Continucare opens first clinic at Navarro
MIAMI Continucare Corp. has announced the opening of its first ValuClinic in-store health clinic within a Navarro Discount Pharmacy in Hollywood, Fla.
Similar to many other retail-based clinic models, the walk-in clinic will treat acute conditions and will be staffed by nurse practitioners and physician assistants.
According to Gabe Navarro, chief executive officer of the Miami-based pharmacy chain, Continucare was on the verge of opening a few locations in the recently acquired Sedano’s stores, so Navarro proceeded with the openings.
In October, it was announced that Navarro Discount Pharmacy would merge its operations with Sedano’s Pharmacy & Discount Store. Sedano’s is a Hispanic drug retail company with 11 pharmacies in the southern Florida market. Combined, the entity has more than 30 stores with annual revenues of more than $350 million. All of the stores are operating under the Navarro banner in the southern Florida market.
According to Navarro, plans call for Continucare to have three ValuClinics open in Navarro stores by the end of the year. It expects to have a total of 15 clinics in operation in 2008.
In late 2006 it was announced that Navarro had partnered with Express Clinics to introduce in-store health clinics to the southern Florida market; however, it is possible that partnership will come to an end.
“It is uncertain whether Express Clinics will continue to operate clinics in our stores,” Navarro told Drug Store News. “[We] should know more in the coming weeks.”
Large Shoppers Drug Mart store opened in Belleville
BELLEVILLE, Ontario Shoppers Drug Mart opened a new 18,000-square-foot store here Dec. 1, according to a news report in the Belleville Intelligencer published Thursday.
It’s one of the largest Shoppers throughout the chain, the paper reported.
The new store fields a robust grocery department, featuring one of the most expansive food offerings in the chain, and includes an organic food line, Nativa, exclusive to Shoppers.
The new store also features some Shoppers mainstays—a full cosmetic offering, home-healthcare section and local post office.
Rite Aid posts increase in sales for November, Q3
CAMP HILL, Pa. Both November and third-quarter comparable sales were slightly up compared with the year-ago period, Rite Aid reported Thursday.
Rite Aid registered a 0.9 percent same-store sales increase for the five weeks ended Dec. 1, excluding its recently-acquired Brooks and Eckerd operations. Pharmacy same-store sales increased 1.2 percent, which included an approximate 461 basis points negative impact from new generic introductions, and front-end same store sales increased 0.3 percent.
Total drug store sales for the five-week period, including the former Brooks and Eckerd stores, increased 50.7 percent to $2.5 billion. Prescription revenue accounted for 67.7 percent of drugstore sales, and third party prescription revenue represented approximately 96.1 percent of pharmacy sales.
Same-store sales for the 13-week quarter ended Dec. 1, 2007 increased 0.7 percent over the prior year quarter. Pharmacy same-store sales increased 1.2 percent which included an approximate 431 basis points negative impact from new generic introductions. Front-end same-store sales decreased 0.4 percent.
Total drug store sales for the quarter increased 51.1 percent to $6.5 billion. Prescription revenue accounted for 68.3 percent of total drugstore sales, and third party prescription revenue was 96.0 percent of pharmacy sales.