July 30, 2012

Everybody loves a comeback story, and it looks as though the pharmacy retail industry has one of its own in the making as Rite Aid’s latest earnings report showed another strong quarter for the Camp Hill, Pa.-based chain, which has been steadily growing its sales and narrowing its losses for several quarters already.


July 30, 2012

Retired KPMG International chairman Timothy Flynn was named to the Walmart board of directors on Monday amid ongoing investigations into whether the company violated the Foreign Corrupt Practices Act.

July 27, 2012

With the Supreme Court maintaining a status quo of sorts with regard to the Patient Protection and Affordable Care Act last month, retail pharmacy operators are going to need to continually drive efficiencies into their businesses, McKesson chairman and CEO John Hammergren noted during the wholesaler's first-quarter conference call.

July 25, 2012

Coty CEO Bernd Beetz is retiring from the beauty company, effective Aug. 1, and will be succeeded by Michele Scannavini, who has been president of Coty Prestige for the past decade.

July 23, 2012

GNC Holdings on Friday elected company president and CEO Joseph Fortunato to serve as chairman.

July 20, 2012

The Estée Lauder Cos. — whose brand portfolio includes Bumble and Bumble, American Beauty, Aveda and La Mer — has appointed Tracey Travis as EVP and CFO.

July 20, 2012

Prescription drug abuse and diversion merit a coordinated response across federal agencies, and pending legislation can advance this unified approach, stated National Association of Chain Drug Stores president and CEO Steve Anderson in a letter to senators.

July 12, 2012

Anti-aging skin care brand StriVectin announced that Melisse Shaban has been elevated to chairman and JuE Wong has been appointed CEO.

July 12, 2012

Walgreens on Thursday named James Skinner, Walgreens board member since 2005 and recently retired McDonald's CEO, as the new nonexecutive chairman of the board of Walgreens.

July 11, 2012

Tongue cleaner manufacturer Orabrush has added David Kelley, founder and chairman of the global innovation and design firm IDEO, and Mikel Chertudi, senior director of global media and demand marketing at Adobe, to its recently formed advisory board.

June 25, 2012

The chairman of SXC Health Solutions has been honored with an award that recognizes entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities.

June 18, 2012

The Natural Products Foundation on Monday named the three recipients of its 2012 NPF Scholarship.

June 13, 2012

As the U.S. Senate and House reconcile their versions of the Prescription Drug User Fee Act, the National Association of Chain Drug Stores on Wednesday urged U.S. House and Senate leaders to expand provisions in the final bill to help ensure that Americans continue to have access to safe and effective prescription medications, while also curbing prescription drug abuse.

June 6, 2012

SymphonyIRI Group on Wednesday announced that Andrew Appel has joined the company as president and CEO.

June 4, 2012

The Global Market Development Center has awarded Jerry Brown its 2012 Lifetime Achievement Award.

June 1, 2012

WebMD has tapped Pfizer's group president of animal health, consumer health care and corporate strategy to serve as its new chief executive.

May 31, 2012

Ric Jurgens spent the past 43 years working for and building Hy-Vee into a strong regional chain, and later this summer his accomplishments will be acknowledged by the Grocery Manufacturers Association when he receives the organization’s Hall of Achievement Award.

May 29, 2012

The House of Representatives will vote to repeal limitations on the use of tax-advantaged accounts for the purchase of over-the-counter medications as early as June 4, according to a report published online by The Hill, a Washington, D.C.-based political newspaper.

May 29, 2012

Rite Aid has appointed president and CEO John Standley as chairman, the retail pharmacy chain said Friday.

May 29, 2012

Generic drug maker Sun Pharmaceutical Industries appointed a new chairman as the company announced big jumps in fourth-quarter and fiscal year 2012 sales and profits.

May 24, 2012

After announcing the retirement of its leader last December, Hy-Vee has named a new chairman and CEO.

May 17, 2012

According to findings in two America's Research Group surveys — conducted in late March and in late April — the number of Americans delaying their shopping to Memorial Day weekend is at an all-time high.

May 7, 2012

The National Association of Chain Drug Stores and the National Community Pharmacists Association today expressed concerns in a letter sent to Senate Armed Services Committee and House Armed Services Committee leaders over the potential impact of the administration’s fiscal year 2013 budget on Tricare beneficiaries and community pharmacy.

May 1, 2012

Innovate or stagnate into irrelevance. That’s the message chain pharmacy leaders had for their colleagues at last week’s National Association of Chain Drug Stores’ 2012 Annual Meeting in Palm Beach, Fla.