London Drugs sees return on e-commerce investment
Canadian drug chain London Drugs reports that its investment in e-commerce is paying off.
Retail News
CVS.com adds new drug information tools
CVS/pharmacy has launched a new online Drug Information Center on CVS.com. CVS said Thursday that the new resource was developed to help consumers take control of their health by providing them with best-in-class drug information and a variety of innovative resources.
Cardinal spotlights specialty Rx, home medical solutions
Cardinal Health Inc. is serving up solutions to help its community pharmacy customers meet the burgeoning demand for specialty medications and home health care.
NACDS: Show is on for Total Store Expo
The National Association of Chain Drug Stores Total Store Expo premieres this weekend in Las Vegas, where more than 5,400 attendees from across the chain drug retailer and supplier sectors will converge for four days of programming that NACDS said fosters "a highly personalized approach" to conducti
AmerisourceBergen OKs $750 million buyback plan
AmerisourceBergen Corp.’s board of directors has authorized a new $750 million share repurchase program. The pharmaceutical wholesaler said Thursday that it has $446.1 million remaining on its November 2012 stock buyback authorization, bringing the total amount authorized for repurchases to $1.
Hy-Vee joins health care with nutrition
One area where food/drug combination store operators figure to have a distinct advantage over community pharmacies is the concept of whole health, the place where nutrition and health care intersect. Hy-Vee Inc.
CVS plans back-to-school gift card promo
CVS/pharmacy is launching a Classroom Gift Card promotion that will enable customers to earn gift cards when shopping for back-to-school essentials. The drug chain said Wednesday that from Aug.
Ritzman in talks with Mast Pharmacy
Ritzman Pharmacies Inc. and Mast Pharmacy of Ohio have signed a letter of intent to explore a business partnership in which Ritzman would own and operate all Mast Pharmacies. Mast Pharmacy has five locations in northeastern Ohio.
Pharmacy loyalty cards become more prevalent
The proportion of pharmacy customers who say they have a loyalty or discount card or have been offered one has surged, according to the 2013 edition of Boehringer Ingelheim’s Pharmacy Satisfaction Pulse survey.
Target to buy skin care retailer DermStore.com
Target Corp. plans to to acquire the DermStore Beauty Group, which operates the skin care e-commerce site DermStore.com. Terms of the transaction, which is expected to be completed in 60 days, weren’t disclosed.
Cardinal Health kicks off Retail Business Conference
Thousands of community pharmacists are converging in Seattle this week for Cardinal Health Inc.’s annual Retail Business Conference (RBC). The pharmaceutical wholesaler said Wednesday that its 23rd RBC, which runs Aug.
Walgreens survey gets bead on back-to-school shoppers
A new poll by Walgreen Co. sheds light on what parents will be looking for — and looking to avoid — this back-to-school shopping season. Walgreens said Tuesday that of 1,000 U.S.
Costco pharmacies expect lift from ACA
The Affordable Care Act will strengthen Costco Wholesale Corp. pharmacies’ already significant cash business, according to senior vice president of pharmacy Vic Curtis.
Health Mart has ‘unique proposition,’ president says
Steve Courtman, president of Health Mart, the 3,126-store pharmacy franchise run by McKesson Corp., is confident the retailer has what it takes to flourish in an environment where the rules that have long governed health care delivery are in the process of being rewritten.
Rexall launches personalized online Rx access
Rexall Pharma Plus has gone live with MyRexall, which gives pharmacy customers personalized access to their prescription and health information. The 426-store Canadian drug chain said Tuesday that by creating a MyRexall account, patients can easily view their medication record online.
CVS Caremark gets 2Q profit lift from new generics
Introductions of new generic drugs helped boost profits at CVS Caremark Corp. for the second quarter as the company exceeded Wall Street’s earnings forecast by a penny. CVS said Tuesday that for the second quarter ended June 30, income from continuing operations attributable to CVS Caremark rose 15.