Rite Aid Corp. reported decreased same-store sales for January, due in part to declined front-end business and the deflationary impact of new generic drugs. The drug chain said Thursday that for the four weeks ended Jan. 23, comparable-store sales in its retail pharmacy segment fell 1.
Walgreens Boots Alliance’s deal to acquire Rite Aid and partnership with Valeant Pharmaceuticals will build on WBA’s strong start in its first full year as a unified company, executive vice chairman and CEO Stefano Pessina said here at the annual shareholders meeting.
Walgreens Specialty Pharmacy LLC has renewed its full specialty pharmacy accreditation from URAC. Walgreens said Monday that the designation validates the quality of care it provides to patients with complex conditions through its specialty pharmacy services. URAC is a Washington, D.C.
Rexall has launched a medication synchronization program for 445 of its pharmacies across Canada. Called OneStopMeds, the med sync program is powered by Ateb’s Time My Meds solution.
The Centers for Medicare & Medicaid Services (CMS) has issued the Covered Outpatient Drugs final rule with comment, which the National Association of Chain Drug Stores said includes “significant changes” to Medicaid pharmacy reimbursement for generic drugs based on the average manufacturer price (AM
Rick Dreiling, chairman of Dollar General Corp., is stepping down from the board of directors. The dollar store chain said Thursday that Dreiling is resigning from the board effective Jan. 29. His resignation from the board coincides with his previously announced retirement as senior adviser.
London Drugs has rolled out new photo kiosks at all stores and launched a new Photolab website. The western Canada drug chain said Thursday the new touchscreen photo stations have been installed in the Photolab departments at its 78 stores in British Columbia, Alberta, Saskatchewan and Manitoba.
getting the most out of its continued movement away from a dispensing foundation toward a
Shoppers Drug Mart is building on an already strong beauty care offering with the addition of the Joe Fresh Beauty collection. Canada’s largest drug chain said Thursday that more than 150 Joe Fresh Beauty cosmetics products are now on shelves at 850 Shoppers Drug Mart and Pharmaprix nationwide.
A new program from Kmart aims to make it easier for uninsured or underinsured consumers to afford certain prescription drugs and other pharmacy products and services.
In shifting the management of its private-label offering, Chain Drug Consortium LLC (CDC) has changed its name to Pharmacy Value Alliance LLC. CDC said the Pharmacy Value Alliance banner better reflects the community pharmacy focus of its approximately one dozen regional drug chain members.
Care Pharmacies Cooperative Inc. has promoted Mark Ey to vice president of pharmacy operations. The pharmacy co-op said Monday that with the promotion, Ey will oversee all chain-level operational functions. He previously held the title of director of operations and support services.
Walgreens was presented with the Retail Innovator of the Year award by the National Retail Federation at the NRF Retail’s Big Show in New York City.
The Rite Aid Foundation is making a $2 million donation to The Fred Rogers Company, a nonprofit named after the late children’s television host that specializes in creating kids’ programming for public television.
CVS/pharmacy is relaunching the color cosmetics segment of the Nuance Salma Hayek brand with newly formulated and repackaged products. Plans call for the new Nuance Salma Hayek cosmetics to begin appearing in stores in March.
Walmart plans to close all of its Walmart Express small-format stores in the United States as part of a move to shut 269 stores worldwide. The retail giant said Friday that, after a review of the nearly 11,600 stores in its global portfolio, it aims to close 269 stores, including 154 U.S.
