Walgreens names activist investor to its board
Walgreen Co. has named activist investor Barry Rosenstein, founder and managing partner of hedge fund JANA Partners LLC, to its board of directors.
Retail News
CVS closes Navarro Discount Pharmacy acquisition
CVS Health has wrapped up its acquisition of Hispanic-owned regional drug chain Navarro Discount Pharmacy. CVS reiterated on Monday that the chain’s 33 stores, located in the Miami area, will keep the Navarro banner.
Shoppers Drug Mart tests broader food assortment
Shoppers Drug Mart (SDM) is introducing meat and produce in selected stores. The Canadian drug chain, acquired this year by Loblaw Cos., is piloting sales of food including cuts of meat, fruit and vegetables, as well as such prepared food as sushi and salads.
Regional drug chains tackle tough issues
Fruth Pharmacy recently hosted a gathering of 18 regional drug chains and 28 of their vendor partners for the annual convention of the Southern Drug Stores Association. Fruth Pharmacy’s Mark Madore and Lynne Fruth with Zitomer/Thriftway’s Lon Rubackin and Sharon Sternheim.
Pharmaca set to debut new store banner
Pharmaca Integrative Pharmacy is unveiling a new retail banner with the opening its 26th location in the Queen Anne neighborhood of Seattle. The Queen Anne store will feature Pharmaca’s Natural Beauty Bar.
Stop & Shop flu shots, Unilever partnership
To help prepare you and your family for the upcoming
Sam’s Club free diabetes screenings
Sam’s Club® Supports Early Detection of Diabetes with Free Screenings for Its Members and the Public In-club screenings available on Saturday, September 13 from 11 a.m. to 3 p.m. September 03, 2014 09:00 AM Eastern Daylight Time BENTONVILLE, Ark.
Walgreens kicks off free flu shot voucher program
Continuing its successful program, Walgreen Co. is offering more than $10 million of free flu shot vouchers to people who lack health insurance coverage and cannot afford a flu shot on their own. Walgreens said Friday that for the program, now in its fifth straight year, the U.S.
Family Dollar again gives thumbs-down to Dollar General
Family Dollar Stores Inc. has rejected an enhanced acquisition bid by Dollar General Corp. made earlier this week. Family Dollar said Friday that it turned down Dollar General’s $80-per-share acquisition proposal on Sept. 2, valued at $9.
NACDS urges CMS to help new exchange beneficiaries
The National Association of Chain Drug Stores has called on the Centers for Medicare & Medicaid Services (CMS) to assist consumers newly enrolled in plans bought via the health insurance exchanges as they access their prescription drug benefits.
ReCept Pharmacy earns specialty Rx accreditation
ReCept Pharmacy has been received full specialty pharmacy accreditation from URAC, a Washington-based health care accrediting body.
Target promotes options for flu vaccinations
Target Corp. is now offering a range of flu vaccines on a walk-in basis at all of its pharmacy and retail health clinic locations.
Rite Aid sees same-store sales climb in August
Solid pharmacy results helped lift Rite Aid Corp. to a year-over-year gain in same-store sales for August. Rite Aid said Thursday that for the five weeks ended Aug. 30, comparable-store sales rose 3.9%, in line with increases earlier this summer of 4.6% in July and 3.9% in June.
Walgreens reports comp-store sales gain for August
Walgreen Co. saw comparable-store sales rise in August, reporting increases in both the front end and the pharmacy. Walgreens said Thursday that comp-store sales climbed 3.7% in August, reflecting negative impacts of 1.
NCPA, PCMA Iowa law
Pharmacists Back Iowa Law Supporting Patient Access to Pharmacy Care by NCPA | Sep 03, 2014 NCPA Opposes Lawsuit Filed against H.F. 2297 Alexandria, Va. Sept. 3, 2014 – National Community Pharmacists Association (NCPA) CEO B.
CVS Caremark adopts new corporate name
CVS Caremark Corp. has changed its corporate name to CVS Health to reflect its broader commitment to health care. Also on Wednesday, CVS Health announced the end of tobacco sales at all CVS/pharmacy stores, nearly a month ahead of its initial target date of Oct. 1.