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Inside This Issue - News

CVS pulls plug on sale of tobacco products

Stressing that it was first and foremost a health care provider, CVS Caremark Corp. announced earlier this month that its drug stores will stop selling tobacco products later this year.

Reaction to CVS’ decision is immediate and intense

The decision by CVS Caremark Corp. to halt sales of tobacco products through its CVS/pharmacy outlets by October 1 has ignited a storm of public comment and speculation about its implications for the drug chain’s financial performance and those of its competitors.

Panzer exits Pharmaca for Sears

Mark Panzer has stepped down as president and chief executive officer of Pharmaca Integrative Pharmacy to head Kmart pharmacies for Sears Holdings Corp.

Regional drug chains look to future

Issues ranging from the Affordable Care Act’s implementation to digital technology’s impact on shoppers and stores were explored at the National Association of Chain Drug Stores Regional Chain Conference here.

Controversy erupts over ACA impact on workforce

Debate is raging over a federal agency’s finding that the Affordable Care Act may result in 2.5 million fewer full-time workers.

Mahlman to succeed Powell at London Drugs

London Drugs president and chief executive officer Wynne Powell has announced his plans to retire at the end of the month.

Walgreens uses technology to improve care

Walgreen Co. is expanding its relationship with Inovalon Inc. to implement the technology company’s patient assessment software and platform to support improvements in care, quality and risk score accuracy programs across more than 400 of the retailer’s Healthcare Clinics.

Lawsuits center on patent for Rx app

Walgreen Co. has filed lawsuits against CVS Caremark Corp., Rite Aid Corp. and Shopko Stores Operating Co., claiming that their mobile applications infringe on its “refill by scan” technology patent.

Health kiosks slated for Rite Aid

Rite Aid Corp. plans to deploy health kiosks that will allow customers to measure and track their weight, body mass index, pulse and blood pressure.

Consumer Reports looks at pharmacy satisfaction

The major annual surveys of pharmacy customers consistently show a high level of satisfaction with retail pharmacy, and the latest iteration from Consumer Reports magazine is no exception.

Push to implement smart cards accelerates at Target

Target Corp. intends to accelerate its shift to more secure microchip-enabled smart cards in the wake of the massive data breach that hit the retailer during the holiday shopping season.

New CEO takes helm as Walmart scales back outlook

Walmart lowered its sales and earnings projections for the fourth quarter of its 2014 fiscal year, citing weaker-than-expected comparable-store sales at U.S. Walmart and Sam’s Club outlets.