WOONSOCKET, R.I. — Robust pharmacy business drove strong revenue and profit gains in the fiscal 2009 fourth quarter for CVS Caremark Corp. The drug store chain and pharmacy benefit manager said Monday that overall revenue for the quarter ended Dec. 31 rose 7% to $25.8 billion from $24.1 billion a year earlier. Retail pharmacy sales
RALEIGH, N.C. — Kerr Health, a health care services subsidiary of Kerr Drug, has launched a new web site that provides entry portals for health care professionals, patients, caregivers and employers. The new site, www.kerrhealth.com, creates a stronger online destination for information and resources on specialty pharmacy, long-term care, wellness, care management and health intervention, Kerr Health
DEERFIELD, Ill. — Walgreen Co. plans to offer free blood glucose testing at its pharmacies and in-store health clinics starting at the end of this week, an initiative highlighted on "The Oprah Winfrey Show." Plans call for Walgreens to begin offering the free tests on Friday at all of its 24-hour stores and Take Care
CINCINNATI — Antacid brand Prilosec OTC has named the offensive line of the New Orleans Saints football team, which will play the Indianapolis Colts in this Sunday’s Super Bowl, as the winner of its Madden Most Valuable Protectors Award. Pro Football Hall of Fame coach and commentator John Madden and Prilosec OTC presented the award
NEW YORK — Walgreens chief innovation officer Colin Watts and Herb Sorensen of research firm TNS shared retail and consumer insights with executives from Procter & Gamble, Nestle, S.C. Johnson, Coca-Cola and other consumer packaged goods brands at this week’s Product of the Year USA 2010 awards ceremony. The event, held Tuesday night in New
MEDLEY, Fla. — Blue Gem Enterprise has begun shipping Title Sports Drink and other allied brands to 205 Walgreens drug stores in the greater Orlando, Fla., area. The distributor said this week that the natural energy beverage, made by Miami-based Electric Beverage Co., continues to grow its presence in Florida. "This expansion into central Florida
ALEXANDRIA, Va. — The National Association of Chain Drug Stores Foundation has gone live with an online database that enables the public to find out about the range of services that pharmacists provide. Accessed at www.nacdsfoundation.org/PCD, the Patient Care Database is intended to heighten the public’s awareness of key health care topics, such as medication
WOONSOCKET, R.I. — CVS Caremark Corp. has made its second key market entry in the past two weeks, opening its first drug store in Memphis, Tenn. The pharmacy chain, which opened its first St. Louis stores late last month, said Wednesday the new Memphis CVS/pharmacy is located at 9861 Highway 64. At the grand opening
FORT LAUDERDALE, Fla. — Home Diagnostics Inc. (HDI), a maker of diabetes testing products, has entered an agreement to be acquired by medical device manufacturer Nipro Corp. in a deal valued at about $215 million. HDI said Wednesday that under the pact, Osaka, Japan-based Nipro will buy all outstanding shares of HDI common stock in a
BELLEVUE, Wash. — Continuing its strategy to build one-stop shopping destinations for key categories, drugstore.com has launched an online store for men’s health and grooming products. Called AtHisBest.com, the web site is the first online store dedicated to offering a comprehensive selection of men’s grooming, health, home, fitness, sexual wellness and personal care essentials at
ALEXANDRIA, Va. — Retail pharmacy groups applauded the Obama administration’s plan, as part of its proposed fiscal 2011 budget, to extend the temporary hike in federal Medicaid assistance to the states. The National Association of Chain Drug Stores and the National Community Pharmacists Association said Tuesday the much-needed measure would allocate $25.5 billion for a
CAMP HILL, Pa. — Rite Aid Corp. said customers and associates nationwide have donated more than $765,000 to the American Red Cross International Response Fund to help the victims, families and communities affected by the earthquake in Haiti. The retailer said Tuesday that in the campaign ended January 30, customers were able to donate funds
DEERFIELD, Ill. — Impacted by calendar day shifts, same-store sales at Walgreen Co. decreased for the second straight month in January. Though overall sales were up, the drug store chain said Wednesday that comparable-store sales fell 1.1% year over year in January, which also is down from a 0.3% decline for December. The retailer has
WASHINGTON — The Consumer Healthcare Products Association (CHPA) is urging Mississippi residents to contact state lawmakers to express their opposition to a bill that would change over-the-counter cold and allergy remedies containing pseudoephedrine to prescription drugs. CHPA said that it has provided a phone number for Mississippians to contact legislators (1-866-346-8118) as well as a
