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Retail News

Kmart rewards consumers for transferring prescriptions

Discount store chain Kmart is incentivizing consumers to transfer their current prescriptions to its pharmacies. The retailer on Friday said Kmart Pharmacy is offering a Kmart gift card of up to $25, valid until the end of December, for customers that make the switch. A card will be given for each

CVS.com adds interactive tools, mobile service

CVS.com adds interactive tools, mobile service

CVS Caremark Corp. has rolled out interactive prescription, health information and savings tools on its CVS/pharmacy web site and launched a microsite for mobile devices. Dubbed CVS.com Mobile, the service — accessed online at m.cvs.

Laura Bush to speak at NACDS Foundation dinner

Former First Lady Laura Bush is slated to be the keynote speaker at the 11th Annual National Association of Chain Drug Stores Foundation Dinner. The NACDS Foundation said Thursday that Bush will address dinner attendees on December 1 at the Hilton New York Hotel in New York City.

Hours extended in many Duane Reade stores

Hours extended in many Duane Reade stores

Duane Reade Inc. has extended operating hours in 55 of its 256 drug stores in the metropolitan New York area. The chain said Tuesday that the changes in store hours will increase the number of stores open seven days a week to 248 locations and the number of stores open 24 hours

NACDS applauds Obama for signing DME legislation

NACDS applauds Obama for signing DME legislation

The National Association of Chain Drug Stores commended President Barack Obama for signing into law legislation that extends the accreditation requirement for pharmacies to provide durable medical equipment (DME) under Medicare. Under the law, bill H.R. 3663, introduced by Reps. Zach Space (D.

Pfizer wraps up Wyeth acquisition

Pfizer Inc. said Thursday that it has completed its acquisition of Wyeth. The pharmaceutical company announced Wednesday that it had received clearance from the U.S. Federal Trade Commission and the Canadian Competition Bureau to close the transaction.

Walgreens doubles size of stock buyback plan

Walgreens doubles size of stock buyback plan

Walgreen Co. has unveiled a new $2 billion share repurchase program, twice the size of its existing plan. The drug store chain said Thursday that its board of directors has authorized the new program, which expires at the end of 2013 and replaces the previous $1 billion plan that was due to

Walmart.com to offer H&BAs

Wal-Mart Stores Inc. has begun selling a wide assortment of H&BAs and personal care products online. Thousands of top-selling nationally branded items have been added to Walmart.com’s selection. The shipping fee is 97 cents per item.