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Jean Coutu store network sees sales climb in 1Q

Jean Coutu store network sees sales climb in 1Q

Solid gains in the pharmacy help lift sales at Jean Coutu Group’s franchised drug store network for the fiscal 2013 first quarter. The Canadian pharmacy retailer also saw earnings surge during the quarter ended June 2, largely stemming from a reduction of its investment in Rite Aid Corp.

Pharmaca unveils Natural Beauty Bar

Pharmaca unveils Natural Beauty Bar

Pharmaca Integrative Pharmacy has introduced the Natural Beauty Bar, a new concept aimed at enhancing the chain’s identity as a beauty care destination in the Los Angeles area. Pharmaca said Monday that the Natural Beauty Bar, launched at its Pacific Palisades, Calif.

Pharmacy retailers claim Pfizer delayed Lipitor generics

The nation’s largest drug chain has joined with four supermarket retailers in suing Pfizer Inc. and Ranbaxy Laboratories Ltd. for allegedly scheming to delay the introduction of generic versions of Lipitor, Pfizer’s blockbuster cholesterol-lowering drug. Walgreen Co., Kroger Co., Safeway Inc.

Walgreens opens door to global expansion

Walgreens opens door to global expansion

The international expansion of a U.S. drug chain was a long time coming, but when it happened it happened with a bang. After no nonfranchised American pharmacy chain had ventured beyond Puerto Rico, Walgreen Co.

Comp-store sales fall by double digits at Walgreens

Generic drug introductions and the continuing contract impasse with Express Scripts Inc. took a toll on comparable-store sales in June at Walgreen Co., which reported a double-digit decline for the month. Walgreens said Thursday that overall same-store sales dropped 10% in June, compared with a 5.

Rite Aid sees same-store sales dip in June

Comparable-store sales were down at Rite Aid Corp. in June, marking the drug chain’s first monthly decrease in more than a year. Rite Aid said Thursday that for the four weeks ended June 30, same-store sales declined 1% year over year. That was down from a 1.1% gain in May, and

Walgreens agrees to buy USA Drug

Walgreen Co. has wasted no time in following up on its blockbuster deal with Alliance Boots. The nation’s largest drug chain on Thursday said it plans to acquire the USA Drug pharmacy chain, which operates 144 stores, mostly in the Mid-South, under the USA Drug, Super D Drug, May’s Drug, Med-X and

CVS, Cardinal recognized for workplace wellness

CVS Caremark Corp. and Cardinal Health Inc. have been honored with Best Employers for Healthy Lifestyles awards by the National Business Group on Health. Both companies announced this week that they were selected as Platinum winners for the annual award, now in its eighth year.