A pharmacy in Kansas billed Medicare for more than 1,000 prescriptions each for two patients in a single year, part of a pattern of questionable billings at 2,600 drugstores nationwide uncovered by federal investigators in a report Thursday.
Walgreens, the nation's largest pharmacy chain unveiled a new flagship store in Chicago that re-imagines the drugstore experience. Among the "unexpected" new offerings: fresh sushi, salon services, more than 700 fine wines and a juice bar. But will we really buy wine with our aspirin?
Cold and flu season is upon us. Americans spend $400 million on prescription drugs to relieve the symptoms, according to one study, and some of them spend too much. DailyFinance's Laura Rowley looks at what not to do when filling a prescription.
It's happened to all of us. You head into the drugstore to grab some aspirin or toothpaste and you walk out carrying a bag stuffed with impulse items -- even groceries. Those impulse buys will cost you -- a lot: A new report from finds drugstore prices average more than 36% higher than supermarket prices.
The Retail Industry Leaders Association on Thursday reported a nationwide increase this year in shoplifting, calling the fight to stop store crime "an uphill battle." The group blamed an expanding black market for the rise in organized shoplifting crimes.
Tallying up the flu's effect on our economy is enough to make you sick. Influenza was responsible for 100 million lost work days in 2010, according to a Walgreens study. That's $7 billion in lost wages, and $10 billion in lost productivity. Inspired to get vaccinated this year? We'll point you to the best deal.
Walgreen, the leading U.S. pharmacy chain, recently increased its quarterly dividend by 28.6%, the largest increase in the company's 110-year history, from 17.5 cents a share to 22.5 cents a share. But is it giving away cash it's really going to need for its expansion plans?
CVS Caremark and Walgreen are the leading pharmacy chains in the U.S. While both have been aggressively expanding their retail footprints, there has been a gradual decrease in the average size of the newly opened stores. Here's why they're going small, and what it means for their profits.
After years of trying to expand its online presence through organic growth, giant drug store chain Walgreen has decided to buy a bigger Web footprint, acquiring drugstore.com, the country's eighth-largest e-tailer -- and it's paying a premium price.
CVS Caremark has agreed to pay $77.6 million in fines for illegally selling a chemical, common in some cold and cough medicines, that ended up being used to make methamphetamine.
Looking for stocks that could move fast? Hilary Kramer, editor of GameChangerStocks.com, recommends taking a look at two lesser-known pharmaceuticals, Shire and Medco Health Systems, that she says will benefit greatly in the near term.
Walgreens said Wednesday it will acquire drugstore chain Duane Reade from affiliates of private equity firm Oak Hill Capital Partners for $1 billion in cash, which includes assumption of the New York-based drugstore chain's debt.
