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Retail News

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.

CVS to offer double rewards for loyalty card holders

CVS/pharmacy is bringing back a popular loyalty card promotion as it marks a company milestone. The drug chain said Friday that members of its ExtraCare program can sign up to double their Quarterly ExtraBucks Rewards earnings when they shop at any of its more than 7,500 stores from Sept.

NCPA urges care as Congress scrutinizes compounding

In a letter to congressional leaders, the National Community Pharmacists Association gave its take on how pharmacy compounding safety and oversight could be improved without impacting patient access to compounded medications. NCPA said Thursday that chief executive officer B.

NACDS hires federal policy director

Christopher Smith has joined the National Association of Chain Drug Stores as director of federal public policy. NACDS said Thursday that Smith, who started in the position on Aug. 27, previously was director of policy and regulatory affairs at the National Community Pharmacists Association.

August comp-store sales rise at Rite Aid

Rite Aid Corp. maintained an improving comparable-store sales trend in August, posting its third consecutive month of gains. The drug chain said Thursday that for the five weeks ended Aug. 31, same-store sales edged up 1.1% year over year. That compared with a 1.

Flu vaccinations under way at Stop & Shop

Stop & Shop is now providing flu shots without an appointment at all of its in-store pharmacies. The Ahold USA supermarket chain said Wednesday that its New England division has launched its annual flu immunization effort.

Walgreens fuels same-store sales growth in August

Walgreen Co. continued to build same-store sales momentum in August, turning in gains in both the pharmacy and front end. Walgreens said Thursday that comparable-store sales rose 4.8% year over year in August, reflecting negative impacts of 1.