CVS Health promotes Jon Roberts to COO
WOONSOCKET, R.I. — Veteran CVS Health executive Jon Roberts has been named the company’s executive vice president and chief operating officer, a new position. Jon Roberts CVS said Thursday that...
View ArticleFred’s revamps its board of directors
MEMPHIS, Tenn. — Fred’s Inc. has overhauled its board of directors, including the appointment of chief executive officer Michael Bloom and retail industry veterans Christopher Bodine and Peter Bocian...
View ArticleStudy touts savings of Rx-to-OTC switches
OTTAWA — More than $1 billion could be saved by the Canadian health care system and economy by switching three categories of drugs from prescription to over-the-counter, new research finds. Consumer...
View ArticleWalgreens names chief merchant, marketer
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) has appointed Joseph Hartsig as chief merchandising officer and Adam Holyk as chief marketing officer for Walgreens. Joseph Hartsig WBA said Friday that...
View ArticleTurning 75, Lewis Drug looks back — and ahead
Lewis Drug is celebrating its 75th anniversary, and the company is marking the occasion with a yearlong series of promotions and special events. The first of them, Customer Appreciation Day on March...
View ArticleCVS steers more funds to tobacco-free campaign
WOONSOCKET, R.I. — CVS Health has earmarked $10 million in new and expanded partnerships and programs for the second year of “Be The First,” its five-year, $50 million initiative to help deliver the...
View ArticleCVS Health reins in prescription drug trend
WOONSOCKET, R.I. — CVS Health said it was able to counteract rising prescription drug prices for its pharmacy benefit management clients in 2016, achieving their lowest drug trend in the past four...
View ArticleSenator: C-THRU bill ‘shines light’ on drug pricing
WASHINGTON — Sen. Ron Wyden (D., Ore.) has introduced the Creating Transparency to Have Drug Rebates Unlocked Act (C-THRU), aimed at bringing more visibility into prescription drug pricing by pharmacy...
View ArticlePublix Pharmacy branches out in delivery of care
LAKELAND, Fla. — Publix Pharmacy is working with BayCare Health System to provide a range of pharmacy and health care destinations in the Tampa Bay and central Florida region. Publix Super Markets Inc....
View ArticleMore in-store clinics coming to Bartell Drugs
SEATTLE — Bartell Drugs and health care and benefits provider Kaiser Permanente have opened the first of five CareClinic in-store clinics planned for this year. The Seattle-area drug chain said a...
View ArticlePharmasave reaches the 600-store mark
LANGLEY, British Columbia — Continuing its steady expansion, Pharmasave Drugs National Ltd. has reached a milestone with the opening of its 600th store. One of Canada’s largest pharmacy operations,...
View ArticleWalmart claims biggest share in personal care
SHELTON, Conn. — Walmart holds the largest share of the personal care market among all retailers, according to TABS Analytics. Meanwhile, CVS Pharmacy and Walgreens have helped make rewards programs...
View ArticleMass retailers reap benefits of beauty makeover
NEW YORK — Efforts that mass market retailers started last year to brush up their beauty departments and court new shoppers are starting to register. Mass market beauty care sales rose only 2% in 2016,...
View ArticlePublix tops retailers in customer experience
WABAN, Mass. — Supermarkets led the way in delivering the best customer experience in the retail industry, according to the 2017 Temkin Experience Ratings. Temkin Group’s annual customer experience...
View ArticleCongress urged to move on DIR fee legislation
ALEXANDRIA, Va. — Chain drug retailers were among 118 health care stakeholders calling on Congress this week to crack down on direct and indirect remuneration fees in Medicare Part D. Marshaled by the...
View ArticleNACDS, NCPA file suit against Washington state
OLYMPIA, Wash. — The National Association of Chain Drug Stores, National Community Pharmacists Association and Washington State Pharmacy Association (WSPA) are suing Washington state over a rule they...
View ArticleWalgreens, Prime Therapeutics launch company
DEERFIELD, Ill., and ST. PAUL, Minn. — Walgreens and pharmacy benefit manager Prime Therapeutics LLC have completed their transaction to form a joint pharmacy services company and announced its...
View ArticleWalgreens Boots Alliance sees sales dip in 2Q
DEERFIELD, Ill. — Despite an uptick in its Retail Pharmacy USA division, Walgreens Boots Alliance (WBA) reported declined sales for its fiscal 2017 second quarter, with adjusted earnings per share in...
View ArticleFred’s ends fiscal year with net loss, lower sales
MEMPHIS, Tenn. — Fred’s Inc. reported declined sales and net losses for its 2016 fourth quarter and fiscal year as it awaits regulatory approval to buy up to 1,200 drug stores in connection with the...
View ArticleBartell Drugs CEO Brian Unmacht resigns
SEATTLE — After just two years on the job, Bartell Drugs chief executive officer Brian Unmacht has resigned. Bartell Drugs on Friday confirmed a published report that Unmacht — the first person outside...
View Article