Safeway shares dropped dramatically Thursday morning as the company reported $10 billion in sales for its first quarter 2013 ended March 23, which is essentially flat as compared with the first quarter of 2012.
The House Committee on Energy and Commerce Subcommittee on Health heard testimony on Thursday morning from representatives of the Food and Drug Administration and several industry trade groups following the introduction of draft legislation that sponsors said would strengthen the country's pharmaceutical supply chain.
TORONTO — Shoppers Drug Mart announced on Thursday that first quarter sales rose 3.8% thanks to strong volume in pharmacy and continued sales and market share gains at the front end. The company also indicated that it remains on the acquisition track and is "carefully" watching as Target bolsters its presence in Canada.
Palm Beach, Fl — NACDS Annual Meeting concluded here, Tuesday night, with the Board of Directors Dinner and the annual presentation of the industry’s lifetime achievement award.
Renamed the Sheldon W. Fantle Lifetime Achievement Award in 1996 in honor of People’s Drug Stores’ Bud Fantle, the award was originally established in 1989 to recognize exceptional accomplishments and contributions to the industry.
Target will renovate libraries at more than two dozen schools in need across the country this year under a program that will also include book donations and technology upgrades, as well as the option to have a Target-supported food pantry built, the mass merchandise retailer said.
The Foundation for Health Smart Consumers has announced a major expansion of its smoking cessation initiative through the Inspire Program, which will launch at the annual Retail Clinician Education Congress held in May in Las Vegas.
Unnecessary spending related to medications totaled nearly half a trillion dollars last year, and much of that was in the poorest states in the country, according to pharmacy benefit manager Express Scripts.
As the retail pharmacy industry continues to explore outcome-based solutions to help drive down the cost of overall health care, incoming National Association of Chain Drug Stores chairman Robert Narveson pointed to the oath a pharmacist takes for inspiration during his inaugural address here before attendees of the 2013 NACDS Annual Meeting.