November 26, 2013

Pacific West Lab & Packaging introduces COOLSPIKES Spiking and Holding products. Sought after and used by the trendy generation Y and Salon professionals to create fancy Mohawks and Spikes, COOLSPIKES is a line of premium blended, Alcohol-Free Gels and Styling aids that deliver maximum hold and shine. COOLSPIKES products are compounded with fantastic, fresh custom fragrances for young men and women. They love it!

November 26, 2013

Moody's on Tuesday cut against the grain with its holiday forecasts by suggesting pent-up demand will help give retailers a reason to celebrate Black Friday despite concerns of another government shutdown in January.

November 21, 2013

Target Corp. posted sales of $17.3 billion in third-quarter 2013, a 4% increase over the same period last year, and a $341 million profit, down by 46.4% from a year ago, the mass merchandise retailer said Thursday.

November 19, 2013

Kroger on Tuesday announced its succession plan for secretary and general counsel.

November 19, 2013

Rite Aid had a ribbon-cutting ceremony to debut its newly remodeled Wellness store in New York's West Village neighborhood Tuesday.

November 18, 2013

AmerisourceBergen on Monday announced the launch of the company’s new Pharmacy Ownership Program, a new network with resources established to assist independent community pharmacists in selling their business to prospective buyers or expanding their current business to additional locations.

November 15, 2013

Rite Aid is testing a revamped beauty section in at least one of its Genuine Well Being stores, in New York's West Village. Dubbed Beauty Vision, the section features a wider assortment of brands, a spruced-up look and a Beauty Vision adviser who can help customers learn about various brands and products. The chain is promoting the new concept with a special event on Tuesday featuring Eddie Funkhouser, creator of the eponymous cosmetic brand.

Assuming president Obama's healthcare reform initiative works out - notwithstanding the rough start it's had so far - and tens of millions of uninsured Americans get healthcare coverage, it's going to mean a lot of potential new customers for pharmacy retailers. But while that will drive script count and get people through the door, it will also drive pharmacy margins down. This means retailers will need to do more to make themselves stand out in the front end, and one of the best ways to do that is with beauty.

DSN took a close look at Rite Aid's new beauty concept this week. See it for yourself.

November 15, 2013

The Food and Drug Administration has approved a new drug for fungal infections of the skin made by Valeant Pharmaceuticals International, the drug maker said Friday.

November 13, 2013

Kroger on Wednesday announced today it was named the 2013 Retailer of the Year by Wine Enthusiast magazine.

November 12, 2013

Rite Aid has elected the president and CEO of Catholic Health Initiatives to its board of directors, the retail pharmacy chain said Tuesday.

November 11, 2013

Target will make use of its omnichannel offerings for Black Friday, the mass-merchandise retailer said Monday.

November 8, 2013

You could call it a who’s who of the industry.

With a record-breaking crowd expected on hand, The Drug Store News Group has assembled an all-star lineup of some of the leading retail merchants and marketers in the industry for its 15th annual Industry Issues conference next month.

November 8, 2013

Kroger, already the market share leader among traditional grocers in Dallas-Fort Worth, is expanding its presence in one of the largest metropolitan regions in the United States, the company announced Friday.

November 8, 2013

The drug store sector makes for a sound investment for investors of all stripes, according to a Motley Fool report published Thursday.

November 8, 2013

One year after DSN’s groundbreaking ‘Gets Well’ issue, Rite Aid keeps growing profits and cred with shoppers and Wall St.

November 8, 2013

Like any company looking to stage a turnaround, Rite Aid has employed multiple tactics to return to profitability and win back investors’ favor, but few of those programs have been as important to the chain’s efforts as its loyalty card program.

November 8, 2013

Rite Aid’s efforts to convert the chain to the new Wellness store format have been running smoothly for a couple of years now, but it was this year that the chain reached two key milestones.

November 6, 2013

The board of directors of AmerisourceBergen on Tuesday increased the company’s quarterly dividend rate 12% to $0.235 per common share from $0.21 per common share.

November 4, 2013

Target is extending its hours during holiday shopping season at its Canadian stores, the mass-merchandise retailer said Monday.

November 1, 2013

Grocer Harris Teeter posted an increase in fiscal 2013 sales and same-store sales.

October 31, 2013

AmerisourceBergen announced on Thursday that fourth quarter revenue rose 28.3% as it gains “strong momentum” heading into fiscal 2014.

October 31, 2013

Rite Aid's same-store sales increased by 2.1% this month compared with October 2012, the retail pharmacy chain said Thursday, also issuing an estimate of the negative effects of Hurricane Sandy on its sales.

October 30, 2013

A division of Kroger Co. has placed an initial order for Alkaline88, a bottled water brand produced using a proprietary electrolysis beverage process.

October 25, 2013

With is proposed acquisition of German wholesaler Celesio, McKesson creates a global distribution enterprise on the scale of Walgreens, Alliance Boots and AmerisourceBergen before them. In addition to wholesaling, Celesio operates about 2,200 pharmacies across six countries and is the No. 2 operator in the United Kingdom.

Retail pharmacy and drug sourcing both are more and more becoming a global business. Just last week, the head of the second-biggest drug chain in Brazil announced he would be open to a buyout. So expect more of these headlines in the months to come.