Drug Store News will be closed for Christmas, Dec. 24 through Dec. 26, and will publish again, Monday, Dec. 29. The editors and publishers of DSN would like to wish you and your families our very best wishes for a happy, healthy and joyous holiday.
In not-unexpected news, Family Dollar has delayed its shareholder vote on a potential acquisition by Dollar Tree.
Shares of Walgreens were on the rise in pre-market trading Tuesday morning, as Walgreens reported a 16.4% lift in quarterly profit to $809 million that was credited to the 222 million prescriptions filled in the first quarter ended Nov. 30.
AB Acquisition LLC (Albertsons) and Safeway have entered into agreements to sell 168 stores across eight states to four buyers — Associated Food Stores, Associated Wholesale Grocers, Supervalu and Haggen.
The University of North Carolina at Chapel Hill received a $100 million donation to the UNC Eshelman School of Pharmacy from alumni Fred Eshelman, founder and CEO of Pharmaceutical Product Development and founding chairman of Furiex Pharmaceuticals. The committment will be used to create a center within the pharmacy school named the Eshelman Institute for Innovation.
For the latest edition of the DSNTV Executive Viewpoint series, Bruce Montgomery, VP North American and South American sales for healthcare company Fleet Labs shared with DSN how the company has evolved in recent years and is working on a continuum of brand awareness, to brand preference and, ultimately, to brand insistence.