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  • Walgreens firing on all cylinders as chain realizes a total comp sales increase of 5.4% for its first quarter

    DEERFIELD, Ill. — With the announcement of its first-quarter results, Walgreens continues to fire on all cylinders of its straight-three engine, including advancements across its Well Experience store base, the continued transformation of its pharmacy operations to better meet the needs of today's evolving healthcare system and the further establishment of a global supply chain to drive economies of scale. 

  • Rite Aid extends hours for last-minute shopping

    CAMP HILL, Pa. — Rite Aid is extending store hours and featuring gift items as the holiday shopping season comes to an end, the retail pharmacy chain said Friday.

    The company said it would extend store hours through Monday, as well as keeping some stores open on Christmas Eve and Christmas Day, including some 24-hour stores.

  • CVS Caremark to resume SilverScript enrollment Jan. 1

    WOONSOCKET, R.I. — CVS Caremark announced on Friday that the Centers for Medicare and Medicaid Services has lifted the sanctions imposed against the company's SilverScript Medicare Part D Prescription Drug Plan, effective Jan. 1.

     "We are pleased by this news," stated Jon Roberts, president of the PBM business of CVS Caremark. "We have worked hard to implement improvements to address the enrollment processing issues that occurred in early 2013 and are committed to providing our members with quality service and support."

  • Rite Aid posts $71.5 million profit in third quarter 2014

    CAMP HILL, Pa. – Rite Aid appears to be transitioning from a turnaround phase to one in which it's looking more toward future opportunities, company executives suggested in a conference call Thursday morning when announcing the chain's third quarter 2014 results.

  • Senderra Rx hires Stephen Lund

    FLINT, Mich. — Specialty pharmacy Senderra Rx has hired a former executive at Diplomat, Rite Aid and Perry Drug Store as its EVP strategic initiatives.

    The Richardson, Texas-based company announced Thursday the hiring of Stephen Lund, who immediately before worked as a specialty pharmacy industry consultant.

  • Rite Aid, GNC extend partnership through 2019, allowing at least 300 new 'store-within-a-store' locations over five years

    CAMP HILL, Pa. — The long-standing partnership between Rite Aid and nutritional products retailer GNC is being extended through the end of the decade, Rite Aid said Thursday.

    Rite Aid said the partnership, which started in 1998, has been extended through 2019. The extension allows Rite Aid to add at least 300 GNC LiveWell store-within-a-store locations over the next five years. Currently, there are more than 2,200 such locations throughout the Rite Aid chain.

  • Sears Holdings appoints Cesar Alvarez to board of directors

    HOFFMAN ESTATES, Ill. — Sears Holdings has elected law firm executive Cesar Alvarez to its board of directors, the company, which owns the Sears and Kmart chains, announced.

    Alvarez is co-chairman of the international law firm Greenburg Traurig, which he joined in 1973. Before his appointment as chairman, he served as executive chairman for more than three years and as its CEO for 13 years, starting in 1997.

  • Rite Aid's latest programs show an eye on the future

    Rite Aid announced its third-quarter 2014 sales Thursday, showing higher total and same-store sales and profits than third quarter 2013, as well as continued growth in programs like the Wellness store format, Wellness65+ and others.

    The main story surrounding Rite Aid over the past couple of years has been its efforts to engineer a turnaround, but the message from Thursday was, "Rite Aid more or less has turned around, so what's next?"

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