Skip to content

Retail News

Cardinal Health honors community Rx innovation

Cardinal Health honors community Rx innovation

Cardinal Health Inc. recognized the patient care and performance achievements of three community pharmacies at its Retail Business Conference (RBC) event this week in Las Vegas. Cardinal on Friday said that Medicine Shoppe Pharmacy in Whiting, N.J.

Sales edge up in 2Q at Shoppers Drug Mart

Sales edge up in 2Q at Shoppers Drug Mart

Shoppers Drug Mart saw revenue and same-store sales climb in the fiscal 2015 second quarter at parent Loblaw Cos. Loblaw said Thursday that for the 12 weeks ended June 20, Shoppers Drug Mart’s sales totaled $2.689 billion, up 3.1% from $2.476 billion a year earlier. In the front end, sales rose 3.2%

Study: Canadians not taking their meds

Study: Canadians not taking their meds

Many Canadians fail to take their medications as prescribed and, in some instances, are not filling their prescriptions, according to a national survey from the Canadian Pharmacists Association (CPhA).

NCPA turns spotlight on underpayment for generics

NCPA turns spotlight on underpayment for generics

The National Community Pharmacists Association said it has compiled evidence that underscores the need for federal sunshine legislation to provide more insight into below-cost reimbursements from pharmacy benefit managers that don’t keep pace with rising market costs for generic drugs.

Stop & Shop, Acme to buy A&P stores

Stop & Shop, Acme to buy A&P stores

Stop & Shop Supermarket Co. LLC and Acme Markets have agreed to buy stores from A&P, which earlier today announced it was filing for Chapter 11 bankruptcy protection and plans to sell off stores. Stop & Shop, part of Ahold USA, said Monday that it plans to acquire 25 A&P stores in

With Chapter 11 filing, A&P to sell off stores

With Chapter 11 filing, A&P to sell off stores

A&P has filed for bankruptcy, the second time in five years that the food and drug retailer has sought Chapter 11 protection. The supermarket operator said Monday that it has executed asset purchase agreements for about 120 stores at a price of roughly $600 million.

Competition escalates in retail clinic arena

Competition escalates in retail clinic arena

The retail health clinic market is seeing competition intensify as the leading players expand their reach with new locations. Market leader MinuteClinic, part of CVS Health, got a big boost last month with CVS’ $1.9 billion deal to buy the pharmacy and clinic business of Target Corp.