Despite declined revenue, Rite Aid Corp. narrowed its loss for its fiscal 2011 third quarter and came in ahead of Wall Street’s forecast. The drug store chain said Thursday that for the 13-week third quarter ended Nov. 27, sales fell 2.4% to $6.2 billion from $6.4 billion a year earlier. The
Walmart has been granted a preliminary injunction to block former executive Hank Mullany from being hired as the pharmacy chief at CVS Caremark Corp., according to published reports.
An estimated 36 million Americans, or one in six people, have purchased prescription drugs online without a doctor’s prescription, according to research presented by The Partnership at Drugfree.org and funded by the Alliance for Safe Online Pharmacies (ASOP). The Partnership at Drugfree.
The National Association of Chain Drug Stores and the National Community Pharmacists Association are dropping their 2007 lawsuit that has blocked the implementation of the so-called "AMP rule" by the Centers for Medicare & Medicaid Services (CMS).
CVS/pharmacy has launched CVS Express Photo App, an online application that enables users of the social media site Facebook to order photo prints directly from their Facebook albums and pick them up in about an hour from a CVS store. "Facebook has become a popular and easy way to share photos online
RediClinic plans to open 20 new health clinics in H.E. Butt Grocery Co. stores across Texas. The retail health clinic operator said Monday that the expansion will almost double the 21 RediClinics now operating in H.E. Butt supermarkets. Plans call for eight new RediClinics to open in H.E.B.
A leading discounter and several large supermarket chains have joined UnitedHealthcare’s Pharmacy Saver Medicare Part D program. The health insurer said Monday that Target Corp., H.E. Butt Grocery Co., Hy-Vee Inc., Publix Super Markets Inc.
Troubled food and drug retailer A&P has filed for Chapter 11 bankruptcy protection. A&P announced the bankruptcy filing Sunday night, not long after media reports surfaced before the weekend that the company, which operates about 250 pharmacies, was mulling Chapter 11 protection.
The National Association of Chain Drug Stores has devised materials that pharmacy retailers can use to inform customers about new limits going into effect next year on over-the-counter medicines in flexible spending accounts (FSAs).
A&P saw its stock price plunge more than 60% on Friday amid published reports that the struggling food and drug retailer was on the verge of filing for bankruptcy protection. A report by Bloomberg on Friday said A&P was considering filing for Chapter 11 bankruptcy and that such a move could take
A study by Walgreen Co. found that people with diabetes who participated in a disease management program involving face-to-face interaction with a pharmacist showed high levels of patient engagement and vastly improved clinical outcomes.
Kroger Co. has partnered with The Salvation Army and hunger relief group Feeding America to offer free flu shots to people who lack health insurance or have inadequate coverage.
Kerr Drug is the first U.S. retailer to deploy 24×7 living assistance and emergency response technology and services from ActiveCare Inc. for senior citizens.
Target Corp.’s ClearRx prescription bottle and packaging has been received the Design of the Decade award from the Industrial Designers Society of America (IDSA).
Regional food and drug retailer Pathmark has begun accepting Medicare Part B coverage at select stores. The A&P-owned supermarket chain is accepting Part B at 53 of its 117 pharmacy locations.
Brian Tyler has been appointed president of McKesson U.S. Pharmaceutical to replace John Figueroa, who is leaving the company to become chief executive officer of Omnicare Inc. McKesson Corp.
