Rite Aid kicks off ‘Nail Extravaganza’ campaign
Rite Aid Corp. is leveraging its website and social media in a beauty care campaign spotlighting nail polish.
Retail News
Walgreens helps Washington combat whooping cough
Another state experiencing a spike in cases of whooping cough has led Walgreen Co. to bolster accessibility to the pertussis vaccination. Walgreens said Tuesday that it’s now offering the Tdap vaccine (tetanus/diphtheria/pertussis) at all of its 129 drug stores in Washington.
Merlo: CVS Caremark is in a sweet spot
In today’s complex health care market, CVS Caremark Corp. has the right business model and the right game plan to drive innovation in pharmacy care and spur company growth, president and chief executive officer Larry Merlo said at the annual shareholders meeting here.
More regional drug chains join RxAlly network
Ten regional drug store chains and nine independent pharmacy organizations have joined RxAlly, a national alliance of over 20,000 pharmacies formed earlier this year to stake a bigger claim for community pharmacy in the nation’s health care delivery system.
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.
CACDS appoints interim chief executive
The Canadian Association of Chain Drug Stores (CACDS) has named Ian McKinnon as interim chief executive officer, taking over for president and CEO Nadine Saby, who has resigned.
Kmart launches pet prescription program
Kmart Corp. has added a pet medication program to its pharmacy offerings. The discount store chain, part of Sears Holdings Corp.
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.
Walgreens Specialty Rx adds oncology drugs to clinical program
Walgreens Specialty Pharmacy is adding six medications to its oral oncology cycle management program. Walgreen Co. said Thursday said the move marks a significant expansion of its comprehensive treatment and support program for patients, doctors and payers.
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
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 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