Rite Aid Corp. saw same-store sales rise in December, marking its first monthly comparable-store gain in well over a year. The drug store chain said Tuesday that for the four weeks ended Dec. 25, same-store sales edged up 0.6% versus a year earlier, compared with declines of 1.3% in November and
Mark Panzer, president and chief executive officer of Pharmaca Integrative Pharmacy, has been named Chain Drug Review’s Merchant of the Year for 2010.
For the first time, universal standards for prescription drug labels that reflect how patients read and understand medication instructions are being proposed on a national level, according to the U.S. Pharmacopeial Convention (USP).
CVS Caremark Corp. has agreed to acquire the Medicare Part D business of Universal American for $1.25 billion. The company said Friday that the acquisition of the Part D business of Rye Brook, N.Y.
If John Spina’s work to integrate Duane Reade into Walgreens goes well, it will be invisible to consumers. Thus far, it has been just that, as evidenced by the continued strength of Duane Reade under its new owner.
One man was integral to possibly the most dramatic two-year transformation in the history of chain drug retailing. The second grasped its import early on and helped find a way to turn it to his company’s advantage. The third is making sure its benefits endure.
Lewis Drugs has seen a vibrant response following the debut of its innovative "store of the future" in its hometown of Sioux Falls, S.D.
Though drug store chains and other retailers got a lift from a late-season holiday sales surge, consumer confidence waned in December, according to a major economic benchmark.
Rite Aid Corp.’s wellness+ customer loyalty card is the centerpiece of a New Year-themed sweepstakes program that runs through late next month. The drug store chain said Tuesday that customers who use their wellness+ card from now through Jan.
BioScrip Inc. has closed a new $150 million syndicated revolving credit facility. The pharmacy services company said Tuesday that the new facility will be structured as an amendment and restatement of the prior $100 million term loan and $50 million revolver.
Shoppers Drug Mart Corp. aims to help customers live up to their New Year’s resolutions focused on health and wellness.
Bartell Drugs is donating 4,000 doses of flu vaccine to support of pharmacy outreach programs at the University of Washington and Washington State University.
A last-minute shopping surge turned a disappointing 2010 holiday selling season into an acceptable one for America’s chain drug retailers.
The National Community Pharmacists Association and the National Association of Chain Drug Stores have applauded lawmakers for approving a measure that freezes retail pharmacy co-payments in TRICARE, the health coverage program for the armed forces.
Financial analysts highlighted Walgreen Co.’s improved front-end performance in reports on the drug store chain’s fiscal 2011 first quarter results. "Walgreens appears to have established some positive momentum in its front-end business," William Blair & Co.
Research sponsored by CVS Caremark Corp. found that pharmacists in a retail store are the most influential health care "voice" in getting patients to take their medications as prescribed.
