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Retail News

Target plans to open first Canadian stores

Target Corp. is slated to enter the Canadian market with a deal to buy sites of discount store chain Zellers Inc. from Hudson’s Bay Co. The Minneapolis-based discounter said Thursday that it has agreed to pay nearly $1.83 billion Canadian ($1.85 billion U.S.

Some doctors still uncomfortable prescribing generics

Although most physicians are comfortable with generic drugs, a small segment still have negative perceptions about those medications, which affect their prescription choices, according to a study by Harvard, Brigham and Women’s Hospital and CVS Caremark Corp.

Jean Coutu sees uptick in retail sales

Jean Coutu Group saw sales at its franchise store network edge up in its fiscal 2011 third quarter, while overall revenue came in flat despite a rise in earnings. The Canadian drug store franchisor said Friday that retail sales for its franchise stores rose 2.4% year over year to $945.

Pharmacy Execs of the Year: Kerr Drug Rx team

Pharmacy Execs of the Year: Kerr Drug Rx team

Because of a dedication to health care that is unmatched by almost any other retailer in North America, the pharmacy management team at Kerr Drug has been chosen by the editors of Chain Drug Review as the collective recipients of this year’s Chain Drug Pharmacy Executives of the Year award for 2010.

CVS adds beauty club to ExtraCare loyalty program

CVS/pharmacy has launched a beauty club for its ExtraCare customer loyalty program. The drug store chain, part of CVS Caremark Corp., announced the ExtraCare Beauty Club on Wednesday evening during the People’s Choice Awards 2011 show on CBS-TV.