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Retail News

Shoppers Drug Mart gains in 1Q; new chairman named

Robust front-end sales growth helped lift first-quarter revenue at Shoppers Drug Mart Corp. despite a dip in pharmacy business. Also, the Canadian drug store chain has named a new chairman and announced changes in its board of directors.

Same-store sales edge up at Rite Aid

Same-store sales edge up at Rite Aid

Rite Aid Corp. saw its same-store sales climb back on the upside in April. The drug store chain said Wednesday that for the four weeks ended April 23, comparable-store sales inched up 0.5% versus a year earlier. In March, the retailer had seen same-store results dip 0.1% after gains of 1%

Report: Retail clinic market expands despite hurdles

Though facing some challenges, the market for retail health clinics has grown overall and is poised to become a "durable part" of the nation’s health care system, according to a new report by health care market researcher Kalorama Information.

MinuteClinic adds vitamin B-12, HPV shots

MinuteClinic has expanded its menu of services to include vitamin B-12 injections and the human papillomavirus virus (HPV) vaccination Gardasil. The CVS Caremark Corp. retail clinic subsidiary said Monday that the B-12 injection costs $21 and the HPV vaccine is priced at $208.

Walgreens tallies results of Rx disposal program

Walgreen Co. said its customers have helped keep more than 15,000 pounds of unused or expired medications out of landfills through its Safe Medication Disposal Program. The drug store chain said Monday that, working with Sharps Compliance Corp.

Rite Aid cuts price of whooping cough shots in Calif.

More than 500 Rite Aid pharmacies in California are offering whooping cough vaccinations for a newly lowered price of $57.99. Rite Aid Corp. said Thursday that by July 1 — when a new California law takes effect requiring proof of pertussis immunization for all students entering grades 7 through 12 —

Report: Prescription drug spending up only slightly

Report: Prescription drug spending up only slightly

U.S. prescription drug spending was up again in 2010, but growth was less than half the rate of the previous year, according to a report by the IMS Institute for Healthcare Informatics. The IMS Health unit said in its "Use of Medicines in the United States: Review of 2010" report, released Tuesday,