GNC Thursday evening announced its initial public offering of 22.5 million shares of its Class A common stock at an opening price of $16 per share.

Front-end sales rendered positive results for Shoppers Drug Mart during the fourth quarter, the Canadian drug store chain said.

According to the National Retail Federation, the average person will spend more than $116 on Valentine’s Day, and shoppers will spend 11% more at flower shops, candy stores and retailers this year than last year.

Even as the big get bigger, it appears that the industry’s top regional chains continue to grow in relevance and importance in the markets they dominate. Drug Store News profiles 10 of the industry’s top regional pharmacy chains, with a special focus on what these companies are doing to create a unique definition of health and wellness that resonates with local shoppers.

Bankrupt grocer A&P has announced that the U.S. Bankruptcy Court for the Southern District of New York has approved the $800 million debtor-in-possession financing provided by JPMorgan Chase. Of the total DIP facility, a $350 million term loan immediately has been made available.

Winning Brands will make its Winning Colours Stain Remover available in 100 Duane Reade locations...

There may be a silver lining within Rite Aid's second-quarter results that were released Thursday,...

Duane Reade chairman and CEO John Lederer is moving on to serve as the new...

Rite Aid on Tuesday announced that the New York Stock Exchange has notified the company...

A Toronto-based pharmacy chain reported continued growth in sales and net earnings for its second...

Rite Aid once again is gearing up for the kick off of the Skin Cancer...