Skip to content

Retail News

Sales, scripts climb in 3Q at Shoppers Drug Mart

Shoppers Drug Mart Corp. saw sales and net earnings per share rise for its third quarter, with EPS exceeding analysts’ consensus estimate by a penny. The Canadian drug chain, which is being acquired by Loblaw Cos., said Tuesday that revenue for the 16-week third quarter ended Oct. 5 rose 2.4% to $3.

Delish to-go foods sold at Walgreens part of recall

Ready-to-eat food products sold at Walgreens and other retailers are part of a recall announced this weekend by the U.S. Department of Agriculture and the Food and Drug Administration. The USDA Food Safety and Inspection Service (FSIS) on Sunday said that Glass Onion Catering, Richmond, Calif.

Bartell Drugs thrives by catering to community

As it approaches its 125th year in business, Bartell Drugs has proven to be a survivor. Bartell Drugs chairman and CEO George D. Bartell is the grandson of the 125-year-old chain’s founder. Started in 1890 by George Bartell Sr.

New coalition makes affordable health coverage its cause

Amid rising public uncertainty about the impact of health care reform, a national group of organizations including large and small employers, pharmacy benefit managers, health providers, health benefits advisers and health plans has formed the Affordable Health Benefits Coalition (AHBC), which aims

Health Mart rolls out local marketing program

Drug store franchise Health Mart has launched a new Local Marketing Support program, designed to help pharmacy owners promote themselves as community health care providers as well as develop new revenue streams.

Legislation takes aim at ‘medicine cabinet tax’

Legislation takes aim at ‘medicine cabinet tax’

The U.S. Senate has introduced a bill to repeal a provision of the Patient Protection and Affordable Care Act (PPACA) that requires consumers to get a prescription to use a medical savings account to buy over-the-counter medicine. The Restoring Access to Medication Act (S.

Bloom to appear in reality TV show

Mike Bloom, president and chief operating officer of Family Dollar Stores Inc., will be featured on the CBS-TV reality series "Undercover Boss" this week. The episode with Bloom, a longtime executive at CVS Caremark Corp. before joining Family Dollar in 2011, is scheduled to air on Friday, Nov.

Walgreens exec named to U.K. post at Alliance Boots

Richard Ashworth, corporate operations vice president for the western United States at Walgreen Co., has been appointed director of health care, health and beauty for the United Kingdom and Republic of Ireland at Alliance Boots.

Meijer serves up resources for managing diabetes

Half of all people with diabetes feel overwhelmed in managing the disease and lack a personal care plan to maintain a healthy, balanced lifestyle, Meijer Inc. found in a poll of consumers in its five-state market area. The supercenter chain said Tuesday that, in light of such findings and as part

CVS Caremark 3Q results better than expected

Strong profit and sales gains lifted CVS Caremark Corp. over the high end of Wall Street’s earnings forecast for the third quarter. The company said Tuesday that for the third quarter ended Sept. 30, income from continuing operations attributable to CVS Caremark climbed to $1.

Walgreens’ same-store sales gain in October

Same-store sales remained on the upswing in October at Walgreen Co., as the drug chain saw results rise in the front end and the pharmacy. Walgreens said Tuesday that comparable-store sales for October climbed 5.8%, reflecting negative impacts of 0.