locations, as well

Trump makes cutting high drug prices a priority

Trump makes cutting high drug prices a priority

In his first State of the Union speech, President Donald Trump renewed his pledge to reduce prescription drug prices, days after a former big pharma executive was sworn in as Secretary of Health and Human Services.

Rite Aid passes halfway mark in sale of stores to WBA

Rite Aid passes halfway mark in sale of stores to WBA

Rite Aid Corp. has completed the transfer of more than half of the stores it agreed to sell to Walgreens Boots Alliance last fall. Rite Aid said that, as of Feb. 8, it has transferred ownership of 1,114 stores and related assets to Walgreens Boots Alliance for cash proceeds of $2.424 billion.

Rexall makes no-Rx naloxone available chainwide

Rexall makes no-Rx naloxone available chainwide

Rexall has rolled out naloxone kits to all 446 of its drug stores across Canada. The drug chain, part of McKesson Canada, said the opioid overdose antidote is available to patients without a prescription.