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Rite Aid comp-store sales back on upside

Rite Aid comp-store sales back on upside

Comparable-store sales at Rite Aid Corp. grew in July after experiencing a dip the previous month. Rite Aid said Thursday that for the four weeks ended July 28, same-store sales edged up 0.5% year over year. The company reported a 1% decrease in same-store sales for June, which was the drug

Walgreens’ e-commerce chief joins Express board

Sona Chawla, president of e-commerce at Walgreen Co., has been appointed to the board of directors at Express Inc. The specialty apparel retailer said late Wednesday that Chawla will also serve on the company’s compensation and governance committee. "I am pleased to welcome Sona to the Board.

RxAlly’s new CIO has PharmD

Pharmacy alliance RxAlly has appointed Michael Groh as chief information officer. As CIO, Groh will oversee RxAlly’s technology and data initiatives, the company said Tuesday.

AmerisourceBergen lands pact with Express Scripts

AmerisourceBergen Corp. has entered a multiyear agreement to supply pharmaceuticals to Express Scripts Inc., which has opted to let its current distribution pact with Cardinal Health Inc. lapse. AmerisourceBergen said Tuesday that under the three-year deal, it will supply about $18.

Paragon shareholders OK sale to Shoppers Drug Mart

Shareholders of Paragon Pharmacies Ltd. have given the green light to the western Canada drug chain’s sale to Shoppers Drug Mart Corp. Paragon said the $73.5 million (Canadian) deal was approved at the company’s shareholders meeting late last week in Winnipeg, Manitoba.

Supervalu ousts CEO Herkert

Struggling food and drug retailer Supervalu Inc. has named chairman Wayne Sales as chief executive officer, replacing Craig Herkert. Supervalu said Monday that Sales, 62, will continue to serve as chairman and that board member Philip Francis has been elected lead director.

Walmart debuts PL diabetes care line

Walmart on Tuesday launched a private label diabetes care line that it said could save U.S. patients up to $60 million annually. The ReliOn products promise an affordable, quality option to help the country’s nearly 26 million individuals with diabetes. The ReliOn Prime meter is priced at $16.

NABP flags illegal online drug sellers

A National Association of Boards of Pharmacy (NABP) examination of more than 10,000 websites selling prescription drugs found that 97% were operating out of compliance with U.S.

Jean Coutu Group board adds new member

The board of Jean Coutu Group has elected Cora Mussely Tsouflidou as a director. The Canadian drug chain said late Wednesday that Tsouflidou was voted onto the Jean Coutu Group board at the company’s recent shareholders meeting.

Sales climb in 2Q at Shoppers Drug Mart

Shoppers Drug Mart Corp. saw revenue and same-store sales edge up for its 2012 second quarter. The Canadian drug chain’s net earnings dipped in the second quarter versus a year ago, although earnings per share rose and were in line with the consensus estimate of financial analysts.