RITE AID

DEERFIELD, Ill.  - Walgreens Boots Alliance and Rite Aid Thursday morning announced that, in accordance with the terms of their merger agreement dated Oct. 27, 2015, they have mutually agreed to extend the end date of their merger agreement from Oct. 27, 2016 to Jan. 27, 2017.

The companies now expect the transaction will close in early calendar 2017.

DEERFIELD, Ill. - Walgreens Boots Alliance on Thursday posted adjusted diluted net earnings per share for the quarter ended Aug. 31 of $1.07, representing an increase of 21.6% and eight cents higher than Wall Street analyst expectations. Walgreens Boots Alliance also beat analyst expectations of adjusted earnings of $4.51 per share by delivering adjusted earnings of $4.59 per share.

You could call it a retail all-star team.

With just weeks to go before its annual Industry Issues Summit conference — one of the most highly-anticipated, must-attend events on the drug store industry calendar — Drug Store News has announced another top-tier roster of some of the most talented and creative retail executives in the business for the annual thought-leadership/networking event.

The shave category is trying to get its groove back. With the exception of razors, where sales are up a healthy 10.6% for the 52-week period ended Sept. 4, 2016, as tracked by IRI across multi-outlets, all of the other categories in shave are down.

(To view the full Shave Report, click here.)

DEERFIELD, Ill. - Both Walgreens and Rite Aid on Thursday joined prominent Florida retailers in helping victims of Hurricane Matthew.

 CAMP HILL, Pa. - To celebrate American Pharmacist Month, Rite Aid is asking customers nationwide to recognize their favorite pharmacy team member through its 13th annual Vote for Your Favorite Pharmacy Team Member Contest.

Rite Aid and Kinney Drugs are helping to fund a project at the Albany College of Pharmacy and Health Sciences that will transform unoccupied space into high-tech, “active learning” classrooms.

According to WAMC Public Radio, the $1.65 million project will take nearly 6,000 square feet that has been dormant for more than a decade and turn it into classrooms for 70 students each.