Content about Shoppers Drug Mart

September 12, 2013

Shoppers Drug Mart announced on Thursday its shareholders voted in favor of the proposed acquisition by Loblaw Cos.

TORONTO — Shoppers Drug Mart announced on Thursday its shareholders voted in favor of the proposed acquisition by Loblaw Cos.

The transaction was approved by approximately 99.89% of the votes cast by all of the Shoppers Drug Mart shareholders eligible to vote.

As previously reported, Loblaw Cos. and Shoppers Drug Mart announced on July 15 a definitive agreement under which Loblaw will acquire Shoppers Drug Mart for C$12.4 billion in cash and stock.

September 9, 2013

Minister of Health Rona Ambrose joined with Domenic Pilla, Shoppers Drug Mart president and CEO, on Monday in the launch of the company's Arthritis Screening program — a way for Canadians to work with a pharmacist to help detect arthritis early and manage their condition.

TORONTO — Minister of Health Rona Ambrose joined with Domenic Pilla, Shoppers Drug Mart president and CEO, on Monday in the launch of the company's Arthritis Screening program — a way for Canadians to work with a pharmacist to help detect arthritis early and manage their condition.

September 6, 2013

Expanding pharmacists' role in Canada could reduce the burden of chronic illness on patients and save the country's healthcare system between C$1.4 billion and C$1.9 billion (US$1.34 billion-$1.83 billion) over the next three years, according to a new report released by Arthritis Consumer Experts, the Arthritis Research Centre of Canada and Shoppers Drug Mart.

Canada's single-payer healthcare system is vastly different from that of the United States, not to mention differences between the two countries in terms of laws and regulations that govern pharmacy, but the lessons from the study apply equally to both.

Expanding pharmacists' role in Canada could reduce the burden of chronic illness on patients and save the country's healthcare system between C$1.4 billion and C$1.9 billion (US$1.34 billion to $1.83 billion) over the next three years, according to a new report released by Arthritis Consumer Experts, the Arthritis Research Centre of Canada and Shoppers Drug Mart.

September 5, 2013

Are drug stores becoming the new convenience stores? A new survey by The Hartman Group indicates that for many shoppers, the drug store is a destination for convenient purchases.

NEW YORK — Are drug stores becoming the new convenience stores? A new survey by The Hartman Group indicates that for many shoppers, the drug store is a destination for convenient purchases — particularly, food and beverages.

In a survey of 1,900 adults in Seattle and Dallas, the Bellevue, Wash.-based research firm found that when respondents most recently visited drug stores, 24% of trips were for items for immediate consumption, while 29% were stocking up items. Significant percentages of purchases were for OTC, personal care and consumable items.

September 4, 2013

Expanding the role of pharmacists in Canada is one solution that will reduce the burden of chronic illness on patients, and save the system an estimated C$1.4 billion to C$1.9 billion dollars over three years, according to a new report released by Arthritis Consumer Experts, the Arthritis Research Centre of Canada and Shoppers Drug Mart.

TORONTO — Expanding the role of pharmacists in Canada is one solution that will reduce the burden of chronic illness on patients, and save the system an estimated C$1.4 billion to C$1.9 billion dollars over three years, according to a new report released by Arthritis Consumer Experts, the Arthritis Research Centre of Canada and Shoppers Drug Mart.

September 3, 2013

Shoppers Drug Mart, which operates under the Pharmaprix banner in Quebec, has announced that Canada's first and only national women's and girl's running race series expanded to six cities.

QUEBEC CITY, Quebec — Shoppers Drug Mart, which operates under the Pharmaprix banner in Quebec, has announced that Canada's first and only national women's and girl's running race series expanded to six cities.

The Pharmaprix Run for Women Series consists of a 5K, 10K and Little Steps Girls 1K, and includes a motivational talk from an iconic Canadian Olympian in each city. A portion of proceeds and participant donations will go towards women's mental health programs in each of the six race cities.

September 3, 2013

Shoppers Drug Mart announced on Tuesday that it has received support from two independent proxy advisory firms for its planned acquisition by Loblaw Cos.

TORONTO — Shoppers Drug Mart announced on Tuesday that it has received support from two independent proxy advisory firms for its planned acquisition by Loblaw Cos.

Institutional Shareholder Services and Glass Lewis & Co., two independent global proxy advisory services firms, have recommended that Shoppers Drug Mart shareholders vote in favor of the acquisition by Loblaw Cos.

August 28, 2013

Continuing its effort to offer customers an elevated prestige beauty experience, Canadian pharmacy retailer Shoppers Drug Mart unveiled on Wednesday its second enhanced beautyBOUTIQUE at the Toronto Eaton Centre.

TORONTO — Continuing its effort to offer customers an elevated prestige beauty experience, Canadian pharmacy retailer Shoppers Drug Mart unveiled on Wednesday its second enhanced beautyBOUTIQUE at the Toronto Eaton Centre. 

