Shoppers Drug Mart Corp. ended fiscal 2012 with solid revenue gains for the fourth quarter and full year, along with upticks in earnings per share. Canada’s largest drug chain said Thursday that for the fourth quarter ended Dec. 29, total sales rose 4.4% year over year to $2.72 billion (Canadian).
Rexall Pharma Plus has become a top consumer destination for flu shots in Ontario since the province expanded the range of services that pharmacists can perform.
Medicine Shoppe Canada has enlisted media software provider ScreenScape to implement a digital signage network that connects its pharmacies across Canada and presents value-added health care information to customers.
Shopko reports that pharmacy customers are embracing its mobile application to help manage their prescriptions. The retailer said Tuesday that more than 1,000 prescriptions a day are being refilled via the Shopko mobile pharmacy app, introduced last year, and that number is rising fast.
CVS Caremark Corp. has acquired Drogaria Onofre, a Sao Paulo, Brazil-based retail drug chain with 44 stores. Larry Merlo, president and chief executive officer of CVS Caremark, said Wednesday during a conference call on the company’s fourth-quarter results that the Onofre deal closed late last week.
Patient and health care groups, including the pharmacy community, are calling on the Food and Drug Administration to reject the rescheduling of combination hydrocodone products from Schedule III to Schedule II.
The National Association of Chain Drug Stores Foundation has awarded research grants to three universities to examine how community pharmacy-provided medication management in care teams such as medical homes and accountable care organizations (ACOs) impact patient health outcomes.
Double-digit revenue gains helped drive increased earnings at CVS Caremark Corp. for the 2012 fourth quarter and fiscal year. The company said Wednesday that net revenue for the three months ended Dec. 31 rose 10.9% to $31.4 billion from $28.3 billion a year earlier.
Growth in pharmacy business, fueled by the severe flu season, helped boost same-store sales at Walgreen Co. in January. Walgreens said Tuesday that comparable-store sales rose 3.7% in January, with calendar day shifts positively impacting results by 1.
Sharon Driscoll has joined Katz Group Canada Ltd., the operator of the Rexall and Rexall Pharma Plus pharmacy chains, as executive vice president and chief financial officer.
Walgreen Co. is offering third-party mobile application developers an application programming interface (API) that enables them to integrate the drug chain’s prescription refill technology.
The nation’s changing health care environment is creating a new dynamic of need and demand that calls on community pharmacy to play a bigger role, Walgreen Co.
Supervalu Inc. has installed Sam Duncan as president and chief executive officer, moving up the date for the former OfficeMax CEO to begin running the reorganized food and drug retailer.
The National Community Pharmacists Association and the National Association of Chain Drug Stores are calling for the federal government to expand pharmacists’ role in accountable care organizations (ACOs).
Save Mart Supermarkets has kicked off a yearlong campaign to raise customer awareness about the risks of heart disease.
