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drug chain

Walgreens begins new phase in transformation

When the history of Walgreen Co. is written, Greg Wasson, who last month announced that he would step down as chief executive officer of the drug chain upon completion of its merger with Alliance Boots, will be seen as one of the company’s most consequential leaders. A product of the Walgreens system who joined the

Rite Aid, McKesson expand distribution relationship

Rite Aid, McKesson expand distribution relationship

CAMP HILL, Pa. — Rite Aid Corp. and McKesson Corp. have expanded their distribution agreement to cover a longer time frame and include both generic and brand-name drugs. The companies said Tuesday that the new five-year agreement runs to March 2019. The deal marks a second extension of Rite Aid and McKesson’s primary distribution relationship.