July 24, 2014

Despite a still-challenging economic climate, Loblaw’s profit in the second quarter beat analysts’ expectations, and was bolstered by strong sales in its recently acquired Shoppers Drug Mart.

October 28, 2013

Shoppers Drug Mart and Morneau Shepell, a provider of employee assistance programs and pension and benefit services, are working together to provide Morneau Shepell's clients with a more convenient way to offer flu vaccines to their employees.

September 12, 2013

Shoppers Drug Mart announced on Thursday its shareholders voted in favor of the proposed acquisition by Loblaw Cos.

September 3, 2013

Shoppers Drug Mart announced on Tuesday that it has received support from two independent proxy advisory firms for its planned acquisition by Loblaw Cos.

March 27, 2013

With the prevalence of chronic disease conditions on the rise, Great-West Life, a provider of drug plan management solutions, and Canadian pharmacy retailer Shoppers Drug Mart have entered into an agreement to introduce two new health support programs for Great-West Life clients.

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 26, 2012

McKesson on Monday announced that it has completed the previously announced acquisition of the independent banner and franchise businesses of Katz Group Canada in an all-cash transaction that closed March 25.

February 3, 2012

The move by Katz Group to shed its independent and franchise businesses marks a shift in the Canadian market and likely sets the stage for even more changes north of the border. And while it remains unclear just how the pharmacy retail landscape in Canada will look in the years ahead, what is clear is that the winds of change are blowing, and industry eyes will remain fixed on the Canadian market, perhaps now more than ever.

January 31, 2012

In an effort to strengthen its focus on its corporate-owned Rexall and Rexall/Pharma Plus store network, Katz Group Canada has signed a definitive agreement to sell its banner pharmacy business, Drug Trading, and its franchise pharmacy business, Medicine Shoppe Canada, to McKesson for about CAD $920 million in cash.

July 29, 2011

A little less than a month following the company's IdeaShare 2011 conference held in San Francisco, McKesson reported a strong first-quarter headwind that will help support many of the initiatives announced at the show, particularly for its Health Mart independent pharmacy group.

May 18, 2010

Shoppers Drug Mart has inked a deal with Sony to revitalize the Canada-based drug store...

March 28, 2009

As parent company AmerisourceBergen merged more of its old Family Pharmacy network of independent drug stores and store-support services into its resurgent Good Neighbor Pharmacy operations and marketing umbrella, GNP has continued a rapid growth spurt and muscled its way into the top tier of national drug store brands.

September 18, 2007

Shoppers Drug Mart, already a formidable national drug store competitor north of the border, will...