June 29, 2017

Before he took over the chairmanship of the National Association of Chain Drug Stores, Walgreens Boots Alliance co-COO Alex Gourlay spoke to Drug Store News about the coming year at NACDS and what still excites him about the business he’s been part of since he was 17 years old. 

June 29, 2017

Rite Aid's Retail Pharmacy Segment revenues were $6.4 billion and decreased 4.9% compared to the prior year period.

June 29, 2017

Walgreens' Retail Pharmacy USA division had third quarter sales of $22.5 billion, an increase of 6.3% over the year-ago quarter.

June 29, 2017
This new agreement replaces the previous merger agreement with Rite Aid, announced in October 2015 and amended in January 2017, as well as the agreement to divest certain Rite Aid stores to Fred’s, announced in December 2016.
 
June 28, 2017
Fred’s said that its board adopted the rights plan following consultation with its advisors, not in response to a specific bid for takeover or acquisition proposal.  
June 28, 2017

Eight pharmacy student winners were awarded a $1,500 scholarship, with matching funds from McKesson.

June 28, 2017

The 4,000 square feet of selling space that includes a full-service pharmacy, two customer service specialist desks and full-service ship-to-store pick up.

June 28, 2017
L’Oréal valued The Body Shop at roughly 1 billion euros when it announced talks with Natura Cosmeticos in mid-June. 
 
June 28, 2017

Naloxone is available upon request at Hy-Vee pharmacies in both nasal spray and injection forms, although, nasal spray is the most commonly used form.

June 28, 2017

Seven LabCorp at Walgreens locations will begin seeing patients in this year, with five patient service centers in Denver, one in Deerfield, Ill., and one in Morrisville, N.C.

June 27, 2017

The two companies imposed the July 7 deadline on the FTC when they certified compliance on May 8, requiring action within 60 days. 

June 27, 2017
The collaboration will offer patients with chronic pain, mobility or balance issues, minor orthopedic injuries and certain post-pregnancy issues an ongoing treatment solution, the companies said.
 
June 27, 2017

Target Restock, available exclusively to Target REDcard members — comes as such rivals as Walmart and Amazon have been expanding similar services.

June 27, 2017

Besides its efforts to provide naloxone in states where regulations allow, Walgreens also has installed safe medication disposal kiosks in 600 pharmacies across the United States.

June 27, 2017

Walgreens said that it credits such tools as Pill Reminder and Refill by Scan for its mobile app’s popularity among those older than 55 years of age — a demographic that makes up 20% of its users. 

June 26, 2017

"[These appointments] will only strengthen our service to vendors and stores alike as we continue our work to be the Favorite Local Supermarket,” stated CMMO Shane Sampson.

June 26, 2017

Under the two companies’ new agreement, Nielsen will offer the chain an expanded market measurement, as well as consumer targeting services and a dedicated Nielsen support team. 

June 26, 2017

Supervalu COO and CFO Bruce Besanko will be departing the company for another opportunity, effective July 5, the company said. 

June 26, 2017

The co-branded sites are set to launch at select stores in Florida and Texas, initially offering lab testing services with the expectation that they will expand to include other basic healthcare services.

June 23, 2017

Other notables from the retail pharmacy industry include George Barrett, CEO Cardinal Health at No. 77 and Craig Jelinak , CEO Costco, at No. 88.

June 23, 2017

A new report from JDA Software Group is highlighting the fact that retailers tend to fall short in their ability to derive actionable insights from the mountain of consumer data they have access to. 

June 23, 2017

According to the report, 48.8% of retailers surveyed reported increases in inventory shrink, while only 16.7% said it remained flat.

June 23, 2017

GMDC’s Center Store: Essential for Total Store Growth report highlights the fact that such elements as nonfoods, grocerants and in-store health clinic can play a big role in improving customer experience and combating food price deflation, loss to online sales in impulse categories and changing shopper interests. 

June 22, 2017

Jason Reiser, most recently Vitamin Shoppe’s EVP and COO, brings with him to Dollar General more than 30 years’ experience in retail management, private brand sourcing and regulatory affairs.