Walgreens taps management specialist for accounting services
Walgreen Co. has entered a long-term accounting services agreement with Genpact, a specialist in business process management.
Retail News
Navarro names former Bigg’s executive as CEO
Navarro Discount Pharmacies has appointed Steve Kaczynski as its chief executive officer. The drug store chain said Wednesday that Kaczynski succeeds Marcio Cabrera, who was serving as the retailer’s interim CEO.
More CVS stores in California now offering H1N1 vaccine
CVS Caremark Corp. has expanded the availability of H1N1 flu vaccine to more than 220 stores throughout the California. The drug store chain said Tuesday the H1N1 vaccination is now being provided at select CVS/pharmacy locations in 25 counties in southern, central and northern California.
Walgreens’ Crawford named Rx Exec of the Year
In recognition of his leadership in a rapidly changing industry, the editors of Chain Drug Review have named Walgreen Co. senior vice president of pharmacy Kermit Crawford the Chain Drug Pharmacy Executive of the Year.
Same-store sales dip in December at Walgreens
Pointing to a modest flu season and less seasonal business, Walgreen Co. posted a 0.3% decline in same-store sales for December. The decrease continued a deceleration in same-store revenue growth from the fall, with the drug store chain reporting gains of 3.9% in November, 4.9% in October and 5.
Duane Reade’s Magnacca gets top merchant honors
In just over a year as chief merchandising officer of Duane Reade Inc., Joe Magnacca has put his stamp on the chain in a way equaled by few other retailers. The newest and most recently remodeled Duane Reade stores are all but unrecognizable for New York City shoppers accustomed to older units
2010 Retail Forecast: Chain drug execs look ahead
As the second decade of the 21st century gets under way, chain drug retailers across North America are being forced to grapple with a variety of issues critical to their future.
Rite Aid customers can play ‘Game of Life’
In what it calls a first, Rite Aid Corp. has launched a shopper rewards initiative dubbed "Rite Aid The Game of Life" in which customers have the chance to win $5 million in prizes. Similar to the popular board game, the program calls for customers to collect and match game pieces
All Walgreens, Take Care locations offering H1N1 vaccinations
Walgreen Co. said the H1N1 vaccine is now available daily at its more than 7,100 Walgreens pharmacies and 350 Take Care clinics nationwide.
December sales falter at Rite Aid
Rite Aid Corp. saw same-store sales decrease in December as overall revenue came up short of year-ago results. Rite Aid said Monday that for the four weeks ended December 26, same-store sales fell 1.8% year over year.
Holiday sales report: Drug chains pleasantly surprised
Recession, unemployment, family, weather, an extra shopping day, convenience, price points under $10 and inventory management all impacted the 2009 holiday selling season.
Walgreens’ Wasson named <i>CDR</i> Retailer of the Year
The editors of Chain Drug Review have named Greg Wasson, president and chief executive officer of Walgreen Co., the publication’s 2009 Chain Drug Retailer of the Year.
H1N1 update: Major chains step up vaccine rollout
Major pharmacy retailers this week announced expanded availability of H1N1 vaccinations, including at in-store health clinics. Rite Aid Corp. said Wednesday it is now is offering the H1N1 flu shots at 1,257 Rite Aid stores in 30 states and the District of Columbia.
Walgreens names Customer-Centric Retailing exec
Walgreen Co. has appointed a new leader for its key Customer-Centric Retailing initiative and made other executive moves in online merchandising.
Poll: Many seniors struggle with taking prescriptions
Senior citizens are finding it challenging to manage their daily medications, with many taking a handful of prescriptions regularly and some facing a double-digit pill dosage each day, according to a new survey. The national poll, conducted by Kelton Research for Medco Health Solutions Inc.
NABP review flags thousands of illicit Rx web sites
A review by the National Association of Boards of Pharmacy finds more than 5,000 web sites selling prescription drugs as noncompliant with U.S. pharmacy laws and practice standards designed to safeguard public health.