(Domenic Pilla, president and CEO of Shoppers Drug Mart)

The 4,000-sq.-ft. beautyBOUTIQUE features 21 prestige brands, as well as new fixtures, digital signage, an enhanced fragrance and derm areas.

August 21, 2013

Shoppers Drug Mart has posted on the company's website the management proxy circular relating to the proposed acquisition by Loblaw Cos., the company has announced.

TORONTO — Shoppers Drug Mart has posted on the company's website the management proxy circular relating to the proposed acquisition by Loblaw Cos., the company has announced.

The circular has been mailed to Shoppers Drug Mart's shareholders of record as at Aug. 12.

A special meeting of Shoppers Drug Mart shareholders to consider the acquisition will be held Sept. 12. The transaction, which is subject to customary approvals, is expected to be completed before the end of the first quarter of 2014.

August 15, 2013

Bartell Drugs’ new South Lake Union store, which opened its doors on Aug. 2, features a growler station where shoppers can get local beers straight out of the tap — a first for the family-owned pharmacy retailer.

SEATTLE — Bartell Drugs’ new South Lake Union store, which opened its doors on Aug. 2, features a growler station where shoppers can get local beers straight out of the tap — a first for the family-owned pharmacy retailer.

According an article by the Puget Sound Business Journal, the growler station is proving to be a hit with shoppers as the new location went through keg after keg that first Friday.

July 25, 2013

Loblaw Cos., which recently announced plans to acquire Shoppers Drug Mart, posted a 2% increase in second-quarter revenue and a 1.1% lift in same-store sales as its drug store sales fell flat for the period.

BRAMPTON, Ontario — Loblaw Cos., which recently announced plans to acquire Shoppers Drug Mart, posted a 2% increase in second-quarter revenue and a 1.1% lift in same-store sales as its drug store sales fell flat for the period.

Revenue for the quarter totaled C$7.5 billion, up 2% compared with the year-ago period. Retail sales increased 1.9% to C$7.37 billion.

July 18, 2013

Canada’s Shoppers Drug Mart, which recently announced plans to be acquired by Loblaw, saw a boost in second-quarter sales and earnings and, according to president and CEO Domenic Pilla, the company is “well-positioned heading into the back half of the year.”

TORONTO — Canada’s Shoppers Drug Mart, which recently announced plans to be acquired by Loblaw, saw a boost in second-quarter sales and earnings, and according to president and CEO Domenic Pilla, the company is “well-positioned heading into the back half of the year.”

July 16, 2013

The Loblaw Co. may have pulled the trigger on its acquisition of Shoppers Drug Mart upon learning of Walgreens' interest in the Canadian pharmacy operation, according to a report in Toronto's National Post published Tuesday.

TORONTO — The Loblaw Co. may have pulled the trigger on its acquisition of Shoppers Drug Mart upon learning of Walgreens' interest in the Canadian pharmacy operation, according to a report in Toronto's National Post published Tuesday. 

The report cited two industry sources. However, Shoppers Drug Mart chairman Holger Kluge suggested that the chain has had more than a few suitors during an analyst call Monday. 

July 15, 2013

Loblaw Cos. and Shoppers Drug Mart signed a definitive agreement under which Loblaw will acquire Shoppers Drug Mart. The move follows the acquisition of Safeway Canada by Sobey's last month and a growing incursion of U.S. retail north of the border, including both Target Canada and Walmart Canada.

When Loblaw announced last week it would debut a new health-focused format to take on Whole Foods, no one could have expected it would make a deal to become the No. 1 pharmacy retailer in Canada, leapfrogging from No. 8 to that top spot with the stroke of a pen. Together the companies will operate 1,797 pharmacies across a total of 2,348 locations, meaning 1-in-5 Canadian pharmacies now will be operated by the merged company. Shoppers Drug Mart represents $4.9 billion in annual pharmacy sales, representing 47.3% of sales and $3.9 million in pharmacy sales on a per store basis. And if Loblaw's pharmacy sales are brought up to that level, the merged companies will represent $6.8 billion in pharmacy revenue.

Loblaw Cos. and Shoppers Drug Mart signed a definitive agreement under which Loblaw will acquire Shoppers Drug Mart. The move follows the acquisition of Safeway Canada by Sobey's last month and a growing incursion of U.S. retail north of the border, including both Target Canada and Walmart Canada. 

July 15, 2013

Loblaw and Shoppers Drug Mart announced on Monday a definitive agreement under which Loblaw will acquire Shoppers Drug Mart for C$12.4 billion in cash and stock.

TORONTO — Loblaw Cos. and Shoppers Drug Mart announced on Monday a definitive agreement under which Loblaw will acquire Shoppers Drug Mart for C$12.4 billion in cash and stock.
 

