July 10, 2013

According to a report published Monday in the Detroit Free Press, Kroger will create as many as 2,000 jobs throughout Michigan as the national grocer continues to grow marketshare across its core markets, even as the chain seeks a Southeastern foothold with the acquisition of Harris Teeter announced yesterday.

July 9, 2013

Kroger on Tuesday announced a definitive merger agreement under which Kroger will purchase all outstanding shares of Harris Teeter for $49.38 per share in cash as part of a deal valued upward of $2.5 billion.

July 8, 2013

Target co-founder Douglas Dayton passed away during the weekend, according to published reports. He was 88.

July 2, 2013

Covidien has finished spinning off its pharmaceuticals division, the medical products maker said.

June 28, 2013

The pharmacy retail landscape may be growing increasingly competitive but independent pharmacy has an advantage — it’s in the sweet spot of providing quality patient care and personalized customer service, which independent pharmacy know how to do very well. That was a key message that new Health Mart president Steve Courtman had for attendees of the Health Mart Annual Meeting on Friday at McKesson ideaShare 2013.

June 27, 2013

Canadian retail pharmacy chain the Jean Coutu Group continued offloading its shares in Rite Aid as it announced Wednesday the sale of 72.5 million shares in the Camp Hill, Pa.-based drug store chain.

June 27, 2013

McKesson Pharmacy Systems & Automation introduced its new McKesson Mobile Delivery app, here, Thursday, at McKesson ideashare 2013.

June 27, 2013

McKesson ideaShare 2013, kicked off Wednesday, at the Venetian Casino and Resort, with all the energy and excitement that IS Las Vegas, providing a forum for community pharmacy leaders from across the nation to share ideas and best practices, and to learn about cutting edge products and services to help drive better business results and improve patient outcomes.

June 24, 2013

Kroger on Friday announced it has named Rick Going president of the company's new Nashville division, Calvin Kaufman president of the new Louisville division, Jayne Homco president of the Michigan division and Erin Sharp group VP of Kroger manufacturing.

June 24, 2013

Fresh off its third consecutive profitable quarter, Rite Aid has appointed Ken Martindale as president and COO, the retail pharmacy chain said Monday.

June 24, 2013

Rite Aid reported its third consecutive profitable quarter Thursday, with profits of nearly $90 million, following the introduction of the largest expansion of its Wellness+ loyalty card program, dubbed Wellness65+, and days before the promotion of COO Ken Martindale to president of the company.

The 4,615-store drug chain has been on a roll lately, continuing to benefit from the switch from branded to generic drugs and the retention of last year's dispute between Walgreens and Express Scripts.

June 20, 2013

Kroger posted sales of $30 billion and profits of $481 million in first quarter 2013 as it slowly grew its online business and foresaw increased investment in new markets and increased square footage in its stores.

June 20, 2013

Rite Aid posted its third consecutive profitable quarter Thursday morning as it launched the largest extension to date to its loyalty card program and continued growing the latest iteration of its new store format.

June 20, 2013

Tris Pharma has hired a former buyer from AmerisourceBergen to head its generic drug business, the company said.

June 19, 2013

Rite Aid is offering to buy back $810 million worth of debt while increasing the amount of a new bond sale announced Tuesday, the retail pharmacy chain said.

June 19, 2013

Rite Aid is launching an extension to its Wellness+ loyalty card program aimed at elderly customers, the retail pharmacy chain said Wednesday.

June 18, 2013

Kroger is looking to open six additional Little Clinic locations within its stores in Ohio this summer and plans to expand its relationship with Ohio State University’s Wexner Medical Center, according to a local news report.

June 17, 2013

They call it “idea-share” for a reason. Attendees of this year’s McKesson ideaShare 2013 Conference, which will be held, from June 26 through 30, at The Venetian Casino and Resort, will be exposed to some of the best thinking and new ideas for improving their independent pharmacy businesses. From topnotch speakers, continuing education sessions, hands-on workshops and business coaching seminars, McKesson ideaShare 2013 will offer independent pharmacy owners myriad opportunities to capitalize on today’s business climate.

June 17, 2013

Stephen Courtman, president of Health Mart, discusses what's new for Health Mart members at McKesson ideaShare this year and what's next for the independent pharmacy network.

June 17, 2013

Rite Aid announced a new debt-refinancing plan, the second such plan in two weeks.

June 13, 2013

Target Corp. has increased quarterly payments to shareholders to 43 cents per share, the mass merchandise retailer said.

June 12, 2013

Rite Aid will offer free informational resources in its stores and online on summer skin care, as well as sponsoring a cross-country tour offering full-body skin cancer screenings, the drug store chain said Wednesday.

June 6, 2013

Rite Aid's same-store sales decreased by 1.5% in May as the shift to generic drugs continued to offset front-end comps, the retail pharmacy chain said.

June 5, 2013

McKesson Corp. will host community pharmacy owners and pharmacists at the McKesson ideaShare 2013 Conference, June 26-30, at the Venetian Resort Hotel in Las Vegas, the wholesaler announced.