7 Stories

4 Retailers Selling Misleading Herbal Supplements: NY AG

GNC, Walmart, Target, Walgreen accused of hawking possibly dangerous products

(Newser) - Consumers who've been popping herbal supplements may want to take note after the New York State attorney general announced yesterday that four retail giants are selling herbal items that may be mislabeled, crammed with fillers, and potentially dangerous, the Guardian reports. Eric Schneiderman sent cease-and-desist letters to Walmart, GNC,... More »

Retailers Get Official Letter: 'Don't Sell Cigarettes'

Attorneys general urge major retailers to stop selling smokes

(Newser) - Five of America's major retailers received a letter yesterday urging them to do one thing: stop selling cigarettes. Written by a group of attorneys general, the letter asked Walmart, Kroger, Rite Aid, Safeway, and Walgreen to follow CVS's lead and pull tobacco products from the shelves entirely, NPR... More »

Walgreen Moving Employees to Health Insurance Exchange

Will be called the 'Living Well Benefits Store'

(Newser) - Drugstore giant Walgreen is joining IBM and a growing number of other companies sending their employees shopping for health insurance on a private health insurance exchange. Walgreen, the parent company of eponymous drug store chain Walgreens, will continue to pay the same contribution it always has, but some 120,000... More »

Walgreen Makes Huge Overseas Play

Will buy 45% stake in Alliance Boots for $6.7B

(Newser) - Walgreen looks to have its sights set on being more than just America's largest drugstore chain. Like, perhaps, the world's... It today announced that it has acquired a 45% stake in the UK's Alliance Boots at a cost of $6.7 billion in cash and stock, with... More »

Walgreens Woos Employers With at-Work Health Care

(Newser) - Walgreens is amping up its effort to interest corporate and government employers in its network of clinics and workplace health centers, the Wall Street Journal reports. The company aims to build on its base of 350-plus corporate clients, and has been steadily snapping up concerns that cater to them. Under... More »

Longs Picks CVS Despite Walgreen's Higher Bid

Investor calls move 'unfair' to shareholders

(Newser) - Longs Drugs today declined Walgreen’s premium buyout offer, opting for CVS’ in the pharmacy-market tussle, the AP reports. Longs’ largest shareholder calls the choice "totally unfair," but the board maintains that a Walgreen deal could get bogged down in antitrust review. Longs' stock dipped on the news,... More »

SF Votes Today on Tobacco Sales Ban

May be nation's first city to shut down drugstore sales

(Newser) - San Francisco's Board of Supervisors votes today on whether to ban the sale of cigarettes at the city's pharmacies. City and state legislatures across America—as well as giant pharmacy chains like CVS and Wal-Mart—are carefully watching the outcome of what could be a harbinger of things to come,... More »

7 Stories