July 12, 2013

Supervalu on Friday announced a leadership change at the company’s Shoppers division, based in Bowie, Md., as current president Bob Bly has decided to leave the company to pursue new career opportunities.

EDEN PRAIRIE, Minn. — Supervalu on Friday announced a leadership change at the company’s Shoppers division, based in Bowie, Md., as current president Bob Bly has decided to leave the company to pursue new career opportunities. VP merchandising Bob Gleeson and VP operations Micky Nye will lead Shoppers on an interim basis while the search for a replacement is underway. 

The change is effective immediately, the grocer reported.

June 24, 2013

Shoppers Drug Mart/Pharmaprix announced on Friday that it is supporting relief efforts to help those Alberta communities affected by the floods by making a donation to the Canadian Red Cross and working with local stores to ensure supplies and prescription medications are available to those in need.

TORONTO — Shoppers Drug Mart/Pharmaprix announced on Friday that it is supporting relief efforts to help those Alberta communities affected by the floods by making a donation to the Canadian Red Cross and working with local stores to ensure supplies and prescription medications are available to those in need. 

May 15, 2013

Canadian retail pharmacy chain Shoppers Drug Mart is offering a range of products for the summer, as well as tips for enjoying the season safely.

TORONTO — Canadian retail pharmacy chain Shoppers Drug Mart is offering a range of products for the summer, as well as tips for enjoying the season safely.

The 1,240-store chain said it would offer a selection of products for outdoor entertaining, road trips, summer beauty and first aid and information on choosing the right sunscreen, sunglasses and barbecue recipes.

May 9, 2013

Shoppers Drug Mart opened in late 2012 its revamped BeautyBoutique in the Bayview Village store in Toronto.

TORONTO — Shoppers Drug Mart opened in late 2012 its revamped BeautyBoutique in the Bayview Village store in Toronto. The space, which is just over 4,000 sq. ft., offers shoppers an upscale beauty experience with brands that weren't previously available in a BeautyBoutique, but had been available at its Murale store.

The new format also features play stations, where shoppers can touch and feel the cosmetic lines, and fragrance-testing stations so customers can try before they buy.

April 25, 2013

TORONTO — Shoppers Drug Mart announced on Thursday that first quarter sales rose 3.8% thanks to strong volume in pharmacy and continued sales and market share gains at the front end. The company also indicated that it remains on the acquisition track and is "carefully" watching as Target bolsters its presence in Canada.

April 21, 2013

Canadian pharmacy retailer Shoppers Drug Mart is further elevating the beauty experience with its newly opened BeautyBoutique.

Canadian pharmacy retailer Shoppers Drug Mart is further elevating the beauty experience with its newly opened BeautyBoutique.

This BeautyBoutique opened in November 2012 in an existing Shoppers Drug Mart store in Bayview Village in Toronto, Ontario. It is just over 4,000 sq. ft., which is approximately 1,500 sq. ft. larger than a traditional BeautyBoutique.

April 21, 2013

Rite Aid's latest Wellness store concept features a new interactive Vision Center kiosk that allows customers to try new frames in the store and order prescription glasses and contact lenses for home delivery.

Rite Aid's latest Wellness store concept features a new interactive Vision Center kiosk that allows customers to try new frames in the store and order prescription glasses and contact lenses for home delivery. It's not only an example of flowing self-diagnostic solutions into the self-care aisles, but it also keeps those customers in the store longer. And because it's positioned opposite the pharmacy, it can make that quick wait for the prescription that was just dropped off that much faster.

March 28, 2013

Hamacher Resource Group has been invited to present a continuing education session, “Bottom Line Performance: Opportunities and Actions,” at the Mutual Drug Spring CE Forum on April 7 in Raleigh, N. C., the company announced.

WAUKESHA, Wis. — Hamacher Resource Group has been invited to present a continuing education session, “Bottom Line Performance: Opportunities and Actions,” at the Mutual Drug Spring CE Forum on April 7 in Raleigh, N.C., the company announced today.

March 27, 2013

With the prevalence of chronic disease conditions on the rise, Great-West Life, a provider of drug plan management solutions, and Canadian pharmacy retailer Shoppers Drug Mart have entered into an agreement to introduce two new health support programs for Great-West Life clients.

TORONTO — With the prevalence of chronic disease conditions on the rise, Great-West Life, a provider of drug plan management solutions, and Canadian pharmacy retailer Shoppers Drug Mart have entered into an agreement to introduce two new health support programs for Great-West Life clients.

February 13, 2013

Canadian pharmacy retailer Shoppers Drug Mart and RBC Insurance have announced the launch of co-branded travel insurance product offerings to be sold exclusively online through the Shoppers Drug Mart website beginning Feb. 16.

TORONTO — Canadian pharmacy retailer Shoppers Drug Mart and RBC Insurance have announced the launch of co-branded travel insurance product offerings to be sold exclusively online through the Shoppers Drug Mart website beginning Feb. 16.