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.
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.
New research sponsored by CVS Caremark Corp. finds that practical social support, including through online social media, is associated with improved medication adherence.
Rite Aid Corp. plans series of customer savings promotions to culminate RA50, its 50th anniversary campaign begun last September.
Next week, all Walgreens stores will host "Night at the W" to celebrate the drug chain’s involvement in the People’s Choice Awards. The retailer said Wednesday that on Jan.
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.
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.
Rexall Pharma Plus is urging Ontario residents to get their flu shot and take other preventive measures amid reports of increased incidence of flu across the province.
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.
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.
Half of the primary care work-site health centers managed by Walgreens Employer Solutions Group have received Medical Home accreditation, Walgreen Co. and the Accreditation Association for Ambulatory Health Care (AAAHC) announced.
Rite Aid Corp. jumped a key financial hurdle by reporting net income for its fiscal 2013 third quarter, marking the company’s first quarterly profit in over five years. Rite Aid on Thursday posted net earnings of $61.9 million, or 7 cents per diluted share, for the 13-week third quarter ended Dec.
A dearth of primary care doctors and high medical costs is shining a spotlight on pharmacists, among other providers, as a "sensible solution" for affordable health care delivery, according to a New York Times editorial. The National Association of Chain Drug Stores applauded the Dec.
Kermit Crawford, president of pharmacy, health and wellness at Walgreen Co., has been elected to the board of directors at Allstate Corp. The insurance giant said Monday that Crawford will join its board effective Jan. 30, 2013, which will increase the company’s total number of board members to 13.
The National Association of Chain Drug Stores is hailing Sen. Kay Hagan (D., N.C.) for her leadership on behalf of pharmacy patient care, in particular medication therapy management (MTM).
A federal appeals court has reversed a decision earlier this year to suspend a 10% reimbursement cut in Medi-Cal, California’s Medicaid program. The California Pharmacists Association (CPhA) said late Thursday that the U.S.
