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Retail News Breaks Archives

Week of   

Week of Mon, Apr 30th, 2012

Walgreens serves up BP testing free

Walgreen Co. is offering free blood pressure testing at all of its drug stores and Take Care Clinics daily during May as part of National High Blood Pressure Education Month and to support the Million Hearts initiative.

Navarro puts store remodel in spotlight

Navarro Discount Pharmacy showcased its remodeled store in Coral Gables, Fla., with a grand opening event attended by company executives and local officials.

Walgreens Specialty Rx adds oncology drugs to clinical program

Walgreens Specialty Pharmacy is adding six medications to its oral oncology cycle management program.

Rite Aid unveils debt refinancing plan

Rite Aid Corp. plans to issue $426 million senior unsecured notes due in 2020 to help fund a refinancing of debt.

CVS Caremark takes aim at cardiovascular health

CVS Caremark Corp. is serving up free blood pressure tests as part of a series of cardiovascular health efforts in May for National High Blood Pressure Education Month and in support of the federal Million Hearts initiative.

Walgreens reports April comp-store sales decline

Decreased results in the pharmacy and the front end pulled down same-store sales for Walgreen Co. in April.

Jean Coutu Group finishes strong in fiscal 2012

Jean Coutu Group and its franchised drug store network saw robust sales gains for the fiscal 2012 fourth quarter and ended the year on an up note.

Same-store sales up at Rite Aid in April

Gains in the pharmacy and front end lifted same-store sales at Rite Aid Corp. for April.

Retail pharmacy drives 1Q gains for CVS Caremark

CVS Caremark Corp. posted sharp revenue and same-store sales gains for the first quarter as its retail pharmacy business reaped the benefits of the contract impasse between rivals Walgreen Co. and Express Scripts Inc.

Walgreens expands vaccinations in Massachusetts

Walgreen Co. has boosted vaccine availability in Massachusetts with new state regulations that permit pharmacists to administer a broad range of immunizations.

CVS app can put loyalty card on smartphones

CVS/pharmacy has rolled out an updated mobile application that enables shoppers to digitally store their ExtraCare loyalty card in a smartphone.

Dramatic expansion seen for retail clinics

Retail clinics and big-name medical centers are set for a growth surge, industry experts said at the American Telemedicine Association's annual meeting here this week.

More states push PBM audit legislation

Mississippi and Minnesota are the latest states to offer legislation to curb audits of pharmacies by pharmacy benefit managers (PBMs).