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Inside This Issue - News

Albertson’s to acquire 877 stores from Supervalu

The parent company of Albertson’s LLC has agreed to acquire five supermarket chains from Supervalu Inc. for $3.3 billion, making Albertsons one of the top 10 U.S. pharmacy chains as measured by number of prescription counters.

Walgreens looks back at productive year

Walgreen Co.'s 2012 annual shareholders meeting will be remembered as among the most impressive in the long series, both for the accomplishments that framed the event and for the message Greg Wasson, Walgreens’ president and chief executive officer, delivered in explaining what have arguably been the most productive, if sometimes confusing, 12 months in the retailer’s 112-year history.

Interaction with patients a sine qua non for pharmacists

As retail pharmacy recreates itself as a first-line health care provider rather than simply a dispenser of medications, pharmacist engagement is assuming increasing importance.

In-store clinics gaining traction

Walk-in medical clinics located in retail pharmacies, workplaces and other venues are growing in popularity, according to a new Harris Interactive/HealthDay poll.

Safeway’s Burd set to retire

Steve Burd, longtime chairman and chief executive officer at Safeway Inc., will retire in May as he seeks additional personal time and pursues his work in health care.

Fiscal cliff averted, but new budget battles loom

The down-to-the-wire fight over the fiscal cliff was only a prelude to upcoming budget battles.

Rite Aid highlights 50th anniversary savings, services

As Rite Aid Corp. wraps up its 50th anniversary celebration, the company is offering customers new opportunities to save money and highlighting the role its pharmacists can play in helping people adhere to their New Year’s resolutions.

Growth in health care spending remains at moderate pace

Although U.S. health care spending climbed to $2.7 trillion in 2011, as a share of the economy it remained stable for the third consecutive year, according to Obama administration figures.

Stakeholders prepare for health reform

States are taking steps to initiate health insurance exchanges while businesses mull over the future of their benefit offerings at the same time that some insurers are increasing rates by double digits.

Trappani joins Family Dollar

Former CVS Caremark Corp. executive Jim Trappani has joined Family Dollar Stores Inc. as vice president of health and beauty aids.