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Retail News

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.

MinuteClinic names new chief medical officer

MinuteClinic Inc., the in-store health clinic subsidiary of CVS Caremark Corp., has appointed Nancy Gagliano, M.D., as its new chief medical officer. CVS Caremark said Thursday that Gagliano, who joins the company from Massachusetts General Hospital, will start in the new post in May.

Dollar General to carry Rexall health care brand

Dollar General has begun selling Rexall health care products and said it will be the exclusive retailer of the brand. The deep discount chain said Wednesday that Rexall vitamins and supplements are now available at its stores and that a full line of Rexall products will be on its shelves this fall.

Kansas to adopt pseudoephedrine medication tracking system

Kansas plans to become the fifth state to implement the National Precursor Log Exchange (NPLEx), an electronic tracking system to prevent the illegal purchase of medications containing pseudoephedrine, according to the Consumer Healthcare Products Association.

NCPA CEO Roberts to leave for new position

NCPA CEO Roberts to leave for new position

Bruce Roberts, executive vice president and chief executive officer of the National Community Pharmacists Association, plans to step down from the post this summer to join prescription benefit facilitator BeneCard PBF. NCPA said Wednesday that plans call for Roberts to depart June 25.

Walgreens sees uptick in 2Q sales, earnings

Walgreens sees uptick in 2Q sales, earnings

Walgreen Co. posted modest revenue and profit gains for its fiscal 2010 second quarter but saw its same-store sales dip and its earnings fall short of Wall Street’s projections. The drug store chain on Tuesday said sales for the quarter ended Feb. 28 edged up 3.1% to nearly $17 billion from about

Obama health care reform plan faces critical vote

Obama health care reform plan faces critical vote

The stakes are high for President Barack Obama this weekend as his plan for health care reform faces a crucial vote in the House of Representatives. The president cancelled a trip to Indonesia and Australia to stay in Washington to make a final push for support of his and the Democrats’ proposal to

Rite Aid now accepts EBT, food stamps

Rite Aid Corp. has begun accepting electronic benefit transfer (EBT) cards and food stamps provided through the Supplemental Nutrition Assistance Program (SNAP) at its stores nationwide. The drug store chain said Thursday that the move helps the retailer to better meet the needs of many customers.