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July 30, 2010
Same-store sales at Rite Aid tailed off during July, with results down in both the pharmacy and the front end.
The decline represented an improvement over the previous month but marked the fourth consecutive month that Rite Aid has reported comparable-store decreases. Same-store sales also are down for the year to date, as are total drug store sales.
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MinuteClinic and southeastern health system St. Vincent's HealthCare have entered into a clinical affiliation to enhance the health care services they provide in the Jacksonville, Fla., metropolitan area. Giant Eagle Inc. has begun offering five common prescription drugs for type 2 diabetes free to customers in its northeast Ohio and western Pennsylvania market areas. Dr. Humberto Martinez, a veteran pharmacist at Navarro Discount Pharmacy, has been named president of the Florida Pharmacy Association (FPA). The Partnership for Safe Medicines (PSM) plans to convene leaders from academia, government and industry in an inaugural conference on counterfeit drugs to be held Oct. 8 at the National Press Club in Washington, D.C. The National Association of Chain Drug Stores has commended the House Energy and Commerce Committee for advancing legislation to help address prescription medication abuse and diversion. The National Association of Boards of Pharmacy (NABP) has named Kerr Drug, Pharmahelper.com and QC Supply as the first online pharmacy services to be approved through its new e-Advertiser Approval Program now required by online search providers Google, Microsoft and Yahoo.
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Kimberly-Clark Corp. has launched new and improved GoodNites Underwear, saying that the rollout marks the brand's "most underwear-like pant yet." American Safety Razor Co. has filed for Chapter 11 bankruptcy protection and subsequently reached an agreement to sell the company to its first-lien creditors. Stiefel Laboratories Inc. has introduced the MaxClarity System, an over-the-counter acne regimen, to consumers in the United States. G.P. Singh Sachdeva has been named chief operating officer at Caraco Pharmaceutical Laboratories. Ltd.
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