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Retail News Breaks Archives A host of retailer, exhibitor and other attendees from across the mass retail arena brought the 2009 National Association of Chain Drug Stores Marketplace Conference to a successful close this past week in Boston. The Consumer Healthcare Products Association said the California Assembly's Public Safety Committee this week failed to pass a bill that aimed to move over-the-counter pseudoephedrine products to prescription status. Rite Aid Corp. said Thursday that same-store sales fell 0.6% in June, while total sales slipped 2.5% during the period. Walgreen Co. on Thursday posted a 3.4% gain in comparable-store sales for June and a 9% overall revenue increase for the month. Take Care Health Systems, the in-store health clinic subsidiary of Walgreen Co., has expanded its menu of services to include procedures for skin conditions and minor injury treatments. Rite Aid Corp. has canceled a planned reverse stock split after regaining compliance with the New York Stock Exchange's minimum share price listing rule. As the legislative battle for health care reform heats up, Wal-Mart Stores Inc. has declared its support for employer-mandated health insurance coverage. CVS/pharmacy and MinuteClinic have been recognized for their efforts to make it easier for people to receive flu shots and to boost awareness of the importance of getting vaccinated. Edith Rosato has been elected president of the National Association of Chain Drug Stores Foundation, the association said Tuesday. Two leading pharmacy trade groups have endorsed legislation that would broaden access to pharmacist-provided medication therapy management (MTM) services for Medicare Part D patients. Rite Aid Corp. said Monday that it has completed refinancing most of its September 2010 debt maturities, including a $145 million term loan and $1.75 billion senior secured revolving credit facility. Former Walgreen Co. leader Fred Canning died of cancer on Sunday at age 85, the drug store chain reported.
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