Revenue and same-store sales increases helped Shoppers Drug Mart Corp. beat financial analysts’ earnings forecast by a penny for the first quarter. Canada’s largest drug chain said Thursday that for the 12-week first quarter ended March 23, sales rose 3.8% year over year to $2.49 billion (Canadian).
CVS Caremark Corp. is continuing its pharmaceutical supply relationships with McKesson Corp. and Cardinal Health Inc. McKesson said Thursday that it has renewed its current distribution agreement with CVS Caremark. For McKesson’s 2012 fiscal year, CVS Caremark and Rite Aid Corp.
The CVS Caremark Charitable Trust has awarded $1 million in grants to 21 community health centers to support programs on treatment and management of chronic diseases.
Robert Loeffler, former chief executive officer of H-E-B, has been recognized by the National Association of Chain Drug Stores with its highest honor, the Sheldon W. Fantle Lifetime Achievement Award.
Uniprix Inc. has entered an online couponing partnership with News Marketing Canada.
In his first remarks as National Association of Chain Drug Stores chairman, Thrifty White Pharmacy president and chief executive officer Robert Narveson stressed the need to help shape public policy to improve patient outcomes.
The American Pharmacists Association (APhA) has released the results of its survey on which over-the-counter products were most recommended by pharmacists to their patients last year.
A total of $230,000 has been awarded to pharmacy schools by the National Association of Chain Drug Stores Foundation via its 2013 Pharmacy Partners Scholarship Program.
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
Health Mart is helping member pharmacies draw new customers and maximize customer loyalty via investments in technology solutions and clinical services.
The National Association of Chain Drug Stores has named new officers, two new Executive Committee members and four new board members for the 2013-14 term.
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.
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.
As the National Association of Chain Drug Stores’ longest-serving board member, Lewis Drug chief executive officer Mark Griffin has seen a lot of change.
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.
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.
