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Drugstores & Rx
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Market Cap:
$55.5B
| Avg Mkt Cap:
$3.7B
Updated Feb-08 5:15 PM ET (News & Data)
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Special Report: RX Development Series:VMS
Drug Store News in May hosted the first installment of a new program it is calling its Pharmacy Development Series, which focused on the vitamin, mineral and dietary supplement category. Hosted here, the event brought key insights to retailers regarding the science that supports the business of dietary supplements—a category that has received mounting consumer interest from a number of fronts, including baby boomers looking to extend their lives through proper nutrition, as well as other cost-conscious, healthcare consumers who believe that a dietary supplement taken today can help significantly lower personal healthcare costs tomorrow.
Retailers present included GNC—the lead retailer in the dietary supplement channel—as well as several leading drug and grocery chains, including Longs Drug Stores, Meijer, Rite Aid, Supervalu and Walgreens. What follows is an executive report of the proceedings.
PDF Format, 7pages,1 file
Price: $9.95
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Walgreens Promotes Exec
Walgreens promoted Steven Lubin to divisional VP and the new position of general manager of marketing for non-mainland operations. Lubin will be responsible for the marketing needs of customers in Puerto Rico and Hawaii.
Lubin joined the company in 1970 as a stock clerk in Chicago, and has rise
- Chain Store Age
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Rite Aid Names Senior VP, Human Resources
Rite Aid Corp. announced Monday that Steve Parsons has been promoted to senior VP, human resources. He previously served as Rite Aid Group VP, human resources.
In his new position, Parsons, 43, will be responsible for all aspects of human resources, including compensation and benefits, training
- Chain Store Age
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Walgreens January Same-Store Sales Rise
Walgreens Co. on Monday said same-store sales rose 3.8% in January, helped by higher pharmacy and front-end sales.
Total sales for the month grew 9.6% to $4.96 billion. Front-end same-store sales grew 3.1% while pharmacy same-store sales rose 4.2%.
Same-store pharmacy sales fell 4.2% becau
- Chain Store Age
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[ Read All Drugstores & Rx Headlines ]
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Top Companies - Drugstores & Rx
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Digital Packages - Drugstores & Rx
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Special Report:Annual 2 Niche Report
In today’s immediate-gratification market of retailing, niche brands aren’t given the opportunity of the slow build that they may have been afforded in decades past—creating an environment that demands concrete success in as little as six months, according to several sales and marketing consultants throughout the industry. But the value of niche is still evident—creating destination drivers that increase foot traffic, as well as the opportunity to increase marketbasket size, with products that often are positioned at a premium price and generate higher margins per ring. And before a niche brand pops, it’s also an opportunity to differentiate a retailer’s product mix from the competitor just across the street.
PDF Format, 27 pages, 1 file
Price: $19.99
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Special Report Annual Report 2008
Like their counterparts in other retail pharmacy channels, the people who run the nation’s national and multiregional drug store chains can point to some recent victories on the policymaking and legislative front as they grapple with economic uncertainty. Nevertheless, the nation’s largest drug store operators are facing growing questions about such issues as store saturation, at least in the near term; increasingly fickle consumers with more choices for pharmacy than ever; the slowdown in blockbuster drug approvals; and the ability of supply-chain management automation and other data-driven inventory efficiencies to continue outpacing shrinking margins at the pharmacy and front end. Skyrocketing gas prices—which ratchet up trucking and inventory shipping costs—and rising import costs, among other global economic concerns, also are roiling the retail sales picture.
PDF Format 48 pages, 1 file
Price: $49.99
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Walgreens Full Throttle
Walgreen Co.’s, the crown jewel of chain drug store retailing, is struggling with a scary economic outlook, an anemic flu season, margin pressures in generic prescription drugs and high labor costs. Despite these challenges, Walgreens remains the fastest-growing pharmacy retailer in construction of new stores, adding 536 new units in fiscal 2007 and pushing past the 6,000-store mark.
PDF Format
Price: $19.99
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CVS Caremark Corp.
Price: $795.00
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Supervalu
Price: $29.99
* There are more packages available for this sector: View Entire Drugstores & Rx Collection
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