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NACDS, NCPA voice concerns about TRICARE

The National Association of Chain Drug Stores and the National Community Pharmacists Association shared their concerns with Senate and House leaders over the potential impact of the Obama administration’s 2013 budget on TRICARE beneficiaries and community pharmacy.

Done deal: Walgreens closes BioScrip acquisition

Walgreen Co. has wrapped up its acquisition of BioScrip Inc.’s community specialty pharmacies and centralized specialty pharmacy and mail-service pharmacy businesses. BioScrip’s community specialty pharmacy network includes 30 pharmacy locations in 16 states and the District of Columbia.

Walgreens serves up BP testing free

Walgreen Co. is offering free blood pressure testing at all of its drug stores and Take Care Clinics daily during May as part of National High Blood Pressure Education Month and to support the Million Hearts initiative.

Navarro puts store remodel in spotlight

Navarro Discount Pharmacy showcased its remodeled store in Coral Gables, Fla., with a grand opening event attended by company executives and local officials. The Coral Gables store features a new self-serve fragrance counter.

Rite Aid unveils debt refinancing plan

Rite Aid Corp. plans to issue $426 million senior unsecured notes due in 2020 to help fund a refinancing of debt. The drug chain on Thursday began a cash tender offer to buy $405 million of its 9.375% senior notes due in 2015. The company said it would call any of

CVS Caremark takes aim at cardiovascular health

CVS Caremark Corp. is serving up free blood pressure tests as part of a series of cardiovascular health efforts in May for National High Blood Pressure Education Month and in support of the federal Million Hearts initiative.

Walgreens reports April comp-store sales decline

Walgreens reports April comp-store sales decline

Decreased results in the pharmacy and the front end pulled down same-store sales for Walgreen Co. in April. Walgreens said Thursday that April comparable-store sales fell 6.4% year over year, despite a positive impact of 0.

Jean Coutu Group finishes strong in fiscal 2012

Jean Coutu Group finishes strong in fiscal 2012

Jean Coutu Group and its franchised drug store network saw robust sales gains for the fiscal 2012 fourth quarter and ended the year on an up note. The Canadian pharmacy retailer also reported increased profit, exceeding the earnings-per-share (EPS) forecast of financial analysts.

Same-store sales up at Rite Aid in April

Gains in the pharmacy and front end lifted same-store sales at Rite Aid Corp. for April. The drug chain said Thursday that for the four weeks ended April 28, comparable-store sales rose 2.9%, down from the 3.6% comp-store sales increase in March but continuing a string of monthly gains over the

CVS app can put loyalty card on smartphones

CVS app can put loyalty card on smartphones

CVS/pharmacy has rolled out an updated mobile application that enables shoppers to digitally store their ExtraCare loyalty card in a smartphone. The drug store chain said Tuesday that the upgraded mobile app eliminates the need for customers to carry their ExtraCare card when shopping.