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Retail News

Ontario goes ahead with Rx reform plan

Operators of drug stores in Ontario had their hopes dashed this week when the provincial government opted to proceed with a health reform plan that stands to halve prescription drug reimbursement for pharmacies.

HDMA, Specialty & Biotech Distributors Association to merge

The Healthcare Distribution Management Association (HDMA) and the Specialty & Biotech Distributors Association (SBDA) plan to integrate associations and operations. HDMA said Monday that both of the pharmaceuticals distribution associations’ boards have approved a proposal to merge.

NCPA: Lawmakers urged CMS to enforce ‘prompt pay’

The National Community Pharmacists Association praised two Congressmen for calling on the Centers for Medicare and Medicaid Services (CMS) to force Medicare prescription drug plans to comply with a "prompt pay" provision in legislation effective at the start of this year. NCPA said Monday that Reps.

Rite Aid reports decline in May sales

Sluggish pharmacy and front-end business fueled a decline in same-stores sales and total revenue in May at Rite Aid Corp. The drug store chain said Thursday that same-store sales for the five weeks ended May 29 fell 1.7% compared with the prior-year period. That was down from a 1% drop-off in

Same-store sales stay flat for Walgreens

Despite a solid gain in overall revenue, Walgreen Co. posted roughly flat same-store sales for May. The drug store chain said Thursday that comparable-store sales in May — which don’t include the recently acquired Duane Reade stores — dipped 0.

Target to open more health clinics

Target Corp. plans to open eight new Target Clinic locations in early September. The discount store chain said Wednesday that the expansion includes five new health clinics at Target stores in Chicago and three in Palm Beach, Fla.-area Target stores.

CVS Caremark exec to join working families group

Stephen Wing, director of workforce initiatives at CVS Caremark Corp., plans to join Corporate Voices for Working Families, a nonprofit business membership organization focusing on issues affecting working families. Washington, D.C.

Kerr Drug launches next-gen loyalty program

Kerr Drug launches next-gen loyalty program

Kerr Drug is taking a multichannel approach with its new customer rewards program, enabling shoppers and patients to access information and savings online, in stores, from mobile devices and via social media.