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Retail News

Bang to join SDM as senior VP merchandising

Bang to join SDM as senior VP merchandising

Chong Bang, Walgreen Co.’s general merchandise manager for photo and front-end services and the latest executive to oversee implementation of the company’s Customer-Centric Retailing (CCR) initiative, plans to leave the company later this month.

Rx groups welcome MTM amendment to Senate bill

Rx groups welcome MTM amendment to Senate bill

Retail pharmacy organizations have commended Sen. Kay Hagan (D., N.C.) for introducing an amendment to the Senate health care reform bill that would bolster medication therapy management (MTM) programs in Medicare Part D.

Same-store sales dip in November at Rite Aid

Same-store sales dip in November at Rite Aid

Rite Aid Corp. posted its sixth consecutive month of same-store sales declines in November. The drug store chain said Thursday that for the five weeks ended November 28, same-store sales fell 0.8% from the prior-year period. That followed decreases of 0.5% in October and 0.3% in September.

Rite Aid, Maryland health network open in-store clinics

Rite Aid Corp. has opened three Atlantic ImmediCare retail health clinics inside stores in Maryland and Delaware. The new clinics, operated by Berlin, Md.-based Atlantic General Hospital and Health System, are located at Rite Aid stores in Ocean Pines and Pocomoke City, Md., and Millsboro, Del.

Walgreens sees letup in same-store sales

Walgreens sees letup in same-store sales

Same-store sales growth slowed in November at Walgreen Co. as a revival in front-end business during the previous two months lost steam. The drug store chain said Wednesday that same-store sales in November rose 3.9%, down from respective 4.9% and 5.

Rx groups: New NDC policy may disrupt Part D coverage

Pharmacy and drug retail and wholesale groups say a new National Drug Code (NDC) policy being enacted by the Centers for Medicare and Medicaid Services (CMS) may block Medicare Part D benefits for many common prescription drugs that had been covered for years.

Drugstore.com rings up record orders on ‘Cyber Monday’

Drugstore.com tallied the highest number of customer orders in its history on the Monday after the Thanksgiving weekend, better known as "Cyber Monday" for its heavy online shopping activity. The online retailer said Tuesday that this holiday season its main drugstore.com site and its beauty.

Duane Reade to roll out Blockbuster DVD kiosks

Duane Reade Inc. is working with NCR Corp. to deploy Blockbuster Express DVD rental kiosks in most of the metropolitan New York drug chain’s stores. The kiosks will be deployed in 200-plus Duane Reade stores over the next few months.

Walgreens makes more executive moves

Walgreen Co. has promoted two legal executives and hired another executive for its pharmacy systems team. The drug store chain on Monday said Laura Merten, currently divisional vice president of health law, has been named divisional vice president of compliance, loss prevention and profit sharing.