Which events were most significant for chain drug retailing in 2014? As usual, that is not an easy question to answer. In many ways, 2014 was a remarkable year for the chain drug industry, one in which the character of the business was changed, probably irrevocably. The industry assumed a global character for perhaps the
CAMP HILL, Pa. — A flurry of moves this month by Rite Aid Corp. further its growth as a retail health care company. First, Rite Aid unveiled plans to pilot walk-in HealthSpot telehealth stations in the greater Akron/Canton, Cleveland and Dayton/Springfield markets in Ohio. Robert Thompson, executive vice president of pharmacy, said the drug chain
BEVERLY HILLS, Calif. — Rite Aid unveiled the latest incarnation of its Wellness Store format in a grand reopening ceremony at its store in the tony Los Angeles neighborhood of Beverly Hills. On hand at the June 23 event were Rite Aid’s Ken Martindale, president and chief operating officer; Robert Thompson, executive vice president of
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.