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Retail News

Walgreens adopts social commerce platform

Walgreen Co. has implemented a social commerce platform that gives its web site customers greater access to product ratings and reviews from other consumers and improves the searchability of products offered on its site.

Shop ‘n Save adds to pharmacy base

Shop ‘n Save is expanding its network of pharmacies with the purchase of Rinderer’s Drug Stores Inc., a family-owned drug store operator serving metropolitan St. Louis. The Supervalu Inc.

Pharmaca reaps benefits from e-commerce upgrade

Pharmaca Integrative Pharmacy’s online business has gotten a boost since moving to a software-as-a-service (SaaS) on-demand e-commerce platform from UnitedU Technologies Inc. The technology solution provider said that Boulder, Colo.-based Pharmaca, in relaunching its pharmaca.

Pharmacies stand tall in customer satisfaction

Pharmacies stand tall in customer satisfaction

When it comes to keeping customers satisfied, pharmacies know how to get the job done. Compared with other industries, the pharmacy sector rates highly in customer satisfaction, said Jim Dougherty, director of the health care practice at J.D. Power and Associates.

CVS launches mobile app for iPhone

CVS/pharmacy has rolled out a mobile application with pharmacy and shopping tools for customers using the iPhone and other Apple mobile devices. The free application, which can be downloadede from Apple’s iTunes Store and the Apple App Store, leverages the tools available on CVS.

Obama signing of drug disposal bill hailed by NACDS

The National Association of Chain Drug Stores said community pharmacies and their patients scored a victory with President Barack Obama’s signing of the Secure and Responsible Drug Disposal Act. NACDS said Thursday that the bill (S.

CVS Caremark looks ahead to growth

CVS Caremark looks ahead to growth

CVS Caremark Corp. executives told those attending its annual Analyst Day meeting that the company has a bright future, despite warning that earnings and sales growth next year could fall below long-term goals.

Navarro enlists indoor billboard ad firm

Navarro Discount Pharmacy has tapped StoreBoard Media to help expand its retail advertising network. The regional drug chain said Thursday that StoreBoard Media is the nation’s largest in-store billboard network, delivering 1.2 billion gross impressions every month.

Walgreens OKs $1 billion stock buyback plan

The Walgreen Co. board of directors has authorized a new $1 billion share repurchase program and increased its quarterly dividend. The drug store chain said Wednesday that the new buyback program is slated to expire at the end of 2012.

NCPDP gets recommendation under health care reform

Under the new health care reform law, the National Committee on Vital Health Statistics (NCVHS) has recommended the National Council for Prescription Drug Programs (NCPDP) to be formally named as an operating rules entity for retail pharmacy-related eligibility transactions.