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  • CVS' Merlo: Health reform to benefit business in 2014

    WOONSOCKET, R.I. — CVS Caremark, which posted solid third-quarter results across its enterprise, is well-positioned to benefit from the rapidly changing healthcare environment. That was a key message that CVS Caremark president and CEO Larry Merlo had for analysts Tuesday morning during the company’s third-quarter conference call.

  • Family Dollar's Mike Bloom next top executive to go undercover for CBS' 'Undercover Boss'

    CHARLOTTE, N.C. — Family Dollar president and COO Mike Bloom will be featured on the CBS award-winning reality series, "Undercover Boss" this Friday, Nov. 8 at 8 p.m. EST. For the episode, Bloom went undercover in several Family Dollar stores and at one of the company's distribution centers, where he worked a variety of jobs alongside company team members. 

  • Walgreens' corporate operations VP tapped to lead health care for Boots in U.K. and Ireland

    DEERFIELD, Ill. — Walgreens and Alliance Boots on Tuesday announced that Richard Ashworth, Walgreens corporate operations VP for the Western United States, has been appointed as director of health care, health and beauty U.K. and Republic of Ireland at Alliance Boots. He will report to Simon Roberts, managing director, health and beauty U.K. and ROI.

  • Nexafed gains national distribution

    PALATINE, Ill. — Acura Pharmaceuticals on Monday announced that Nexafed, its next generation pseudoephedrine with abuse-deterrent technology, will now be stocked by Rite Aid.

    Nexafed is a 30 mg immediate-release pseudoephedrine product that combines nasal-congestion relief with a unique technology that disrupts the conversion of pseudoephedrine into methamphetamine.

  • Many patients feel 'overwhelmed' by diabetes management, lack personal care plans, Meijer survey finds

    GRAND RAPIDS, Mich. — Half of people with diabetes feel overwhelmed in managing their disease and diet, according to a new survey conducted by Meijer.

  • Walgreens to honor nation's veterans with military-only discount on Veteran's Day

    DEERFIELD, Ill. — To celebrate the service and commitment of the nation’s military, Walgreens on Monday announced it is offering a Veterans Day discount to all veterans and active duty military personnel. 

    On Monday, Nov. 11, customers with a valid military ID or proof of service will receive 15% off eligible store items and 20% off Walgreens, Nice! and W brand products at any Walgreens or Duane Reade drug store nationwide.

  • CVS' MinuteClinic sees 18% revenue growth during Q3

    WOONSOCKET, R.I. — CVS Caremark posted “solid” results during its third quarter, and its MinuteClinic business was no exception.

    During the quarter ended Sept. 30, the retail clinic business enjoyed revenue growth of 18%.

    From a comp perspective, MinuteClinic has, most recently, been comping in the teens to low 20s, Dave Denton, EVP, CFO, controller and chief accounting officer, told analysts during the company’s third-quarter conference call Tuesday morning.

  • Target launches Canadian holiday shopping season

    MISSISSAUGA, Ontario — Target is extending its hours during the holiday shopping season at its Canadian stores, the mass merchandise retailer said Monday.

    Target said most of its Canadian locations would offer extended hours from Nov. 29 to Dec. 30 as part of the "My Kind of Holiday" marketing campaign. The retailer will also extend its price-matching policy for the season; if customers purchase a qualifying item at Target between Nov. 1 and Dec. 24 and subsequently find it for less in a local competitors printed ad, Target will match the competitor's price.

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