BioScrip Inc. saw an uptick in revenue for its fiscal 2010 first quarter but recorded a net loss due mainly to costs from its recent acquisition of Critical Homecare Solutions (CHS). The retail and specialty pharmacy operator said Friday that sales for the quarter ended March 31 totaled $335.
CVS Caremark Corp. marketing executive Helena Foulkes is taking on new leadership role in the company’s pharmacy benefit management business.
Ingles Markets Inc. has extended its contract to use McKesson Corp.’s EnterpriseRx pharmacy management system in its in-store pharmacies.
Robust pharmacy and front-end business lifted revenue and earnings at Shoppers Drug Mart (SDM) for the fiscal 2010 first quarter. The Canadian drug store chain said Wednesday that for the first quarter ended March 27, sales rose 5.7% to $2.
Rite Aid Corp. reported a dip in same-store sales for April after seeing improved results in the previous month. The drug store chain said Thursday that same-store sales for the four weeks ended April 24 fell 1% from a year earlier. The company had posted flat same-store results in March after
Costco Wholesale Corp. executive Charles Burnett and former Schering-Plough Consumer Health Care chairman Stanley Barshay received the chain drug industry’s highest honors last night at the 2010 National Association of Chain Drug Stores Annual Meeting.
The Jean Coutu Group posted increases in sales, earnings and operating results for its fiscal 2010 fourth quarter and full year. The Canadian drug store chain said Wednesday that sales for the fourth quarter ended Feb. 27 rose 4.9% year over year to $637 million (Canadian) from $607.2 million.
Winn-Dixie Stores Inc. has introduced WD RxConnect Translate, a language translation service, at select in-store pharmacies across its Southeast market area.
The National Association of Chain Drug Stores Foundation has announced seven new members for its board of directors.
Pointing to the impact on state budgets, the National Association of Chain Drug Stores has called on members of Congress to continue the increase to the Federal Medical Assistance Percentage (FMAP).
The National Association of Chain Drug Stores elected CVS/pharmacy president Larry Merlo as NACDS chairman and named new officers, a new Executive Committee member and three new board members at the 2010 NACDS Annual Meeting. Merlo, who also is executive vice president at CVS Caremark Corp.
For the past 12 months the National Association of Chain Drug Stores and its president and chief executive officer, Steve Anderson, have been actively engaged in fighting on the front lines in the battle over health care reform.
The biggest retailers got stronger, but all in all the chain drug sector turned in an impressive performance in 2009. CVS Caremark Corp.
Leaders of the National Association of Chain Drug Stores underscored the group’s value to members and its ability to influence public policy by communicating pharmacy’s and suppliers’ work to improve lives and society in remarks at the 2010 NACDS Annual Meeting.
In a letter to Senate leaders, the National Association of Chain Drug Stores voiced its support of legislation that would take a community-level approach to stopping drug abuse, including abuse of prescription and nonprescription medication and methamphetamine.
Rite Aid Corp. plans to pilot an online service from American Well Inc. that would enable patients to have live, interactive consultations with the drug store chain’s pharmacists.
