11/24/2015 - 1:52pm

Fred’s hit the midpoint of its expected earnings per share in Q3, the company reported Tuesday, the result of a quarter that saw a 14% sales increase that it more or less expects to see again in Q4, projecting growth between 13% and 15%.

11/18/2015 - 11:31am

CVS Health on Wednesday announced a suite of new digital tools aimed at helping customers manage their health with more ease and efficiency, including the use of beacon technology to deliver in-store pharmacy messaging.

11/10/2015 - 4:44pm

Alex Gourlay, Walgreens Boots Alliance's executive VP and Walgreens president, on Tuesday provided a snapshot of Walgreens U.S. market strategy, including how the proposed Rite Aid acquisition folds into that strategy, during the Credit Suisse 2015 Healthcare Conference.

11/10/2015 - 11:48am

Telehealth is coming to more users of Walgreens’s mobile app. The company has announced that it has expanded MDLive’s telehealth services through its app to users in 20 additional states — bringing the total states eligible to 25. The company also launched an updated telehealth experience within the app.

11/06/2015 - 11:56am

The Walgreens Boots Alliance/Rite Aid deal can pass Federal Trade Commission scrutiny with as little as 170 retail store divestitures, according to a proprietary analysis conducted by Credit Suisse, but the company will more likely be required to sell off some 950 stores.

11/05/2015 - 5:03pm

Walgreens may have to shutter as many as 3,000 stores in its bid to buy Rite Aid, or 65% of Rite Aid's store base, according to one real estate analyst in a Fortune story published Thursday, including 1,000 locations Walgreens is willing to jettison as part of any FTC negotiation and another 2,000 locations after the merger is complete. "The post-merger Walgreens real estate imperative will be to minimize cannibalization," noted Garrick Brown, VP research at Cushman for the West Region, adding that there are countless Rite Aid and Walgreens locations opposite one another across the country. (Fortune)

11/05/2015 - 3:17pm

In what could be an important step for mobile payment, Walgreens is expanding the Apple Pay functionality it provides customers.

10/30/2015 - 3:44pm

The merger agreement between Walgreens Boots Alliance and Rite Aid must be consummated by Oct. 27, 2016, or the deal is off, according to documents filed to the Securities and Exchange Commission on Thursday.

10/30/2015 - 3:01pm

Despite concern from smaller pharmacies, Walgreens’ plan to acquire Rite Aid is likely to be approved by the FTC, according to a report by International Business Times. “The location strategies of these two companies have been historically quite different,” said Howard Davidowitz, a New York-based retail consultant. “I’m not saying they won’t have to close some stores – of course they will – but I think this deal will go through.” [International Business Times]