Riedl to leave Walgreens
George Riedl, senior vice president of pharmacy innovation and purchasing at Walgreen Co., plans to leave the company at the end of the year.
Retail News
Minnesota sued by Rx groups over Medicaid reductions
Pharmacy groups this week expanded their legal action over Medicaid cutbacks to a fourth state, Minnesota.
Front-end rebound, strong Rx boost Walgreens’ monthly sales
A rebound in front-end business and strong pharmacy sales fueled a solid same-store sales gain at Walgreen Co. in September. The drug store chain said Friday that sales in comparable stores rose 5.3% for the month, more than doubling the 1.9% uptick in August and the 2% increase in July.
Walgreens marks opening of 7,000th store
Walgreen Co. on Thursday celebrated hitting the 7,000-store mark nationwide with the grand opening of a new location in Brooklyn, New York.
Drugstore.com launches sexual wellness online store
Drugstore.com this week launched SexualWellBeing.com, an online store offering sexual health products.
CVS begins offering flu shot vouchers to the unemployed
CVS Caremark Corp. on Thursday started distributing vouchers for free seasonal flu shots to the unemployed, kicking off the effort in Boston.
Rite Aid sees dip in September same-store sales
Same-store sales tailed off in September at Rite Aid Corp. but improved compared with the previous month’s results. For the four weeks ended September 26, Rite Aid’s same-store sales fell 0.3%, marking the drug store chain’s fourth consecutive month of same-store declines.
Diabetes management campaign kicks off at Rite Aid
Rite Aid Corp. this week began its annual campaign to help diabetes patients better manage the disease.
Pharmacy groups sue three states over Medicaid cuts
Pharmacy industry groups are suing the states of California, New York and Washington, claiming they have made unlawful cuts in Medicaid and have failed to ensure patient access to care and the quality of care.
Wasson: Walgreens’ store growth more balanced
Walgreen Co. has been taking a more measured approach as it extends the reach of its store network, focusing mainly on organic growth, improved efficiency and greater customer appeal.
Rite Aid teams with hospital to open health clinics
Rite Aid Corp. plans to open several in-store health clinics in Maryland and Delaware through a partnership with a local hospital.
Ex-Supervalu executive lands at Wal-Mart Canada
Former Supervalu Inc. executive Duncan Mac Naughton has joined Wal-Mart Canada Inc., Chain Drug Review has learned. Mac Naughton is slated to serve as chief marketing officer at the Canadian arm of the discount retail giant, according to industry sources.
CVS extends HealthVault downloads to retail Rx customers
CVS Caremark Corp. has expanded its partnership with Microsoft HealthVault to allow retail pharmacy customers to download prescription histories. The drug store chain said Tuesday that by visiting CVS.
Push for 90-day at retail prescriptions begins at Walgreens
Walgreen Co. has kicked off a program to deliver 90-day prescriptions for maintenance and chronic care medications through its retail pharmacies and worksite centers.
Walgreens 4Q earnings top analysts’ forecast
Fueled by a robust sales gain, Walgreen Co. bested Wall Street analysts’ profit projections for its fiscal fourth quarter but saw earnings slip year over year. The drug store chain said Tuesday that sales for the quarter ended August 31 climbed 7.6% to $15.7 billion from $14.
Mac Naughton resigns from Supervalu
Duncan Mac Naughton has resigned as executive vice president of merchandising and marketing at Supervalu Inc. The food and drug retailer and wholesaler said Monday that the resignation of Mac Naughton, 47, is effective September 28. The company did not give a reason for the resignation.