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2013 Outlook: Retail Rx embraces change

2013 Outlook: Retail Rx embraces change

Chain drug executives are sounding an upbeat tone as they size up their prospects for 2013. Though most executives express concern about fiscal developments in Washington, they are confident in the outlook for the retail pharmacy industry.

Rite Aid’s Thompson honored as top pharmacy exec

Rite Aid’s Thompson honored as top pharmacy exec

For his leadership in marshalling his team and executing a well-thought-out pharmacy plan, Rite Aid Corp. executive vice president of pharmacy Robert Thompson has been named Pharmacy Executive of the Year by Chain Drug Review. Pharmacists at Rite Aid are making a bigger commitment to health care.

Wasson, Pessina are <i>CDR’s</i> Retailers of the Year

Wasson, Pessina are <i>CDR’s</i> Retailers of the Year

Striking a blockbuster deal that could shift the industry’s perspective, Walgreen Co. chief executive officer Greg Wasson and Alliance Boots executive chairman Stefano Pessina — and their management teams — have been selected as the 2012 Retailers of the Year by Chain Drug Review.

December comp-store sales decrease at Walgreens

December comp-store sales decrease at Walgreens

Comparable-store sales at Walgreen Co. remained on the downside in December, as calendar day shifts and introductions of lower-price generic drugs impacted results. Walgreens said Friday that December same-store sales fell 6.1% from a year earlier. Calendar day shifts accounted for 1.

Sales at Rite Aid decline in December

Sales at Rite Aid decline in December

Despite solid script count growth, Rite Aid Corp. reported declined same-store sales for December. Rite Aid said Thursday that for the four weeks ended Dec. 29, comparable-store sales were down 2.2% year over year.