March 22, 2011

Walgreens announced on Tuesday record sales and earnings for the second quarter as it celebrated a milestone of filling 1-in-every-5 retail prescriptions for the first time in the company's history.

March 22, 2011

With record second-quarter sales and earnings under its belt, a grasp on 20.1% of the retail prescription drug market and a sharpened focus on core assets, Walgreens' executives expressed optimism on future growth — despite such external challenges as a soft economy and continued pressure on Medicaid reimbursement — and reiterated the company's focus on core strategies.

March 21, 2011

Following the recent sale of Walgreens' pharmacy benefit management business, Credit Suisse analysts said they are interested in the executive team's updated thinking on their healthcare strategy and plans for the $550 million in proceeds.

March 21, 2011

Nature's Health Connection said its over-the-counter pain-relief cream has garnered record retail sales.

March 18, 2011

The Doobie Brothers once recorded a song called "Taking It to the Streets," and that's kind of what Walgreens did when two top executives last week took the message of the changing role of the community pharmacist on the road.

March 17, 2011

New federal and state regulations are expanding the role of the pharmacist, noted Richard Ashworth, Walgreens VP pharmacy services, during a live “Health Chat” hosted by Chicago Tribune reporter Bruce Japsen on Thursday afternoon. And that’s of benefit to patients at large, especially as “community pharmacy is located in the local communities and [is] a natural extension of the healthcare system,” Ashworth wrote.

March 16, 2011

The value in enabling innovation and niche marketing at the store level was evidenced in a Journal-Advocate report Tuesday around the introduction of an innovative healthcare product that was picked up across three individual Walgreens.

March 16, 2011

Walgreens on Wednesday donated $150,000 to the American Red Cross in response to the earthquake that struck Japan last week. The company also will match employee donations up to $100,000.

March 16, 2011

One of the nation's largest drug store chains announced its sponsorship of nationwide life-saving trainings hosted by the American Red Cross.

March 15, 2011

Atico International USA issued a voluntary recall of 57,000 holiday rattle baby slippers amid a choking hazard, according to the Consumer Product Safety Commission.

March 15, 2011

Hitting select mass retail locations in April is the new FX Wild Harvest Hydra Silk collection, which contains a blend of natural, wild ingredients harvested from different regions of the world to make hair shiny, thicker and fuller.

March 15, 2011

The evolving role of the pharmacist and the growing impact of pharmacist interventions on clinical outcomes were discussed Tuesday by Walgreens chief medical officer Cheryl Pegus at the 11th annual Population Health and Care Coordination Colloquium.

March 14, 2011

Beginning in mid-March, the AARP/Walgreens Wellness Tour will embark on another 10-month tour to provide an expected $14 million worth of free health tests.

March 14, 2011

Joe Magnacca brings to bear a menagerie of merchandising savvy that will help Walgreens on its way to well. That savvy includes some "old world" retailing perspective by way of Canada’s Shoppers Drug Mart, where a focus on beauty and convenience is paramount. And his recent meteoric rise through the ranks of Duane Reade is testament to just how well he connected with the denizens of the most-populated city in the United States through enhanced merchandising and marketing.

March 14, 2011

A lot was made of Walgreens' sale of its pharmacy benefit management business to focus on its stores and the other parts of its business, with some analysts and pundits suggesting CVS should or might soon follow suit. Whether or not CVS Caremark decides to do the same remains to be seen, but it certainly isn't the foregone conclusion some have suggested it might be.

March 11, 2011

Walgreens has expanded Joseph Magnacca's role at the drug store chain by appointing him president of daily living products and solutions.

March 10, 2011

ScarAway announced that two drug wholesalers now will carry its over-the-counter scar care products.

March 9, 2011

Walgreens on Wednesday sold its pharmacy benefit management business, Walgreens Health Initiatives, to Catalyst Health Solutions in a cash transaction for $525 million, subject to certain adjustments. The transaction is structured as an acquisition of all of the capital stock of WHI.

March 8, 2011

Cheryl Pegus, chief medical officer at Walgreens, will make a presentation during the 11th annual Population Health and Care Coordination Colloquium in Philadelphia next week.

March 4, 2011

The drug store channel isn’t maximizing its potential in the consumer electronics category.

March 4, 2011

Walgreens’ winning of an award for its MTM services came right before it joined the Care Continuum Alliance — a group of more than 200 stakeholders that provide such services as wellness and prevention programs and management of chronic conditions — of which CVS Caremark already was a member.

March 4, 2011

With pharmacists across the country now able to administer vaccinations, the Department of Health and Human Services’ plan came at just the right time.

March 4, 2011

Walgreens on Friday joined the Care Continuum Alliance, an alliance of more than 200 stakeholders providing services across the continuum of care — from wellness and prevention to chronic condition management and complex care management.

March 3, 2011

Walgreens on Thursday posted sales growth of 8.7% to $18.5 billion for its second quarter ended Feb. 28.