7 result(s) displayed (1 - 7 of 7):

Walgreen and CAT take on drug prices (from Corporate Dealmaker)

What could possibly bring drugstore operator Walgreen Co. (NYSE:WAG) and big equipment manufacturer Caterpillar Inc. (NYSE:CAT) together? Soaring healthcare prices. The companies recently announced an agreement in which Caterpillar's 70,000 employees, retirees and eligible dependents will have the option to buy prescription drugs from Walgreen at discounted prices. The deal...

Posted on September 11, 2009 3:37 PM

Walgreen JV expands speciality health business (from Corporate Dealmaker)

Walgreen Co. (NYSE:WAG) has created a joint venture with Vanderbilt Medical Center to provide home health infusion and respiratory services. The JV adds to the drugstore chain's network of more than 100 home health ventures in 36 states. Walgreen has been providing home health services for 30 years, but it nearly...

Posted on August 6, 2009 11:37 AM

Rite Aid gains an inch in three-way pharmacy race (from Corporate Dealmaker)

Quarterly results from No. 3 pharmacy chain Rite Aid Corp. (NYSE:RAD) and Walgreen Co. (NYSE:WAG) give us a chance to update the three-way race among the country's largest drugstore chains. As we detailed in a magazine column in May, this one is a corporate strategy classic. Each of the three...

Posted on June 25, 2009 9:55 AM

Wal-Mart's convenient-care play (from Corporate Dealmaker)

Ever alert to news about companies executing growth strategies, we naturally noticed BusinessWeek's Wednesday report on the adventures of Wal-Mart Stores Inc. (NYSE:WMT) as it tries to develop a network of in-store retail medical clinics. BW reports that the retail giant has been at it for a couple of years,...

Posted on June 19, 2009 8:30 AM

Wal-Mart ups ante in pharmacy fight (from Corporate Dealmaker)

In The Deal magazine this week, we take a look at deal activity among the big drugstore chains, which have been vying to build national retail networks and add related businesses as the healthcare system evolves. Walgreen Co. (NYSE:WAG) and CVS Caremark Corp. (NYSE:CVS) each has its own approach. The...

Posted on May 4, 2009 9:49 AM

Walgreen bankruptcy buy: Drugstore giants keep growing (from Corporate Dealmaker)

Walgreen Co., formerly the No. 1 drugstore chain in terms of store count, is now No. 2 to CVS Caremark Corp. CVS passed Walgreen this January when it closed on its acquisition of Longs Drug Stores, which has 526 stores. That made the count nearly 7,000 stores for ...

Posted on April 28, 2009 1:25 PM

Rite Aid write-down shows challenges of drugstore deals (from Corporate Dealmaker)

For a few years now, the consensus has been that consolidation among the drugstore chains is inevitable. That's not to say it's easy to execute, though.Friday's reminder on that count comes from Rite Aid Corp. (NYSE:RAD), which posted a quarterly loss of $2.3 billion. As  MarketWatch explains, the debt-burdened company...

Posted on April 3, 2009 9:58 AM