Shoppers Drug Mart recalls kids hair product
Shoppers Drug Mart Corp. is voluntarily recalling Balea Kids Hair Putty, part of its exclusive Balea skin and hair care line, as a precautionary measure because of a potential microbial contamination.
Retail News
Rite Aid shuffles execs in store ops, HR
Rite Aid Corp. has made a flurry of executive changes in store operations and human resources. The drug store chain said Thursday that Brian Fiala, formerly executive vice president of store operations, has been appointed executive vice president of human resources.
CVS: Generics yield bigger-than-expected savings
Greater use of generic drugs for chronic disease makes the cost of preventive health care much less than previously thought, research by CVS Caremark Corp., Harvard University, and Brigham and Women’s Hospital finds.
NACDS to CMS: Nix Calif. plan to cut Rx reimbursement
The National Association of Chain Drug Stores and the California Retailers Association (CRA) have called on the Centers for Medicare & Medicaid Services (CMS) to reject a proposal to cut pharmacy reimbursement in California’s Medicaid program.
Take Care enters health, fitness services partnership
Take Care Health Systems plans to offer its employer clients a range of corporate wellness services under an alliance with workplace health and fitness specialist Core Performance. And as part of the agreement announced Wednesday, Walgreen Co.
Walgreens sees same-store sales lift in June
Solid business in both the pharmacy and the front end propelled Walgreen Co. to its eighth straight month of same-store sales gains. Walgreens said Wednesday that comparable-store sales climbed 4.8% year over year in June, aided by a 0.2 percentage point positive impact from calendar day shifts.
Jean Coutu to sell off part of Rite Aid stake
The Jean Coutu Group plans to sell approximately 10% of its equity interest in Rite Aid Corp.
Navarro’s 29th location opens its doors in N. Miami
Navarro Discount Pharmacy has officially opened its new store in North Miami, which marked the Hispanic-owned drug chain’s 29th location overall and first new store in five years.
New Duane Reade flagship store to open on Wall Street
In line with its "New York living" marketing theme, Duane Reade is set to open its new flagship store at an iconic Manhattan location: 40 Wall Street, currently the site of The Trump Building and at one time the world’s tallest building. The new Duane Reade store in The Trump Building at
Quarterly sales edge up at Jean Coutu Group
The Jean Coutu Group and its franchised drug store network saw sales rise slightly in the fiscal 2012 first quarter, and the company reported a year-over-year profit gain. The Canadian drug store operator said Tuesday that revenue for its franchised stores rose 2.9% to $957.
Collis takes helm at AmerisourceBergen
Steven Collis has officially taken the reins as chief executive officer at AmerisourceBergen Corp. The pharmaceutical distributor said that as part of its succession plan announced in March, the 50-year-old Collins started in his new post on Friday, taking over from R.
Thrifty White keeps Rx services going despite flood
Thrifty White Drug went into action to keep pharmacy services going earlier this month when river flooding forced the regional chain to shut one of its stores.
Rite Aid maintains same-store sales momentum
So far, 2011 is proving to be a good year for Rite Aid Corp. on the same-store sales front, as the drug store chain saw another uptick in June. Rite Aid said Thursday that for the four weeks ended June 25, same-store sales were up 1.8% versus a year earlier. That
Senate forms Community Pharmacy Caucus
The National Community Pharmacists Association has endorsed the efforts of Sens. Jerry Moran (R., Kan.) and Jon Tester (D., Mont.) in creating the first-ever Senate Community Pharmacy Caucus.
Meijer fills 1 millionth free prenatal vitamin Rx
Meijer Inc.’s free prenatal vitamin program has filled its 1 millionth prescription, at a cost savings of nearly $14 million to Midwest families. The supercenter chain said Wednesday that Meijer pharmacies hit the million mark earlier this week.
Sam’s Club to provide free children’s health checks
Next week, Sam’s Club plans to offer free children’s health and ID screenings at its pharmacies nationwide. The Walmart warehouse club chain said Wednesday that the children’s health screenings will be available July 9 from 11 a.m. to 3 p.m. at the more than 500 Sam’s Club pharmacies.