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Walgreens, Boots execs shed light on deal

Walgreens, Boots execs shed light on deal

Amid a rising tide of criticism, Walgreen Co. today gathered investors and analysts in a meeting with its top executives and those of Alliance Boots to explain the rationale behind the companies’ planned union.

NACDS touts opportunities at Marketplace

The National Association of Chain Drug Stores said this weekend’s 2012 NACDS Marketplace Conference will bring top-notch business programming and opportunities to retailers and suppliers in the chain drug industry plus give a glimpse of what’s in store at its new show for next year, the NACDS Total

NCPA warns CMS about Rx reimbursement changes

In letters to the Centers for Medicare & Medicaid Services (CMS), the National Community Pharmacists Association has expressed "serious concern" over federal Medicaid officials’ handling of proposed changes to pharmacy reimbursement.

CVS goes live with new website

CVS/pharmacy has revamped its website to offer consumers a more personalized experience plus more pharmacy and health care tools and information. The drug chain said Thursday that the redesigned CVS.

Rite Aid shrinks net loss as sales edge up

Rite Aid shrinks net loss as sales edge up

Buoyed by an uptick in revenue and same-store sales, Rite Aid Corp. turned in a smaller net loss for its fiscal 2013 first quarter. Rite Aid said Thursday that for the 13-week first quarter ended June 2, revenue rose 1.2% to $6.5 billion from $6.4 billion a year earlier. The company

Navarro mobile Rx app supports Spanish

Fresh off the launch of the "En Español" version of its website, Navarro Discount Pharmacy is now offering Spanish language capability in its mobile pharmacy application. Powered by mscripts, Navarro’s mobile Rx app now provides Spanish-language support.

PDUFA reauthorization bill backed by NACDS

As a final congressional vote approaches, the National Association of Chain Drug Stores called on lawmakers to pass the reauthorization legislation for the Prescription Drug User Fee Act (PDUFA) NACDS said Wednesday that the measure is integral to the review process for new prescription medications

Sales, earnings down in 3Q at Walgreens

The same day it unveiled a blockbuster partnership with global pharmacy, health and beauty retailer and wholesaler Alliance Boots, Walgreen Co. reported declined sales and earnings for its fiscal 2012 third quarter.

Walgreens to buy 45% stake in Alliance Boots

Walgreens to buy 45% stake in Alliance Boots

Walgreen Co. plans to acquire a 45% equity interest in global pharmaceutical, health and beauty retailer and wholesaler Alliance Boots for $6.7 billion in cash and stock, with the option to buy the remaining 55% of the company in about three years for $9.5 billion in cash and stock.

Walgreens spurs effort to employ people with disabilities

In a summit hosted by Walgreen Co. at the drug chain’s distribution center here, top executives from over a dozen major U.S. companies and government officials kicked off a national public-private sector initiative to further employment of people with disabilities.