Skip to content

Retail News

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.

Rite Aid plans free health screenings

In line with its focus on wellness empowerment, Rite Aid Corp. is providing customers with a free health guide, online health resources and expert advice from its pharmacists to help support their efforts to improve their well-being as they look to the new year.

Chain drug holiday sales: Better than last year

Chain drug holiday sales: Better than last year

Holiday sales at chain drug stores came in above last year’s levels thanks to the early arrival of Thanksgiving. With customers taking advantage of extra shopping days, total sales rose 4.6%, and same-store sales climbed 2.4%, according to research by Racher Press Inc.

CVS announces results of debt tender offers

CVS Caremark Corp. has bought back more than $1.7 billion in senior notes under a tender offer initiated late last month. Reporting the final results of the tender offer this week, CVS said an aggregate principal amount of $1.74 billion of the notes was tendered.

First-quarter earnings drop at Walgreens

First-quarter earnings drop at Walgreens

Citing the impact of various items, including a reporting change for its partnership with Alliance Boots, Walgreen Co. saw net income sink for its fiscal 2013 first quarter, coming in well below Wall Street’s forecast. Walgreens said Friday that for the first quarter ended Nov. 30.