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CVS’ Ryan, HHS and FDA chiefs to speak at health care forum

Tom Ryan, chairman and chief executive officer of CVS Caremark Corp., is slated to speak along with the heads of the Department of Health and Human Services and the Food and Drug Administration at a health care forum being held early next year by the University of Miami. The university said

CVS opens first drug stores in Omaha

CVS Caremark Corp. has entered the Omaha, Neb., market with the opening of its first two stores in the city. To mark the market entry, the company said it held a grand opening ceremony on Monday at one of the stores that was attended by CVS/pharmacy officials, Omaha mayor Jim Suttle and

Duane Reade CEO to head foodservice distributor

John Lederer, chairman and chief executive officer of Duane Reade, next month is slated to join U.S. Foodservice as president and CEO. The Rosemont, Ill.-based foodservice distributor said Friday that Lederer is slated to join the company on Sept. 8. He will also serve on the board of directors.

NACDS answers criticism of prescription information

Responding to a critical report, the National Association of Chain Drug Stores highlighted the work of pharmacy and consumer groups to collaborate with the government to devise a "one-document solution" for prescription drug information provided to patients.

Bartell begins school supplies drive

Bartell Drugs has kicked off its annual "School Tools for Kids in Need" program to collect school supplies for financially disadvantaged students. The program, the Seattle-area drug chain’s seventh, runs through Aug.

Walgreens launches ‘food oases’ in Chicago

Walgreen Co. is unveiling its new expanded food selection at 10 stores in several Chicago communities identified as "food deserts," or areas that lack access to basic foods necessary to maintain a healthy diet.

House gives nod for enhanced Medicaid funding

House gives nod for enhanced Medicaid funding

The House of Representatives has approved an extension of the increased federal medical assistance percentage (FMAP), which provides enhanced funding to state Medicaid programs, the National Association of Chain Drug Stores reported.

Rite Aid to issue new debt, refinance credit

Rite Aid to issue new debt, refinance credit

Rite Aid Corp. plans a $650 million debt offering and a new revolving credit facility to replace its current $1.175 billion revolver. The drug store chain said Monday that it aims to offer $650 million in senior secured notes due in 2020. Plans call for the proceeds of the offering, along

Walgreens goes live with new social responsibility site

Walgreen Co. has launched a redesigned social responsibility web site that it said will make it easier for socially-conscious consumers, investors and employees to find information about the company’s commitment to community, diversity, supplier diversity, disability inclusion and the environment.

2Q sales surge at drugstore.com

2Q sales surge at drugstore.com

Drugstore.com saw total revenue jump in the 2010 second quarter, fueled by surging over-the-counter and beauty product sales. The online retailer said Wednesday that for the quarter ended July 4, sales climbed more than 27% to $113.1 million from $88.9 million a year earlier.