The board of Walgreen Co. has given the green light to a new $2 billion share repurchase program and approved a 28.6% hike in the quarterly dividend, the biggest in the company’s history. Walgreens said Wednesday that it has raised the dividend to 22.5 cents per share from the previous rate of
Ritzman Pharmacies Inc. and Buehler Food Markets Inc. are in negotiations about an alliance in which Ritzman would own and operate all of the supermarket chain’s pharmacies.
Rite Aid Corp. is rolling out an expanded lineup for its Thrifty Ice Cream private brand at its California locations. The drug store chain said Wednesday that the ice cream line includes new flavors and varieties such as the brand’s first nonfat frozen yogurt and take-home pint containers.
Ahold USA has named Raymond McCall senior vice president of pharmacy and health and beauty care. The food and drug retailer, the U.S.
Navarro Discount Pharmacy has promoted chief financial officer Juan Ortiz to chief executive officer, replacing Steve Kacyznski.
A coalition of pharmacists, businesses and consumers is urging the Department of Health and Human Services (HHS) and the Centers for Medicare & Medicaid Services (CMS) to reject California’s state plan amendment that would reduce reimbursement rates for Medi-Cal, the state’s Medicaid program, by 10%
Brick-and-mortar retailers — including drug, food and mass market chains — are scrambling to compete with Amazon.com in the e-commerce arena, especially on price, according to a study by investment firm William Blair & Co.
The National Association of Chain Drug Stores has joined with other retail pharmacy groups in urging congressional leaders to uphold patient access to diabetic testing supplies.
Walgreen Co. has converted a drug store in San Francisco’s Bayview community to its "food oasis" format.
CVS Caremark Corp. and Walgreen Co. unveiled their latest efforts to engage customers through digital channels, including social media.
Target Corp.’s impending entry into the Canadian retail market stands to challenge current shopper loyalties, possibly including pharmacy. According to a study released Friday by management consulting firm SATOV Consultants, Canadians plan to alter their shopping habits to visit Target.
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.
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.
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.
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 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.
