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Retail News

Biggest drug chains move up in Fortune 500

Biggest drug chains move up in Fortune 500

The nation’s three largest drug store chains — CVS Caremark Corp., Walgreen Co. and Rite Aid Corp. — moved up this year on the Fortune 500 list of the biggest U.S. companies. CVS Caremark ranked 18th on the 2010 Fortune 500 list, up from 19th last year. The company operates retail drug

Rite Aid hosts tour providing free skin cancer screenings

Rite Aid Corp. again will host free full-body screenings for skin cancer as part of The Skin Cancer Foundation’s "Road to Healthy Skin" tour. The pharmacy chain said Wednesday that the tour, also sponsored by Aveeno, includes stops at more than 40 Rite Aid drug stores over the next six months

Walgreens enlisted by UnitedHealth for diabetes alliance

Walgreen Co. has been selected by UnitedHealth Group as a founding partner of the Diabetes Prevention and Control Alliance (DPCA), a program aimed at treating and managing diabetes. The drug store chain said Wednesday that in the alliance it will be joining the YMCA of the USA, which is also a DPCA

Ontario pharmacists fire back amid funding cutbacks

Canadian pharmacy groups have responded to a letter by Ontario’s health minister that they said disparages the reputation of pharmacists in the province, where the government plans to halve its reimbursement for generic drugs.

Congress urged not to make pseudoephedrine medicine Rx-only

As lawmakers amplified their call to crack down on methamphetamine production and abuse, the National Association of Chain Drug Stores highlighted pharmacy’s proactive efforts to tackle the problem and urged against requiring patients to get prescriptions for medicines with pseudoephedrine.