Clik here to view.
Walgreens integrates rewards with Apple Pay
DEERFIELD, Ill. — Walgreens has become the first merchant to integrate its customer rewards program with the Apple Pay mobile payment platform. Also on Thursday, Walgreens announced plans to migrate...
View ArticleClik here to view.
Walgreens proceeds with telehealth expansion
DEERFIELD, Ill. — Walgreens has begun offering telehealth services in another 20 states under its partnership with connected health provider MDLive. The drug chain said Tuesday that via an expansion...
View ArticleClik here to view.
Rite Aid launches genetic testing for Rx
A self-administered oral swab in the pharmacy provides the sample for the Harmonyx genetic test. CAMP HILL, Pa. — Rite Aid Corp. has begun offering Harmonyx Diagnostics genetic testing for...
View ArticleClik here to view.
CVS partners with campaign to drive primary care
WASHINGTON — CVS Health is collaborating with the “Health is Primary” campaign of Family Medicine for America’s Health (FMAHealth) to spur coordination of care between primary care providers and retail...
View ArticleClik here to view.
Walgreens’ Chawla joins Kohl’s as COO
MENOMONEE FALLS, Wis. – Sona Chawla, president of digital and chief marketing officer at Walgreen Co., has been named chief operating officer at Kohl’s Department Stores. Sona Chawla She will join...
View ArticleClik here to view.
Walmart names president of health and wellness
George Riedl BENTONVILLE, Ark. — Former longtime Walgreens executive George Riedl has been named a senior vice president and president of health and wellness at Walmart. He succeeds Labeed Diab, who...
View ArticleClik here to view.
Pfizer to acquire Allergan for $160 billion
NEW YORK and DUBLIN, Ireland — Pfizer Inc. plans to acquire Allergan Inc. for about $160 billion in the biggest deal ever in the health care sector. Pfizer said Monday that the transaction will allow...
View ArticleClik here to view.
What it will take to get the WBA-Rite Aid deal done
Source: Market Track DEERFIELD, Ill. — Estimates vary widely on the number of stores Walgreens Boots Alliance Inc. (WBA) will divest as part of its $17.2 billion acquisition of Rite Aid Corp. In a...
View ArticleClik here to view.
For Rxs and OTCs, Americans favor generics
NEW YORK — When given a choice in purchasing a prescription or over-the-counter drug, most U.S. consumers will opt for a generic product, a new Harris Poll finds. Harris said Wednesday that of the...
View ArticleClik here to view.
Rite Aid ready to do a lot more than fill scripts
CAMP HILL, Pa. — With its recent acquisitions, Rite Aid Corp. is well-positioned to further expand its health care capabilities, according to chairman and chief executive officer John Standley. The...
View ArticleClik here to view.
Walmart launches own mobile payment platform
BENTONVILLE, Ark. — Despite the emergence of multiple mobile payment platforms, Walmart has gone ahead and launched its own: Walmart Pay. The retail giant said Thursday that the debut of Walmart Pay...
View ArticleClik here to view.
FTC requests more info on WBA-Rite Aid deal
DEERFIELD, Ill., and CAMP HILL, Pa. —The Federal Trade Commission has requested additional information from Walgreens Boots Alliance (WBA) Inc. and Rite Aid Corp. regarding WBA’s proposed acquisition...
View ArticleClik here to view.
Walgreens, Valeant plan direct distribution model
LAVAL, Quebec, and DEERFIELD, Ill. — Valeant Pharmaceuticals International Inc. and Walgreens have entered agreements in which the drug maker will directly distribute branded prescription drugs in a...
View ArticleClik here to view.
CVS Health’s Merlo: ‘No one is better positioned’
CVS Health president and CEO Larry Merlo: “We are the only health care company that is truly channel-agnostic.” NEW YORK — At its annual Analyst Day event here, CVS Health updated its earnings...
View ArticleClik here to view.
Rite Aid 3Q earnings meet Wall Street’s forecast
CAMP HILL, Pa. — Rite Aid Corp. posted fiscal 2016 third-quarter adjusted earnings in line with Wall Street estimates and announced a special shareholders meeting to vote on its $17.2 billion deal to...
View ArticleClik here to view.
WBA makes financing move for Rite Aid acquisition
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) Inc. has completed $12.8 billion in term loan facilities as part of the financing for its $17.2 billion deal to acquire Rite Aid Corp. WBA said Monday...
View ArticleClik here to view.
Lawmakers see pharmacists as linchpin for MTM
ARLINGTON, Va. — A bipartisan coalition of congressmen is urging the participation of retail pharmacists in a new initiative to improve the use of medication therapy management (MTM) in Medicare. The...
View ArticleClik here to view.
Holiday retail sales edge up in 2015
NEW YORK — Drug chains were not immune to the shift in holiday shopping away from brick-and-mortar retailing. Holiday retail sales growth barely exceeded 4%, down from last season’s 4.4% advance and...
View ArticleClik here to view.
Pessina, Rite Aid team named Retailers of Year
Stefano Pessina, executive vice chairman and CEO of Walgreens Boots Alliance, and John Standley, chairman and CEO of Rite Aid For 2015, the editors of Chain Drug Review have chosen to give the...
View ArticleClik here to view.
CVS’ Judy Sansone is Merchant of Year
WOONSOCKET, R.I. — Over the course of the past decade, CVS Health has undergone profound changes, transforming itself from a traditional drug store operator into a health care innovation company. One...
View Article