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Inside This Issue - News

With Duane Reade buy, Walgreens gains on many fronts

Walgreen Co. has obtained much more than market share with its acquisition of Duane Reade.

Acquisition reflects Walgreens' new thinking

Walgreens’ acquisition of Duane Reade is the latest move in the century-old company’s ongoing effort to redefine itself.

Duane Reade's makeover wins suitor

Duane Reade would have been much less attractive to a buyer just a year ago. But the past 12 months have seen the rollout of new and remodeled drug stores that bear little resemblance to the chain’s drab older units.

Walgreens' approach to growth evolves

Walgreen Co. grew from about 1,300 outlets in 1986 to more than 4,000 in 2003, all without making any major acquisitions.

Giancamilli: ‘NACDS is up to any challenge’

Although the battle is far from over, the National Association of Chain Drug Stores won a number of significant victories last year, its leaders told the several hundred executives gathered at the association’s Regional Chain Conference here last month.

CVS makes debut in Puerto Rico

CVS Caremark Corp. opened two stores on this Caribbean island last month, marking the first of what it says will be nine drug stores in yet another new market for the company.

Washington Medicaid program wins reprieve

While negotiations over pharmacy reimbursement rates continue, Walgreen Co. has delayed its plan to stop filling Medicaid prescriptions at more than half of its stores in Washington state.

Kerr Health introduces web site

Kerr Drug Inc.’s Kerr Health subsidiary has launched a web site designed to communicate the health care services provider’s offerings to doctors, patients, caregivers and employers.

Men’s site opened by drugstore.com

Drugstore.com has expanded its service offerings with AtHisBest.com, which the company calls the first online store dedicated to providing a full selection of men’s grooming, health, home, fitness, sexual and personal care needs.