Prescription drug information under scrutiny
An investigation by Consumer Reports found that prescription drug labels sometimes lack key safety warnings and some pharmacies failed to include federally required medication guides.
Retail News
Walgreens launches online pickup service
Walgreen Co. has introduced its new Web Pickup service at store locations throughout the Chicago area. The drug store chain said Monday that Chicago is the first full market rollout for Web Pickup, which lets consumers to shop online at Walgreens.
London Drugs thanks Vancouver police after riots
London Drugs is expressing thanks to the Vancouver Police Department after rioters ransacked one of its stores in the city following the Vancouver Canucks loss in the National Hockey League Stanley Cup final.
Pharmacy sounds off on health entitlement reform
The National Association of Chain Drug Stores and the National Community Pharmacists Association highlighted the role of pharmacy in testimony for a Senate hearing on reform of health care entitlements.
Supreme Court rulings mark win for Rx industry
The pharmaceutical industry chalked up a pair of legal victories yesterday in two rulings by the U.S. Supreme Court. In one decision, Sorrell v.
CalPERS awards Rx contract to CVS Caremark
The California Public Employees’ Retirement System (CalPERS), one of the nation’s largest pension funds, has chosen CVS Caremark Corp. to administer prescription drug benefits for members of its preferred provider organization (PPO) health plans.
Net loss decreases at Rite Aid in 1Q
Rite Aid Corp. beat Wall Street’s projection for its fiscal 2012 first quarter by turning in a smaller net loss on flat sales. The drug store chain said Thursday that for the 13-week first quarter ended May 28 it recorded a net loss of $63.1 million, or 7 cents per diluted
Rexall adds another Healthy Living store
Rexall has opened its latest Healthy Living Store, which is geared to help customers improve their health and wellness.
CVS/pharmacy launches ‘Beauty Board’
CVS/pharmacy has gone live with the Beauty Board, a panel of beauty care and style experts who will provide interactive content and advice for the CVS Beauty Club Facebook Page.
Rite Aid’s latest format makes wellness its mission
Just steps inside the entrance, it’s immediately clear what Rite Aid Corp.’s newest store prototype is all about. This week in Mechanicsburg, Pa.
Third-quarter earnings, sales rise at Walgreens
Walgreen Co. topped analysts’ earnings forecast for its fiscal 2011 third quarter and saw robust gains in overall revenue and same-store sales.
NCPA hails community pharmacy bill
The National Community Pharmacists Association has endorsed new legislation that it said will help independent pharmacies compete while preserving patient choice in pharmacy services. NCPA on Tuesday said The Preserving Our Hometown Independent Pharmacies Act (H.R. 1946), announced this week by Rep.
Jean Coutu renews reward program pact
The Jean Coutu Group has signed a long-term renewal with LoyaltyOne’s Air Miles Reward Program, Canada’s coalition loyalty program. LoyaltyOne, part of Alliance Data Systems Corp.
Walgreens to exit Express Scripts Rx network
Walgreen Co. plans to exit the pharmacy network of prescription benefit manager Express Scripts Inc. next year because of unsuccessful contract renewal talks.
CVS Caremark: Talk to your pharmacist
CVS Caremark Corp. thinks customers can get more from its pharmacists.
CDC report: Pharmacies key in flu shot delivery
The National Association of Chain Drug Stores called a new report on flu vaccines from the Centers for Disease Control and Prevention (CDC) a "clarion call" for expanding the role of pharmacies in providing primary health care services.