The House of Representatives has approved an extension of the increased federal medical assistance percentage (FMAP), which provides enhanced funding to state Medicaid programs, the National Association of Chain Drug Stores reported.
Rite Aid Corp. plans a $650 million debt offering and a new revolving credit facility to replace its current $1.175 billion revolver. The drug store chain said Monday that it aims to offer $650 million in senior secured notes due in 2020. Plans call for the proceeds of the offering, along
Walgreens customers can now chat live online with pharmacists anytime through a new service dubbed Walgreens Pharmacy Chat. Walgreen Co.
The Senate has passed a six-month extension of the increased federal medical assistance percentage (FMAP), which provides the enhanced funding for state Medicaid programs.
Walgreen Co. has launched a redesigned social responsibility web site that it said will make it easier for socially-conscious consumers, investors and employees to find information about the company’s commitment to community, diversity, supplier diversity, disability inclusion and the environment.
The Senate has made headway on enhanced federal funding for state Medicaid programs and passed key legislation on safe disposal of unused drugs, according to the National Association of Chain Drug Stores.
Drugstore.com saw total revenue jump in the 2010 second quarter, fueled by surging over-the-counter and beauty product sales. The online retailer said Wednesday that for the quarter ended July 4, sales climbed more than 27% to $113.1 million from $88.9 million a year earlier.
Shoppers Drug Mart Corp. is marking the 10th anniversary of its Shoppers Optimum loyalty program with special savings for customers and a series of promotions and events. The Canadian drug store chain said Wednesday that beginning Aug.
Surescripts has introduced a service designed to make it easier for users of Microsoft HealthVault to access an electronic record of their prescriptions.
Drugstore.com and Medco Health Solutions Inc. have extended their online store partnership through 2018.
Walgreen Co. turned in virtually flat same-store sales for July after seeing a slight rebound in the previous month. The drug store chain said Wednesday that comparable-store sales in July, which exclude the acquired Duane Reade stores, inched up 0.4%, down from a 2% gain in June.
Walgreen Co. is introducing a gift that keeps on giving: a flu shot gift card. The drug store chain on Tuesday said it’s rolling out a gift card for flu vaccinations as a way to help more Americans stay well throughout the upcoming flu season. Flu shot gift cards are available at
Rite Aid Corp. said the New York Stock Exchange has informed the company that the price of its common stock has fallen out of compliance with the exchange’s minimum share price listing rule. NYSE requires the average closing price of a listed company’s common stock to be at least $1 per share
The National Association of Chain Drug Stores 2010 Pharmacy & Technology Conference is less than a month away, with this year’s event set to kick off Aug. 28 at the San Diego Convention Center. NACDS said Tuesday that attendees of the Pharmacy & Tech conference, which runs to Aug. 31, will include
Walgreen Co. is launching an initiative to promote a 90-day prescription program at its pharmacies in Minneapolis.
Rite Aid Corp. is now enabling members of its wellness+ customer rewards program to chat online with a pharmacist. The drug store chain said Tuesday that the online chat, available toll-free on a 24×7 basis, is accessed through each wellness+ member’s account at www.riteaid.
