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Week of Mon, Mar 29th, 2010

Walgreens helps boost retail Rx as flu shot provider

Retail pharmacies have played a major role in providing vaccinations during this flu season, and Walgreen Co. accounted for the lion's share of shots administered by drug store chains.

MinuteClinic offers monitoring of health conditions

MinuteClinic has introduced health condition monitoring services to help patients with diabetes, asthma, high cholesterol and high blood pressure overcome the challenges of living with their conditions.

Rite Aid's 4Q results miss Wall Street's forecast

Store closings and weak same-store sales led to a revenue decline for Rite Aid Corp. in its fiscal 2010 fourth quarter, with the drug store chain also falling short of Wall Street's earnings estimate.

March sales come in flat at Rite Aid

Rite Aid Corp. saw its same-store sales improve but still come in flat during March.

CVS Caremark receives specialty Rx accreditation

CVS Caremark Corp. has been granted specialty pharmacy accreditation from health care quality standards body URAC.

FTC OK's Walgreens' acquisition of Duane Reade

Walgreen Co. has received regulatory clearance from the Federal Trade Commission to complete its planned acquisition of Duane Reade Holdings Inc.

Supervalu sells six bigg's food/drug stores

Supervalu Inc. has agreed to sell six bigg's supermarkets and their pharmacies in the greater Cincinnati area to local grocery chain Remke Markets.

Rite Aid guide aids allergy sufferers

Rite Aid Corp. has teamed up with the American Academy of Allergy, Asthma & Immunology (AAAAI) to provide free allergy guides to help allergy sufferers this spring.

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