Content about The drugstore

December 16, 2013

Duane Reade, a division of Walgreens, on Friday at midnight launched a holiday photo contest on Facebook.

New York -- Duane Reade, a division of Walgreens, on Friday at midnight launched a holiday photo contest on Facebook. The “Show Us Your Party Legs” promotion  is a three week, omni-channel social media marketing campaign to raise awareness of Duane Reade-brand hosiery products. It will run through Jan. 4.

September 18, 2013

New York City drug store Duane Reade, a division of Walgreens, on Tuesday celebrated an important social milestone — surpassing one million followers on Twitter — with a gala event at the chain’s flagship on Wall Street.

New York -- New York City drug store Duane Reade, a division of Walgreens, on Tuesday celebrated an important social milestone — surpassing one million followers on Twitter — with a gala event at the chain’s flagship on Wall Street. From September 2012 to date, the regional retailer has organically grown its Twitter following by 6,709%, making it one of the fastest-growing accounts on Twitter year over year. With 1.1 million followers at latest count, the chain is believed to be the most followed retailer in the drug, food and mass arena.

February 5, 2013

Duane Reade announced that its 250 plus stores are integrating into Niantic Labs' new mobile game, Ingress.

New York -- Duane Reade announced that its 250 plus stores are integrating into Niantic Labs' new mobile game, Ingress. The drugstore chain is one of the first retail partners in the New York metropolitan area for "Ingress," which blends the physical and virtual world to create a one-of-a-kind gaming experience.

December 21, 2011

Walgreen Co. reported that profit for the quarter ended Nov. 30 dropped 4.5% to $554 million, compared with $580 million in the year-ago period.

Deerfield, Ill. -- Walgreen Co. reported Wednesday that profit for the quarter ended Nov. 30 dropped 4.5% to $554 million, compared with $580 million in the year-ago period. The drugstore operator cited a slow flu season and the decision to leave Express Scripts pharmacy network among the reasons for the performance dip.

Revenue for the quarter climbed 4.7% to $18.16 billion – a chain sales record – but missed Wall Street’s forecasted $18.24 billion in revenue. Total same-store sales rose 2.5%; front-end comps increased 2.4%.

August 10, 2011

Walgreens plans to start selling health insurance to customers this fall, according to CNN Money.

New York City -- Walgreens plans to start selling health insurance to customers this fall, according to CNN Money.

The drugstore chain will sell health insurance products with different price ranges and coverage levels through a private health insurance exchange, the report said.

To read the full story, go to money.cnn.com/2011/08/09/news/companies/walgreens_health_insurance/

December 3, 2010

Walgreens on Friday reported that its same-store sales rose 3.2% in November.

New York City -- Walgreens on Friday reported that its same-store sales rose 3.2% in November. The drugstore operator’s total sales rose 8.6% to $5.83 billion. (Duane Reade stores, acquired in April 2010, contributed 2.8% points to the total sales increase for the month. But those stores are not included in the same-store sales report.)

Meanwhile, Rite Aid Corp. reported that its November same-store sales fell 1.3% due to the introduction of new generic drugs and a decline in prescriptions resulting partly from a milder flu season.

September 25, 2008

Rite Aid announced disappointing second-quarter results Thursday. The chain hopes to remedy the losses with...