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  • WAG Q2 results headed in right direction as chain prepares three new flagship openings in DC, NY and Boston

    DEERFIELD, Ill. — Even as Walgreens expands its operation globally through strategic partnerships with both Alliance Boots and now AmerisourceBergen, the pharmacy operator continues to create some retail pop in the U.S. market. For example, Walgreens has set the stage for the opening of three more flagship stores.

  • CVS Caremark research: Rx adherence can spell cost savings for coronary artery disease patients

    WOONSOCKET, R.I. — Patients with coronary artery disease who are adherent to their prescribed medications can save the healthcare system up to $868 per patient per year, according the findings of a recent study conducted by researchers at Brigham and Women’s Hospital and CVS Caremark.
     
    The research was published in the April issue of the American Journal of Medicine.

  • Walgreens demonstrates success on improving adherence at World Congress Summit

    DEERFIELD, Ill. — Walgreens recently presented the research on how community pharmacy programs, as well as new adherence models and metrics, can help drive better medication adherence. The research, presented at the World Congress Summit in Philadelphia last Friday, demonstrates the company’s success in improving patient medication adherence by developing an infrastructure that tracks patient-level adherence and uses predictive modeling along with risk stratification to identify patient patterns. 

  • Rite Aid expands Easter, spring product selections

    CAMP HILL, Pa. — Rite Aid is stocking Easter and spring supplies at its stores in anticipation of the holiday and season, the retail pharmacy chain said Monday.

    The 4,623-store chain said items at its stores included chocolate bunnies, marshmallow Peeps, SweeTarts, Ducks & Bunnies, Cadbury Eggs and other candy brands, as well as baskets and other accessories.

    In addition, the company is selling such gardening supplies as planters, figurines, bird feeders, wind chimes and outdoor fountains and lighting, including solar-powered devices.

     

  • EPA recognizes Sears Holdings as Partner of the Year

    HOFFMAN ESTATES, Ill. — The Environmental Protection Agency has given Sears Holdings a 2013 Energy Star Partner of the Year - Sustained Excellence Award, the company said Monday.

    Sears Holdings, which operates Kmart, said its efforts to promote sustainability and energy efficiency would be recognized at a ceremony in Washington on March 26.

    The company has been an Energy Star partner since 1998.

  • Target sets dates for next round of Canadian store openings

    MISSISSAUGA, Ontario — Target Corp. is opening 17 new stores in Canada's Ontario province Tuesday and four more on March 28, the mass merchandise retailer said Monday.

    Target said the soft openings follow the launch of three pilot stores and will allow the company to engage in volume testing ahead of their April grand opening. The company plans to open 124 stores across Canada this year.

  • RadioShack continues to build retail team, naming Michael De Fazio SVP store concepts

    FORT WORTH, Texas — In a SEC filing, RadioShack last week confirmed it had recruited Michael De Fazio, one of the architects behind Duane Reade's new store formats, to help the small-box specialty retailer recapture some of its lost retail pizzazz. 

    As SVP store concepts, De Fazio joins a team that includes Troy Risch, who came to RadioShack from Target as EVP operations in December, and Huey Long, formerly of Wal-Mart and now RadioShack EVP strategy and consumer insights who also signed with RadioShack in December. 

  • Ahold repurchases 960,596 shares

    AMSTERDAM — Dutch supermarket operator Royal Ahold has repurchased nearly 1 million shares as part of its $647.3 million share-buyback program, the company said Monday.

    Ahold said the 960,596 shares were repurchased at an average price of $14.91, for a total of $14.33 million.

    The company announced the share-buyback program in late February. Ahold operates the Stop & Shop, Giant-Carlisle and Giant-Landover supermarket banners and the Peapod online grocery service in the United States.

     

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