A Kmart store in Round Lake Beach, Illinois, is seen in this November 17, 2004 file photo. (John Gress/Reuters)

ATLANTA (Reuters) -
Retailer Kmart said on Monday it has
expanded its generic prescription drug program to include more
than 500 common medications from about 300 and cut prices for
some products as of June 22.

Kmart, a unit of Sears Holdings Corp, is offering more than
100 generic antibiotics and cold treatments for $5 a
prescription and has lowered the cost of a three-month supply
for many drugs to $10 from $15 at its 1,100 pharmacies
nationwide.

There are still some generic drugs — about 130 — that
cost $15 for the 90-day supply, a spokeswoman said.

Additionally, the retailer also said it now provides about
50 generic drugs for women — including oral contraceptives,
prenatal and osteoporosis medications — at prices of up to $25
for a 90-day supply.

Kmart is seeking to boost sales as its parent company
restructures operations.

Programs offering discounted prices for drugs have
proliferated since Wal-Mart Stores Inc began offering widely
used generic prescriptions for $4 in 2006. Since then,
retailers including grocery stores have moved to offer
lower-cost generic drugs.

(Reporting by Karen Jacobs, editing by Gerald E. McCormick)