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Retail News

Generics squeeze 2Q sales at Jean Coutu Group

Price deflation from new generic drugs and government-driven price cuts for generics impacted revenue and same-store sales for the Jean Coutu Group and its franchise store network in its fiscal 2014 second quarter.

Rexall appoints chief merchant

Rexall Pharma Plus has confirmed that Mary Kelly has joined the company as executive vice president and chief merchandising officer. Kelly comes to Rexall after four years at Shoppers Drug Mart Corp.

Walgreens rolls out suite of banking services

Over the coming months, Walgreen Co. is launching a package of financial services anchored by a co-branded cash card that can be linked to its Balance Rewards customer loyalty card. Plans call for a national rollout of Balance Financial before the year’s end, with more services set for 2014.

CVS/pharmacy, Humana partner on ACA education

CVS/pharmacy has teamed up with Humana Inc. to help educate consumers about health insurance options brought by the new Health Insurance Marketplace. Humana reps will be at more than 500 CVS stores in most of the states where the insurer is offering qualified health plans on the new insurance

Pharmacists tweet their health care stories

In a global "tweet-a-thon," pharmacists took to the social media platform Twitter with thousands of tweets depicting how the profession is taking a bigger role in health care, according to the National Community Pharmacists Association.

Sam’s Club Pharmacy to hold women’s health screenings

Sam’s Club Pharmacy plans to offer free women’s health screenings to members and nonmembers next week in recognition of Breast Cancer Awareness Month. The Walmart warehouse club chain said the screenings will be held Saturday, Oct. 12, from 11 a.m. to 3 p.m. at all 576 Sam’s Club pharmacy locations.

CVS tips hat to its pharmacy staff

In recognition of American Pharmacists Month in October, CVS Caremark Corp. is extending a message of thanks to its pharmacists, whom the company notes are taking on a bigger health care role.

Rite Aid sees sales uptick in September

Comparable-store sales continued to improve in September at Rite Aid Corp. The drug chain said Thursday that for the four weeks ended Sept. 28, comp-store sales rose 1.9% year over year. That exceeded the 1.1% same-store sales increase in August as well as gains of 1.3% in July and 0.7% in

Same-store sales spike in September at Walgreens

Walgreen Co. turned in its largest monthly same-store sales gain of 2013 in September. Walgreens said Thursday that comparable-store sales climbed 7.4% in September. Calendar day shifts (one extra Monday and one fewer Saturday) positively impacted comp-store sales by 1.9 percentage points.