Duane Reade’s De Fazio appointed SVP at RadioShack
RadioShack Corp. announced that it has named former Duane Reade/Walgreen Co. executive Mike De Fazio as senior vice president of store concepts.
Retail News
Sav-Mor sees its pharmacies as community health enablers
Sav-Mor Franchising has had all of its pharmacists trained to administer vaccinations. The chain drug retailer’s next step is for those professionals to foster customer engagement with all of the company’s wellness initiatives.
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.
NACDS gives take on 2014 U.S. budget proposal
With congressional committee hearings now focusing on the Obama administration’s 2014 budget proposal, the National Association of Chain Drug Stores reiterated to lawmakers the value that community pharmacy brings to the nation’s health care system.
The Top 10 Chain Drug Store Retailers
The leading chain drug retailers upheld their position in the industry last year as ranked by key financial measures. Walgreen Co. again was at the top in sales ($71.63 billion), followed by CVS Caremark Corp. ($63.65 billion, retail pharmacy sales only), Rite Aid Corp. ($25.
Discount Drug Mart plans new stores
New stores are on the way from Discount Drug Mart as the regional drug chain comes off a very good fiscal year. The retailer premiered its 71st unit in March 2012 and plans to add two more this fiscal year. Two other outlets were expanded and remodeled, and next month will see
Action plan sketches bigger role for Rx in Canada
Canada’s pharmacy community can cut the nation’s health care costs by up to to $11 billion (Canadian) over three years by bringing more cost-effective care to more people, according to a new report.
Jean Coutu lowers stake in Rite Aid
The Jean Coutu Group has sold over 40% of its shares in Rite Aid Corp., reducing its equity stake in the U.S. drug chain. Jean Coutu said late Tuesday that it completed the sale of 72,500,000 of its 178,401,162 Rite Aid common shares an average price of $2.20 (U.S.) per share, for total
London Drugs tallies results of recycling efforts
Initiatives by London Drugs to rein in the amount of waste produced by the company and its customers are paying off. The western Canada drug chain said Tuesday that more than 74% of the company’s waste is now recycled or repurposed instead of going to a landfill. London Drugs noted that,
Outlook: Industry eyes potential new Rx business
This year, chain drug retailers will be busy preparing for what’s coming up next year.
Standley guides impressive turnaround at Rite Aid
No one has been more closely involved in the revitalization of Rite Aid Corp. than John Standley. John Standley Arriving at the company in December 1999 as part of an executive team called in after previous management pushed the drug chain to the verge of bankruptcy, Standley, who is now chairman,
Bartell Drugs’ store base gets bigger, better
Bartell Drugs aims to open a pair of new locations this year as it continues efforts to enhance the shopping experience at its Seattle-area stores. Chairman and chief executive officer George Bartell said that in 2013 the drug chain plans to open store No.
NABP pursues .pharmacy domain for online Rx
The National Association of Boards of Pharmacy (NABP) envisions a safer online environment for buying medications with its proposed .pharmacy domain suffix. NABP said Monday that it expects the results of the Internet Corporation for Assigned Names and Numbers (ICANN) review process for the .
Navarro’s 33rd store makes its debut
Navarro Discount Pharmacy has opened its 33rd store, located on NW 7th Street in Miami. The NW 7th Street store in Miami offers a bigger selection of dairy products and other consumables.
CVS/pharmacy aims to spur mobile app use via <br>free smartphone promo
CVS/pharmacy is spreading the word of its mobile application’s benefits via a new online promotion that offers up to 1 million free smartphones to consumers.
Consumer Reports: Discounters top drug stores on OTC prices
The leading discount chains are edging out the leading drug store chains when it comes to pricing on over-the-counter medicines, according to Consumer Reports.