Content about Companies listed on the New York Stock Exchange

January 30, 2014

Rite Aid's January same-store sales increased 1.8%, beating out an analyst projection of a 0.5% increase in overall comparable-store sales. Total drug store sales for the four weeks ended Jan. 25 increased 1.5% to $1.9 billion.

January 29, 2014

Tough comparisons against a robust flu season last year and the continued lackluster economy may put a chill in pharmacy comps for the month of January, wrote Credit Suisse research analyst Ed Kelly.

January 29, 2014

Kroger and Harris Teeter supermarkets announced that the merger transaction between the two companies was completed on Jan. 28, 2014.

January 29, 2014

Rite Aid announced that associates in its corporate offices located throughout the greater Harrisburg area raised $613,555 during its 2013 fundraising campaign for the United Way of the Capital Region.

January 24, 2014

McKesson announced that it has reached an agreement with Franz Haniel & Cie. GmbH to acquire its entire holding of Celesio shares for 23.50 euros per share (US $32.24 per share).

January 24, 2014

Target is looking to open a new, smaller — much smaller — store in the base of an apartment building currently under construction near the University of Minnesota campus that will serve as a test for the new format dubbed TargetExpress, the New York Times has reported.

Clearly, the trend toward smaller continues. First it was Walmart Express and then CityTarget’s 80,000- to 125,000-sq.-ft. footprint, and now the even tinier TargetExpress. In fact, taking a look back at DSN’s “12 for 2012” story, which examined trends and issues impacting retail pharmacy in 2012, smaller formats were highlighted as one trend to watch. Obviously, it’s still one to watch.

January 23, 2014

Kroger is test-marketing the giving of 1,000 "fuel points" toward discounted gas for each transferred prescription vs. the traditional $25 Kroger gift card, according to a blog published on the Houston Chronicle website Wednesday.

January 23, 2014

Valeant Pharmaceuticals International on Thursday announced the expiration of the tender offer by a subsidiary of Valeant Pharmaceuticals International to purchase all of the outstanding shares of Solta Medical for $2.92 per share in cash, without interest (less any applicable withholding taxes).

January 23, 2014

Due in part to the new Walgreens pharmaceutical business, AmerisourceBergen on Thursday reported revenue of $29.2 billion, up 38.5%, for its fiscal year 2014 first quarter ended Dec. 31.

January 22, 2014

In light of the changing healthcare landscape due to healthcare reform, Target is discontinuing part-time health insurance coverage for its stores’ part-time associates, beginning April 1, according to a report in Target’s Bullseye View.

January 21, 2014

Kroger on Tuesday named Jay Cummins president of the Smith's Food and Drug Stores division and Joe Fey president of Kroger's Mid-Atlantic division.

January 20, 2014

Kroger's board of directors declared a quarterly dividend of 16.5 cents per share to be paid on March 1, to shareholders of record as of the close of business on Feb. 15.

January 13, 2014

Rite Aid's philanthropic arm will donate water for areas of West Virginia affected by a recent chemical spill, the retail pharmacy chain said Saturday.

January 9, 2014

A deal announced last month between CVS Caremark and Cardinal Health created a joint venture that the companies said would be the largest generic drug sourcing entity in the United States.

January 9, 2014

Rather than take vacation for Christmas and New Year’s, the editors of DSN worked to compile a list of the top 10 trends that will shake up the business in 2014.

January 8, 2014

Aetna has announced that Walmart and Sam’s Club pharmacies have been added to the preferred pharmacy network of the Aetna CVS/pharmacy Prescription Drug Plan as of Jan. 1.

January 3, 2014

According to reports, as many as 2.1 million Americans signed up for new insurance coverage that went into effect Jan. 1. However, even though these newly insured people had coverage, what they perhaps didn't have was the identification card to process claims, such as prescriptions, for example. But don't worry, retail pharmacy was fast to the rescue, offering those 2.1 million patients who had obtained insurance through a health exchange the benefit of the doubt and a 30-day supply of their prescriptions at no upfront cost once their coverage was verified.

January 3, 2014

Rite Aid reported a 2.9% increase in same-store sales for the month of December, the retail pharmacy chain said Friday.

January 2, 2014

The Kroger Co. has joined the list of retailers offering supplies of prescription drugs at no upfront cost to customers who have enrolled in the health insurance marketplaces, but have yet to receive an identification number.

December 27, 2013

Despite concerns about the performance of its new Canadian division expressed in the wake of its third-quarter earnings last month, Target said it received quite a lot of shoppers on Boxing Day.

December 23, 2013

The chief executive of Target is reaching out to consumers in the wake of the widespread hacking of credit and debit card data at Target stores that the company confirmed last week.

December 20, 2013

Rite Aid is extending store hours and featuring gift items as the holiday shopping season comes to an end, the retail pharmacy chain said Friday.

December 19, 2013

Bristol-Myers Squibb is selling its diabetes business to AstraZeneca for up to $4.3 billion as part of an effort to focus more on specialty drugs, the company said Thursday.

December 19, 2013

Rite Aid appears to be transitioning from a turnaround phase to one in which it's looking more toward future opportunities, company executives suggested in a conference call Thursday morning when announcing the chain's third quarter 2014 results.

© 2014 Drug Store News. All Rights Reserved.