President Biden urged Congress to focus on cost-saving ideas for pharmaceuticals in his State of the Union address Thursday night, including capping out-of-pocket prescription drug costs for all Americans and allowing the federal government to negotiate the prices of widely used medications.
Costco Wholesale Corp. posted net sales of $57.33 billion for the second quarter of its 2024 fiscal year, an increase of 5.7% from the $54.24 billion posted in the same quarter last year. Net sales for the first 24 weeks increased 5.9%, to $114.05 billion, from $107.68 billion last year. The company
ARLINGTON, Va. – The National Association of Chain Drug Stores (NACDS) has submitted a letter to the U.S.
WASHINGTON – More than 60 national and state organizations representing consumers and merchants have called on Congress to reject legislation introduced by Rep. Blaine Luetkemeyer, R-Mo., that would delay the Federal Reserve’s proposal to reduce the regulated rate for debit card swipe fees.
ALDI, already known for its rapid growth, has unveiled plans to increase its store count by 800 locations across the country by the end of 2028.
Kroger reported flat sales for the fourth quarter and fiscal year ended February 3, but profits beat expectations. The retailer reported a $736 million profit on sales of $37.1 billion for the three-month period. Kroger noted that identical sales (excluding fuel decreased 0.
As part of a revamp of its customer loyalty program, Target is launching a new paid membership program called Target Circle 360.
Rite Aid Corp. today announced that it has entered into an asset purchase agreement (APA) for the partial sale of its Health Dialog business to Carenet Health (Carenet), a provider of healthcare engagement, clinical support, telehealth and advocacy solutions.
Target reported fourth-quarter sales and earnings that beat analyst expectations, boosting its shares in pre-market trading. But total sales for the year declined, the company said. Target reported that GAAP and adjusted earnings per share of $2.98 was 57.
The Council for Responsible Nutrition (CRN) will host its annual conference, CONVERGENCE ’24 on October 9 through October 11, at the Grand America Hotel in Salt Lake City.
WASHINGTON, DC – “Congress is dangerously close to proving wrong the notion that it’s never too late to do the right thing,” according to a statement issued today by The National Association of Chain Drug Stores, the National Community Pharmacists Association, FMI – The Food Industry Association, th
WASHINGTON – The National Association of Chain Drug Stores (NACDS) said it continues to call for the immediate implementation of reforms to address the tactics of pharmaceutical benefit middlemen amid attempts by PBMs to stall Congressional action and perpetuate their harmful practices.
CVS Health Corp. and Walgreens Boots Alliance Inc. said Friday they will begin to offer the abortion pill mifepristone in select states starting this month. The drug-store chains will offer the medication by prescription only at their pharmacies in states where’s it’s legally allowed.
WASHINGTON – Inflation and the Federal Reserve’s efforts to bring it under control will remain big factors in the economy this year, according to National Retail Federation Chief Economist Jack Kleinhenz.“With the U.S.
Walgreens‘ Village MD, free-standing clinics that offer virtual, home and office visits, will leave the Illinois market in April. VillageMD is majority owned by Walgreens Boots Alliance, and it has six clinics in the state.
