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Retail News

SDM shareholders OK merger with Loblaw

Shoppers Drug Mart Corp. shareholders have given the green light to the company’s acquisition by Loblaw Cos. In a special meeting Thursday, Shoppers Drug Mart stockholders approved the $12.4 billion (Canadian) cash and stock deal, with 99.

Study: Pharmacies’ flexible hours spur vaccinations

One of community pharmacy’s strongest attributes — convenience — is playing a pivotal role in boosting U.S. immunization rates but could do even more, according to a Walgreen Co. study published in the September/October issue of Annals of Family Medicine.

HHS secretary extends kudos to pharmacies

Kathleen Sebelius, secretary of the U.S. Department of Health and Human Services, applauded retail pharmacies and other health care stakeholders for stepping forward to help Americans prepare for new health benefits being offered under the Affordable Care Act (ACA).

Albertsons adds to pharmacy base with acquisition

Albertsons LLC is slated to raise its pharmacy count with its deal to acquire Lubbock, Texas-based United Supermarkets LLC. Under the agreement, announced Monday, Albertsons plans to acquire 50 supermarkets in north and west Texas under the United Supermarkets, Market Street and Amigos banners.

Target issues challenge for health care ideas

With consumers increasingly focused on wellness, Target Corp. is sounding the call for ideas to make health care easier. The discount store giant on Monday unveiled the Simplicity Challenge, a nationwide search for innovative ideas to simplify health care.

Walgreens to acquire Kerr Drug

In another sign of chain drug industry consolidation, Walgreen Co. plans to purchase Kerr Drug, which has 76 drug stores in North Carolina. Financial terms of the transaction weren’t disclosed.

Rite Aid makes itself an ACA destination

With state health insurance exchanges set to launch next month, U.S. Secretary of Health and Human Services Kathleen Sebelius visited a Rite Aid store in Hoboken, N.J., to help the drug chain launch a program to give customers on-site help as they size up their health coverage options.

Amicus brief filed in generic substitution case

The Retail Litigation Center (RLC) has joined the National Association of Chain Drug Stores, the National Community Pharmacists Association and other pharmacy and retail organizations in an amicus brief filed with the Minnesota Supreme Court regarding a case involving generic drug substitution.