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Retail News

CVS names Foulkes chief health strategy officer

CVS Caremark has appointed Helena Foulkes as executive vice president and chief health care strategy and marketing officer, a newly created position. Foulkes, 46, formerly was executive vice president and chief marketing officer.

Rite Aid takes aim at allergies

With allergy season getting under way, Rite Aid Corp. is serving up free "Allergy Relief" guides in stores and alerting allergy sufferers to consult with its pharmacists for advice. Rite Aid said Monday that the Allergy Relief guide, also available online at riteaid.

States sign on to NABP Rx monitoring system

The prescription monitoring programs (PMPs) of North Dakota, Ohio and Virginia have agreed to participate in the PMP Interconnect system to fight drug diversion and abuse, according to the National Association of Boards of Pharmacy (NABP).

Walgreens to buy drugstore.com for $409M

Walgreens to buy drugstore.com for $409M

In a move to expand its e-commerce business and expertise, Walgreen Co. plans to acquire drugstore.com in a deal valued at $409 million. Walgreens said Thursday that under the agreement, it will acquire the drugstore.

Earnings surge in 2Q at Walgreens

Earnings surge in 2Q at Walgreens

Walgreen Co. saw earnings rise by double digits in its fiscal 2011 second quarter and first half, lifted by robust revenue and same-store sales growth. Walgreens said Tuesday that net earnings for the second quarter ended Feb. 28 came in at $739 million, or 80 cents per diluted share, up 10.4% from

Kerr adds online store finder to free Rx delivery

Kerr Drug has launched an online store finder for its free prescription delivery program. The regional drug chain, which has 90 stores in North Carolina, said customers can now visit kerrdrugdelivers.com to find the nearest Kerr pharmacy to request free delivery.

NACDS gives take on federal report on counterfeit drugs

A federal report on the rise of counterfeit drugs drew comment this week from the National Association of Chain Drug Stores, which welcomes the government’s efforts to tackle the issue but opposes the mandate for a national track-and-trace system.