March 4, 2014

Drug Channels on Tuesday sized up the specialty pharmacy market. Last year specialty drugs accounted for 22% of all pharmacy revenue, and 63% of the specialty business is dispensed by three companies: Express Scripts, CVS Caremark and Walgreens.

January 7, 2014

Retail pharmacy veteran Dan Haron has been appointed CEO of NuScriptRx, which serves the pharmaceutical needs of long-term care facilities and their residents, according to published reports.

November 18, 2013

Chain Store Guide on Friday released its latest analysis on the recently-completed Kerr Drug acquisition by Walgreens.

September 10, 2013

Walgreens announced its acquisition of Kerr Drug, a privately-held regional pharmacy chain in North Carolina, to include both Kerr's retail drug stores and specialty pharmacy business.

July 23, 2013

François Coutu has resigned from Rite Aid's board, effective Oct. 31, 2013, Rite Aid said in a filing with the Securities and Exchange Commission.

July 18, 2013

In a filing with the Securities and Exchange Commission Wednesday, the Quebec-based pharmacy retailer announced that it would sell 65.4 million shares in Rite Aid at a price of $183.1 million.

April 21, 2013

It's official. During its most recent quarterly conference call with analysts, CVS Caremark revealed what many had anticipated: Its acquisition of privately held Brazilian drug store chain Drogaria Onofre was complete.

February 8, 2013

Retired Eckerd president Harry Lambert, age 79, died on Wednesday, Feb. 6, after a long battle with Parkinson's disease.

December 14, 2012

CVS/pharmacy and Medicine Chest Pharmacy announced on Friday that CVS will acquire 19 Medicine Chest drug stores in Texas during the last weekend of December.

September 14, 2012

Walgreens announced plans to close more than half of the stores it is acquiring in its deal with USA Drug.

April 20, 2012

The Jean Coutu Group has sold 56 million of its approximately 234.4 million shares in Rite Aid, the company said Friday.

March 19, 2012

Walgreens might be willing to acquire Rite Aid if it can't settle an ongoing contractual dispute with one of the country's largest pharmacy benefit managers, Walgreens' former CEO said in a conference call with investors Monday.

March 19, 2012

A miniature version of the spike in stock market activity that followed speculation about the prospects of a Walgreens-Rite Aid merger happened on Drug Store News' website as a quick writeup about the potential deal became the most-read story on the site. But for all the buzz that Credit Suisse analyst Edward Kelly created with his report, a Walgreens-Rite Aid merger appears pretty unlikely on closer inspection.

March 14, 2012

Shares of Rite Aid crossed the $2 mark Wednesday afternoon following analyst speculation about the prospects of a takeover by Walgreens, according to published reports.

February 27, 2012

Rite Aid has closed a bond offering that it issued earlier this month to refinance its debt, the company said Monday.

January 24, 2012

Northern New York retail pharmacy chain Kinney Drugs has hired two new people to its management team, the company said Tuesday.

July 25, 2011


When Rite Aid chairman Mary Sammons accepted the Sheldon W. Fantle Lifetime Achievement Award at the National Association of Chain Drug Stores’ Annual Meeting in Scottsdale, Ariz., in May, it was the culmination of a career that had seen Rite Aid emerge from a period of darkness that had lasted more than a decade.


November 18, 2010

The Jean Coutu Group may be only biding its time before making another go at...

November 11, 2010

The Emerson Group recently announced that 37-year industry veteran Daryl Beck has joined the company...

September 12, 2010

Rite Aid’s road back to black still is long and pocked with challenges, but it’s...

March 30, 2010

Rite Aid revenues dropped 2.4% for its fiscal year ended Feb. 27, the chain reported...

January 10, 2010

Filling a void created by the departure last month of merchandising guru Chong Bang, Walgreens...

November 6, 2009

Divesting itself of its West Coast store base certainly would place Rite Aid in a...