Skip to content

Retail News

Bull market for drug chain stocks

Stock prices for the nation’s three largest drug chains are on a tear. Walgreen Co., CVS Caremark Corp. and Rite Aid Corp. shares all reached new 52-week highs as of mid-morning trading on Tuesday. Rite Aid shares ranged from $2.44 to $2.52 on Tuesday, with the latter marking the drug chain’s peak

Target cites pharmacists as allergy resource

Target Corp. is pointing allergy sufferers to its pharmacists for advice on dealing with their symptoms during what experts predict will be a longer, more intense allergy season. The discount store chain said Monday that a new Target survey finds that nearly seven out of 10 U.S.

Redesigned RiteAid.com goes live

Rite Aid Corp. has launched a revamped website that the drug chain said provides a more personalized and engaging experience to online customers. Rite Aid said Monday that the redesigned RiteAid.

Shoppers Drug Mart rebrands Beauty Boutique

Shoppers Drug Mart Corp. has taken its 10-year-old Beauty Boutique concept to another level. Rebranded as the Beauty Boutique by Shoppers Drug Mart, the upscale beauty department features a broadened mix, some of Canada’s leading beauty advisors and a new interactive website.

Independent passes torch to Fruth Pharmacy

Fruth Pharmacy next week will mark the opening of its second location in Ironton, Ohio, and its 27th store overall. Fruth’s new Ironton, Ohio, store was formerly an independent pharmacy. A celebration is planned for April 29 through May 1 with grand-opening specials.

Kerr Drug eyes new ways to connect with customers

Kerr Drug will be spending much of 2013 in search of more ways to enhance customers’ online and digital experiences as well as the in-store experience, according to vice president of merchandising and marketing Bill Baxley.

Care Pharmacies extends its reach

A hybrid franchising model has helped Care Pharmacies ramp up its store count and revenue. After expanding its store base by more than 50% in 2011, Care added another 15 locations in 2012, as sales jumped $36 million to $37 million. It now has 79 stores overall. In recent years Care extended

Bill Clinton set to keynote NCPA annual convention

Former President Bill Clinton is slated to deliver the keynote address this fall at the National Community Pharmacists Association’s annual convention. Bill Clinton The 2013 NCPA Annual Convention and Trade Exposition is scheduled for Oct.

Kinney Drugs winds down rollout of new format

This year, Kinney Drugs expects to wrap up a long-term migration to a new store design across its 95 locations in upstate New York and Vermont. The regional drug chain began revamping its drug stores more than five years ago to better cater to its primary shopper: women ages 35 and older.