Video Forum: Dr. David Carmouche, Walmart
Dr. David Carmouche, senior vice president of omnichannel care at Walmart, tells this week’s Video Forum about the company’s plan to double the footprint of its eponymous health centers. He also...
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NACDS praises continued focus and diligence on PBM reform
ARLINGTON, Va. – National Association of Chain Drug Stores (NACDS) president and chief executive officer Steven Anderson issued the following statement today upon passage of the Pharmacy Benefit...
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CVS Health to close acquisition of Signify Health
WOONSOCKET, R.I. — CVS Health announced it expects to complete its acquisition of Signify Health on or around March 29, 2023, subject to the satisfaction or waiver of the remaining customary closing...
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WBA’s second quarter results beat expectations
DEERFIELD, Ill. — Walgreens Boots Alliance’s second quarter sales and earnings topped Wall Street’s forecast, even as its net profit slid more than 20%. The company reported adjusted earnings per...
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Amazon Rx adds new coupon tool
NEW YORK — Amazon has put another building block in place as it works to bring the experience of pharmacy customers fully into the digital era. This morning the company unveiled a feature on the...
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CVS Health completes acquisition of Signify Health
WOONSOCKET, R.I. — CVS Health announced on Wednesday that it has completed its acquisition of Signify Health. Signify Health is a leading technology and services company, focused on provider...
View ArticleVideo Forum: Lokesh Ohri, EY, Part 1
In this week’s Video Forum, Lokesh Ohri, Americas consumer consulting leader and a principal at EY, analyzes the changing behavior of shoppers in the wake of the COVID pandemic. Ohri also shares...
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Walmart outlines growth strategy
BENTONVILLE, Ark. – Walmart is using its two-day 2023 Investment Community meeting to provide details of its investment approach. Company leaders are presenting a roadmap for how investments centered...
View ArticleVideo Forum: Lokesh Ohri, EY, Part 2
In the conclusion of a two-part interview, Lokesh Ohri, Americas consumer consulting leader and a principal at EY, talks about major retailers’ use of technology and their growing scope in health care...
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Walgreens, VillageMD expand to Colorado
DEERFIELD, Ill. – Walgreens U.S. Healthcare segment and VillageMD announced the expansion of Village Medical at Walgreens into Colorado, with three new primary care practices, two in Fort Collins and...
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NACDS lauds major victory for patient access
ARLINGTON, Va. –The National Association of Chain Drug Stores (NACDS) is applauding the Biden Administration’s announcement today that it plans to preserve much of the pharmacy access that now is...
View ArticleVideo Forum: Marty Esarte, Walgreens
In this week’s Video Forum, Marty Esarte, group vice president of owned brands at Walgreens, discusses efforts to strengthen the drug chain’s already robust assortment of private label merchandise....
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CVS Health and Catholic Health collaborate
WOONSOCKET, R.I. — CVS Accountable Care Organization, a division of the CVS Health family of businesses, announced it has entered into a collaboration with Catholic Health and Catholic Health...
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Rite Aid narrows loss in fourth quarter
PHILADELPHIA — Rite Aid reported a net loss of $241.3 million, or $4.39 per share, for its fourth quarter, compared to a net loss of $389.1 million, or $7.18 per share in the year-ago period. The...
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Anderson: Hard work boosts momentum for pharmacy
ARLINGTON, Va. — Momentum for pro-pharmacy legislation is building in both political parties and in both houses of Congress, as the industry’s invaluable role during the pandemic continues to shape...
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Annual Meeting marks NACDS’ 90th anniversary
Brian Nightengale, NACDS chair of the Board and president, Good Neighbor Pharmacy. PALM BEACH, Fla. – Leaders of the National Association of Chain Drug Stores (NACDS) on Sunday addressed a high-energy...
View ArticleVideo Forum: Mike Wysong, CARE Pharmacies
Mike Wysong, chief executive officer of CARE Pharmacies, shares his thoughts with Video Forum as he assumes the chairman’s role at the National Association of Chain Drug Stores a year earlier than...
View ArticleVideo Forum: Justin Honaman, Amazon Web Services
In the first installment of a two-part interview, Justin Honaman, head of worldwide retail and consumer goods go-to-market at Amazon Web Services, tells this week’s Video Forum about what retailers...
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CVS beats first quarter revenue and earnings projections
WOONSOCKET, R.I. — CVS Health posted first quarter sales and earnings that topped Wall Street’s forecasts. Revenue for the period ended March 31 rose 11% to $85.3 billion, exceeding analysts’...
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DeSantis signs Florida PBM bill
JUPITER, Fla. — Gov. Ron DeSantis on Wednesday signed comprehensive PBM regulation into Florida law. The Prescription Drug Reform Act increases accountability for PBMs, provides for greater pharmacy...
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