NACDS, NCPA urge no hike in Tricare co-pays
WASHINGTON — The National Association of Chain Drug Stores (NACDS) and the National Community Pharmacists Association (NCPA) have proved they remain vigilant in communicating with Congress on not...
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Jean Coutu store network sees 1Q sales uptick
VARENNES, Quebec — Sales gains in the front end helped lift revenue for the Jean Coutu Group retail store network in the company’s fiscal 2017 first quarter. Jean Coutu said Tuesday that for the first...
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Walgreens Boots Alliance posts 3Q gains
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) saw sales and adjusted net earnings rise in its fiscal 2016 third quarter, with adjusted earnings per share exceeding Wall Street’s consensus forecast....
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Sobeys loses appeal of ban on pharmacy rewards
VANCOUVER, British Columbia — The Supreme Court of Canada has rejected an appeal by Sobeys Inc. to permit British Columbia consumers to collect rewards points on pharmacy purchases. The decision...
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Ahold, Delhaize: Merger may close this month
Plans call for Ahold’s Dick Boer (right) to be the CEO of the merged company and Delhaize’s Frans Muller (left) to be deputy CEO. BRUSSELS, Belgium — Delhaize Group and Ahold expect to complete their...
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Delhaize, Ahold to divest 86 U.S. stores
Among the divested stores are locations of Delhaize’s Hannaford and Ahold’s Martin’s supermarket chains. BRUSSELS — The U.S. subsidiaries of Delhaize Group and Ahold NV have reached agreements with...
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Fast-growing Genoa plans more pharmacies
TUKWILA, Wash. — Genoa, a QoL Healthcare Co., is one of the fastest-growing community pharmacy operators anywhere. Genoa CEO John Figueroa Specializing in pharmacy services for behavioral health...
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Kroger to buy specialty pharmacy ModernHEALTH
CINCINNATI — Boosting its presence in the fast-growing specialty pharmacy arena, Kroger Co. has unveiled a deal for its Axium Pharmacy Holdings Inc. subsidiary to acquire Modern HC Holdings Inc., the...
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Delhaize, Ahold close merger deal
**Article Update** BRUSSELS, Belgium, and ZAANDAM, the Netherlands — Delhaize Group and Royal Ahold completed their merger, as expected, on July 23. The Europe-based food and drug retailers said...
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Walgreens to shut down drugstore.com
DEERFIELD, Ill. — Walgreens is shutting down drugstore.com and Beauty.com in an effort to focus on Walgreens.com. Walgreens acquired drugstore.com in 2011. The retailer, which acquired the two...
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Retail pharmacies go to bat for immunizations
ARLINGTON, Va. — Bartell Drugs, Quality Food Centers (QFC), Hy-Vee and Giant Eagle are participating in National Association of Chain Drug Stores projects to demonstrate value-based payment models for...
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Pharmacy boosts CVS Health in second quarter
WOONSOCKET, R.I. — Rising PBM and specialty pharmacy sales and recently acquired pharmacy businesses lifted revenue at CVS Health Corp. for the second quarter, with adjusted earnings per share topping...
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Walgreens names new VP of digital health
DEERFIELD, Ill. — Walgreens is promoting Greg Orr to vice president of digital health, taking over from Adam Pellegrini, who is leaving the company to join Fitbit Inc. Greg Orr A Walgreens spokeswoman...
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Walgreens: Interventions can make difference
DEERFIELD, Ill. — Pharmacist interventions and benefit plan designs with low co-payments can help improve adherence to cholesterol-lowering drugs for patients in minority communities, according to a...
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As FTC weighs Rite Aid deal, WBA moves ahead
It has been slightly more than nine months since Walgreens Boots Alliance agreed to acquire Rite Aid in a $17.2 billion all-cash transaction. Since that time, speculation about whether the...
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At TSE, NACDS members create industry’s future
I was asked to share with Chain Drug Review readers a few thoughts about what is new in terms of pharmacy and front-end topics. As it turns out, the answer to this question is very similar to the...
View Article‘We need end-to-end thinking about health care’
BOSTON — National Association of Chain Drug Stores leaders told retailers and suppliers at the 2016 NACDS Total Store Expo that they’re well-positioned to help the nation meet challenges in health...
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Walmart to acquire Jet.com in $3.3 billion deal
BENTONVILLE, Ark. — Following recent reports that a deal was in the works, Walmart announced that it’s buying online retailer Jet.com Inc. in a transaction valued at $3.3 billion. Walmart said...
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McKesson Canada president leaves for new job
TORONTO — McKesson Canada president Alain Champagne is leaving the company to join sales training and development firm Optimé International as a partner and chief executive officer. Alain Champagne...
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CVS unveils its own mobile payment solution
WOONSOCKET, R.I. — CVS Health is piloting its own mobile payment tool called CVS Pay, designed to expedite the checkout process. CVS said Thursday that CVS Pay, part of the CVS Pharmacy mobile app, is...
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