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Retail News

Shopko names interim CEO

Shopko Stores has appointed chief operating officer Mike Bettiga as interim chief executive officer. The food and drug retailer said Wednesday that Bettiga replaces CEO Paul Jones, who left the company to pursue another opportunity.

National Association of Specialty Pharmacy Inaugural Event

The National Association of Specialty Pharmacy™ (NASP™) held its inaugural event on October 3rd at the Academy of Managed Care Pharmacy (AMCP) Educational Conference in Cincinnati. The organization also announced that Michael A. Nameth, RPh, MBA, will serve as the

USP standards improve Rx instructions for consumers

The U.S. Pharmacopeial Convention (USP) has released new standards that it said for the first time provide a universal approach to the format, appearance, content and language of instructions for medicines in containers dispensed by pharmacists.

Fred’s eyes pharmacy growth in 2013

Discount general merchandise chain Fred’s Inc. is looking to its pharmacy to help spur business in the new year. In reporting December same-store sales Thursday, Fred’s chief executive officer Bruce Efird pointed to specialty pharmacy and clinical services as areas for expansion.

RxAlly survey: Consumers underutilize pharmacists

A poll released by pharmacy alliance RxAlly found that pharmacists’ expertise is underutilized even though consumers are well aware of pharmacists’ acumen when it comes to medications. The online survey of more than 2,300 U.S.

Shopko buys two Health Mart locations

Shopko Stores Operating Co. has acquired a pair of Health Mart pharmacies in Wisconsin from an independent operator. Generational Equity, a Dallas-based mergers-and-acquisitions consultancy, said late Wednesday that its client, Waupaca Woods Pharmacy Inc., based in Waupaca, Wis.

Same-store sales tail off at Rite Aid

Introductions of lower-priced generic drugs contributed to a dip in same-store sales at Rite Aid Corp. for September. The drug chain said Thursday that for the four weeks ended Sept. 29, comparable-store sales decreased 0.7% year over year. That was down from upticks of  0.4% in August and 0.