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  • CVS/pharmacy, American Diabetes Association sponsor diabetes campaign

    WOONSOCKET, R.I. — CVS/pharmacy has announced that it is partnering with the American Diabetes Association as the sponsor of "A Day in the Life of Diabetes" campaign — a photo-sharing campaign on the ADA's main Facebook page.

    The CVS/pharmacy ExtraCare Advantage for Diabetes program will donate $1 to the American Diabetes Association for every photo or image uploaded, up to $25,000. CVS/pharmacy will also co-host a Twitter chat on Nov. 15 with Dr. Elizabeth Seaquist, VP medicine and science for the ADA.

  • Hurricane helps Rite Aid monthly sales

    CAMP HILL, Pa. – Rite Aid got a boost in its monthly same-store sales from Hurricane Sandy, the company said Thursday.

    Announcing its October sales results, the retail pharmacy chain said same-store sales decreased by 1.1%. Front-end comps increased by 1.5%, while pharmacy comps decreased by 2.3%, including a negative effect of 971 basis points from new generic introductions; same-store prescription count increased by 4.7%.

  • Walgreens, Alliance Boots form new jointly owned company: Walgreens Boots Alliance Development

    DEERFIELD, Ill. — Walgreens on Tuesday announced that it has formally set up a new company, jointly owned with Alliance Boots, as part of their strategic partnership’s synergy program.

    The new company, called Walgreens Boots Alliance Development, will be based in Bern, Switzerland.

    No other details were released. 

  • CVS Caremark donates more than $100K to Hurricane Sandy relief efforts

    WOONSOCKET, R.I. — CVS Caremark announced on Wednesday a donation of more than $100,000 to the American Red Cross National Disaster Relief Fund to provide support to communities that have been affected by Hurricane Sandy.
     
    A donation of $50,000 was made from the company's foundation, the CVS Caremark Charitable Trust. In addition, CVS/pharmacy is providing snacks and bottled water valued at more than $50,000 to distribute in communities in New Jersey that were impacted by the hurricane.

  • Wall Street: Hurricane Sandy may have whipped up front-end sales prior to coming ashore

    NEW YORK — Hurricane Sandy may have shut down lower Manhattan for a few days, but research analyst Ed Kelly of Credit Suisse was bullish on how the storm system may have whipped up front-end sales for pharmacy operators. 

  • Family Dollar names SVP store operations

    MATTHEWS, N.C. — Family Dollar Stores has named Colin McGinnis to the position of SVP store operations support, store development and procurement. McGinnis will report to Barry Sullivan, EVP store operations.

  • Kmart, Sears stores stock emergency supplies ahead of 'Frankenstorm'

    HOFFMAN ESTATES, Ill. – Sears Holdings said it was “rushing” emergency supplies to stores on the East Coast ahead of Hurricane Sandy.

    The company, which operates the Sears and Kmart chains, said it would stock up on portable generators, chainsaws, gasoline cans, flashlights and other equipment at stores from North Carolina to Maine.

  • Walgreens releases preparation advice as East Coast braces for Hurricane Sandy

    DEERFIELD, Ill. — As officials across the East Coast closely monitor the approach of Hurricane Sandy, Walgreens and Duane Reade on Saturday offered several preparation tips to ensure uninterrupted access to prescription medications. 

    For evacuees, Walgreens suggested that consumers leave first and refill later at a pharmacy close to their evacuation area. "This allows you to avoid potentially long lines at your local pharmacy, and you won’t needlessly delay your evacuation," Walgreens advised. 

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