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CVS research: Rx tools can boost adherence

CVS research: Rx tools can boost adherence

Research by CVS Caremark Corp. shows that such pharmacy benefit manager tools as automated phone messages, fax alerts to doctors about gaps in care, and strategic co-pay waivers for generic drugs can improve medication adherence and reduce prescription costs.

Giant Eagle adds to pharmacy base

Giant Eagle Inc. has purchased pharmacies and prescription files in acquiring five former Penn Traffic Co. stores in Pennsylvania from Tops Markets. Under the agreement announced this week, the food and drug retailer is acquiring BiLo Foods stores in Brookville, DuBois, Johnstown and St. Marys, Pa.

March same-store sales up at Walgreens

March same-store sales up at Walgreens

Walgreen Co. turned in another same-store sales gain in March, with business up in both the pharmacy and front end. The drug store chain said Monday that sales in comparable stores for the month rose 2.3% year over year, up from a 0.4% uptick in February, when the company ended two straight

Rite Aid’s 4Q results miss Wall Street’s forecast

Rite Aid’s 4Q results miss Wall Street’s forecast

Store closings and weak same-store sales led to a revenue decline for Rite Aid Corp. in its fiscal 2010 fourth quarter, with the drug store chain also falling short of Wall Street’s earnings estimate. The company said Wednesday that total sales for the fourth quarter ended Feb. 27 fell 3.6% to

March sales come in flat at Rite Aid

Rite Aid Corp. saw its same-store sales improve but still come in flat during March. The drug store chain said Wednesday that for the four weeks ended March 27, same-store sales dipped 0.1% from a year earlier. That represented a sizable improvement from recent months. The company reported a 3.

Supervalu sells six bigg’s food/drug stores

Supervalu Inc. has agreed to sell six bigg’s supermarkets and their pharmacies in the greater Cincinnati area to local grocery chain Remke Markets. Four of the stores being sold are in Cincinnati, and the other two are in Hyde Park and Mason, Ohio.

FTC OK’s Walgreens’ acquisition of Duane Reade

FTC OK’s Walgreens’ acquisition of Duane Reade

Walgreen Co. has received regulatory clearance from the Federal Trade Commission to complete its planned acquisition of Duane Reade Holdings Inc. Walgreens said Tuesday that it expects to close the acquisition of the metropolitan New York drug store chain in early to mid-April.