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NACDS aims to boost pharmacy immunizations
ARLINGTON, Va. — A request-for-proposals (RFP) by the National Association of Chain Drug Stores will offer up to two awards of $300,000 each for demonstration projects that increase pharmacy-based...
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Anderson named trade group CEO of the year
WASHINGTON — Steve Anderson, president and chief executive officer of the National Association of Chain Drug Stores, has been honored as the 2016 Trade Association CEO of the Year by an independent...
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CVS sees drop in PBM prescription drug trend
WOONSOCKET, R.I. — CVS Health reported a significant decrease in the prescription drug trend for its Caremark pharmacy benefit management (PBM) clients last year. CVS said Tuesday that the...
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Drug stores see decline in customer satisfaction
ANN ARBOR, Mich. — Customer satisfaction with drug stores fell last year as part of an overall decline among retailers, according to the American Customer Satisfaction Index (ACSI). ACSI covers six...
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Shoppers Drug Mart has strong finish to 2015
BRAMPTON, Ontario — Shoppers Drug Mart saw revenue and comparable-store sales climb for the 2015 fourth quarter and fiscal year. Parent Loblaw Cos. said Thursday that for the fourth quarter ended Jan....
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NACDS backs Senate prescription drug abuse bill
ARLINGTON, Va. — The National Association of Chain Drug Stores has endorsed legislation that would promote the collaboration of health and enforcement authorities in fighting prescription drug abuse...
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McKesson to acquire Rexall for $1.9 billion
SAN FRANCISCO and TORONTO — McKesson Corp. plans to acquire Canadian drug store operator Rexall Health from Katz Group for $1.9 billion ($3 billion Canadian). McKesson said Wednesday that the deal...
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Rite Aid comp-store sales decline in February
CAMP HILL, Pa. — Comparable-store sales continued to edge down at Rite Aid Corp. in February, but the drug chain reported sales gains for its 2016 fiscal year. Rite Aid said Thursday that for the five...
View ArticleRitzman ‘pharmacy of the future’ makes debut
WADSWORTH, Ohio — Ritzman Pharmacy is holding the grand opening of its “pharmacy of the future” location in the Northeast Ohio Medical University (NEOMED) Education and Wellness Center. Ritzman said...
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Walgreens teams up with CDC to fight Zika virus
DEERFIELD, Ill. — Walgreens is working with the Centers for Disease Control and Prevention (CDC) to help prevent the spread of the Zika virus in Puerto Rico. The drug chain said Monday that all 120 of...
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Prescription drugs fuel rise in health spending
WASHINGTON — U.S. spending on prescription drugs is projected to continue climbing faster than overall health care expenditures, according to a new report from the Department of Health and Human...
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CVS Health ups the ante in smoking prevention
WOONSOCKET, R.I. — Building on the removal of tobacco products from all of its drug stores, CVS Health has launched a major effort to stop people from smoking before they start. CVS on Thursday...
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Ahold, Delhaize merger approved by shareholders
ZAANDAM, the Netherlands, and BRUSSELS, Belgium — Shareholders of Koninklijke Ahold N.V. and Delhaize Group have voted to approve the proposed merger of the two retailers Ahold Delhaize would be the...
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First MinuteClinics debut in Target stores
WOONSOCKET, R.I. — CVS Health has opened its first MinuteClinic walk-in medical clinics inside Target stores in the Charlotte and Raleigh-Durham, N.C., markets. CVS said Tuesday that the clinics are...
View ArticlePharmacy delivers message at NACDS RxImpact Day
WASHINGTON — Nearly 400 pharmacy advocates from 43 states converged on Capitol Hill for the National Association of Chain Drug Stores’ annual RxImpact Day grassroots lobbying drive. NACDS said the...
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Walgreens, OptumRx plan integrated Rx offering
DEERFIELD, Ill. and EDEN PRAIRIE, Minn. — Walgreens and pharmacy benefit manager OptumRx are collaborating on an an integrated pharmacy care solution that blends attributes of in-store and mail-order...
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WBA increases its stake in AmerisourceBergen
DEERFIELD, Ill. — As part of a long-term partnership announced three years ago, Walgreens Boots Alliance (WBA) is enlarging its equity stake in AmerisourceBergen. WBA said Friday that it has exercised...
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Pfizer, Allergan call off $160 billion merger
NEW YORK — Pfizer Inc. said Wednesday that its merger agreement with Allergan PLC has been terminated by mutual agreement, a decision driven by the Treasury Department’s announcement of new rules...
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Rite Aid finishes fiscal 2016 on an up note
CAMP HILL, Pa. — Boosted by its acquisition of EnvisionRx, Rite Aid Corp. saw sales rise for its fiscal 2016 fourth quarter and full year, with adjusted earnings per share topping Wall Street...
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Lewis Drug nears milestone with 50th store
SIOUX FALLS, S.D. — Lewis Drug is getting ready to open its 50th store, which will mark a milestone for the regional pharmacy chain. The outlet, formerly an independent pharmacy, is located rural...
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