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Shoppers Drug Mart unveils employer drug plan
BRAMPTON, Ontario — Shoppers Drug Mart is launching HealthWatch for Business, a new prescription drug plan for Canadian employers that integrates with their current health coverage. Parent Loblaw Cos....
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McKesson Canada to acquire Uniprix
ST. LAURENT, Quebec — McKesson Canada has reached an agreement to buy Quebec drug chain Uniprix. Financial terms of the deal weren’t disclosed. The companies said Wednesday that, under the agreement,...
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NACDS backs Preventive Health Savings Act
ARLINGTON, Va. — The National Association of Chain Drug Stores has voiced support of impending legislation that would highlight the value of disease prevention and wellness in lowering health care...
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Loblaw: More fresh food for Shoppers Drug Mart
BRAMPTON, Ontario — Loblaw Cos. plans a spate of retail store enhancements, including at its Shoppers Drug Mart chain, as part of a $1.3 billion capital investment. Canada’s largest food and drug...
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CVS MinuteClinic expands veterans’ access to care
PHOENIX — CVS Health’s MinuteClinic is taking part in a public-private alliance to expand access to health care services for veterans in the Phoenix area. Under an initiative by the Department of...
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CVS Pharmacy pushes ahead with front-end plan
CVS Pharmacy’s Judy Sansone (left) and Helena Foulkes at the front-end brand showcase in Manhattan. WOONSOCKET, R.I. — CVS Pharmacy has unveiled the next phase of its front-end strategy, including new...
View ArticleCVS showcases new front-of-store experience
NEW YORK — As shown by the evolution of its front-end strategy, CVS didn’t change its name to CVS Health and remove tobacco products from its stores more than two years ago for nothing. Executives at...
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Chain drug industry adapts amid uncertainty
NEW YORK — These are uncertain times for chain drug stores. The turbulent political atmosphere surrounding the Affordable Care Act, combined with the undetermined outcome of Walgreens Boots Alliance...
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Under Anderson, NACDS always ready to respond
Steve Anderson, NACDS president and CEO ARLINGTON, Va. — One of the many strengths of the National Association of Chain Drug Stores has been its advocacy role in public policy. In the wake of last...
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Outlook: New landscape for drug chains?
NEW YORK — Entering the second quarter of 2017, the chain drug industry was awaiting answers to a couple of big, lingering questions. First, what will the chain drug landscape look like? A significant...
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Gourlay’s global view to benefit NACDS
Alex Gourlay, Walgreens Boots Alliance co-COO DEERFIELD, Ill. — Alex Gourlay, co-chief operating officer of Walgreens Boots Alliance Inc. (WBA), brings a unique global perspective as the incoming...
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Rite Aid finishes fiscal year on positive note
CAMP HILL, Pa. — Despite declines in net income, Rite Aid Corp. posted increased sales and exceeded Wall Street’s adjusted earnings per share forecast for its fiscal 2017 fourth quarter and year....
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Jean Coutu has strong close to 2017 fiscal year
VARENNES, Quebec — Jean Coutu Group saw retail and corporate sales climb for the fourth quarter and full year of fiscal 2017. Adjusted earnings per share also were in line with analysts’ expectations,...
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Health Mart helps its pharmacies get an edge
SAN FRANCISCO — Health Mart’s Pathway to Better Pharmacy Performance and Profit is helping its more than 4,800 stores shift clinical pharmacy operations and performance to improve their financials and...
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Medicine Shoppe keeps franchisees competitive
COLUMBUS, Ohio — One of the key features that distinguish Medicine Shoppe International Inc. (MSI) from other chains is the company’s dedication to providing “high-quality, results-driven” business...
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CVS Health tops Wall Street’s 1Q forecast
WOONSOCKET, R.I. — Despite declines in its retail pharmacy business, CVS Health saw sales rise and beat Wall Street’s earnings projections for its fiscal 2017 first quarter. CVS said Tuesday that for...
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Sales decline at Fred’s Pharmacy
MEMPHIS, Tenn. — Fred’s Pharmacy reported declined sales for April and its fiscal 2017 first quarter, though seasonal business lifted same-store sales for the month. Fred’s said Thursday that sales...
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House passes bill to repeal Affordable Care Act
WASHINGTON — The House of Representatives today narrowly approved a bill to dismantle the Affordable Care Act. Legislators voted 217-213 to overturn many of the law’s popular consumer protections,...
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With health care back in play, industry steps up
After many fits and starts, Republicans in the House of Representatives have finally succeeded in passing a bill that would, if the Senate concurs, repeal the Affordable Care Act, the landmark...
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WBA, Rite Aid certify compliance with FTC
DEERFIELD, Ill., and CAMP HILL, Pa. — Walgreens Boots Alliance (WBA) and Rite Aid Corp. said they have met the Federal Trade Commission’s second request for information on their planned merger. Late...
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