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Inside This Issue - News

2014 Retail Forecast: Chain drug execs look ahead

Chain drug executives in the United States and Canada expect 2014 to be a pivotal year for the industry as the changing face of health care is impacting community pharmacies on both sides of the border.

Rite Aid execs named Retailers of the Year by CDR

The editors of Chain Drug Review have chosen John Standley, Ken Martindale and Frank Vitrano, Rite Aid Corp.’s senior management triumvirate, as the publication’s Chain Drug Retailers of the Year for 2013.

CVS Caremark honored for expanding scope of Rx

For almost a decade, CVS Caremark Corp. has been synonymous with the drive to expand the boundaries of community pharmacy.

Walgreens’ Wagner is top operations exec

Overlooked amid the dramatic merger, acquisition and assimilation activity that defined and characterized Walgreen Co. in 2013 was a stunning if less obvious set of initiatives that put Walgreens on the cutting edge of innovative retailing concepts and initiatives.

Lifetime achievement award goes to Kerr Drug's Civello

In his nearly five decades in chain drug retailing, Anthony Civello has made an indelible mark on the industry.

Lubin recognized for lifetime contributions at Walgreens

Steve Lubin had just finished a presentation in Anchorage to all the suppliers Walgreens was looking to do business with at its new stores in Alaska. “Any questions?” he asked. An executive from Alaska Chip Co. stood up and said, “You say you know a lot about us and want to be part of the community. So tell me, what’s our state flower?”

CVS, Cardinal team up for generics sourcing

CVS Caremark Corp. and Cardinal Health Inc. have inked a deal to form the largest generic drug sourcing entity in the United States, which is the world’s largest generics market.

Holiday sales impacted by shorter shopping season

A late Thanksgiving dampened holiday sales at drug chains, but the trade class still put up better numbers than the retail industry overall.

Implementation of ACA proceeds by fits and starts

Heavy website traffic late last month led the Obama administration to twice extend the enrollment deadline for health insurance under the Affordable Care Act.

NACDS questions impact of restricted Rx networks

The National Association of Chain Drug Stores says it is concerned about restricted pharmacy networks in the Affordable Care Act health insurance exchange plans.

Pharmacists continue to rate highly for integrity

Pharmacists continue to garner high rankings in the annual Gallup survey seeking Americans’ perspectives on how well members of various professions measure up in demonstrating honesty and upholding ethical standards.

CVS Caremark pursues ‘purposeful innovation’

Flexibility and an unmatched breadth of assets position CVS Caremark Corp. to thrive in a changing health care landscape, executives said at the company’s annual analyst day event.

Tuffin to head Kroger retail units

Kroger Co. has promoted Mark Tuffin to senior vice president of retail divisions.

Target hit by fallout from large theft of customer data

Target Corp. faced a consumer backlash at the height of the holiday shopping season following the revelation that credit and debit card data was stolen from as many as 40 million of its customers.

Greater access to Rx immunization services sought

More Canadians could be vaccinated for flu if pharmacists in all provinces were permitted to immunize, a recently isued Shoppers Drug Mart report concludes.

Giant Eagle acquires specialty Rx operator

Giant Eagle Inc. has added to its health and wellness offerings with the acquisition of Rx21 Specialty Pharmacy, enabling the food and drug retailer to provide enhanced services to hepatitis C and organ transplant patients and providers.

Sav-Mor/Sav-On will roll out health care kiosks

Sav-Mor/Sav-On Pharmacies plans to deploy PharmaSmart International Inc.’s biometric screening kiosk and health information technology solution in all of its stores.

Many retailers unhappy with credit card fee deal

A federal judge last month approved an estimated $5.7 billion class-action settlement between retailers and two major credit card companies. The approval came despite thousands of retailers complaining that the agreement on the fees the credit companies charged was inadequate.

Marketing of CVS’ SilverScript PDP resumes

Federal regulators have lifted sanctions imposed against CVS Caremark Corp.’s SilverScript Medicare Part D prescription drug plan (PDP).

Walgreens, CDC collaborate on model for HIV patient care

Walgreen Co. is working with the Centers for Disease Control and Prevention (CDC) to develop and evaluate a model of HIV patient-centered care through a national project aimed at advancing clinical integration and medication therapy ­management.

Navarro implements EZ Meds

Navarro Discount Pharmacy has introduced the EZ Meds medicine packaging system that organizes a patient’s prescription medications into individual packets with labels and complete instructions.

Jean Coutu deploys new retail management system

Jean Coutu Group is implementing the Microsoft Dynamics for Retail workforce management solution to run its entire retail operations, from its headquarters to point-of-sale devices.

Weber is appointed VP at Fruth

Tim Weber has been promoted to vice president at Fruth Pharmacy.

In Maryland, Walgreens offers daily health tests

Walgreen Co. is offering daily testing for cholesterol, blood glucose and body composition at more than 60 stores in Maryland.

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