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Inside This Issue - News

Standley moves quickly to fill COO’s post at Rite Aid

A day after Rite Aid Corp. chief operating officer John Standley took the reins as the drug chain’s president and chief executive officer, the company named senior executive vice president of merchandising, marketing and logistics Ken Martindale as its new chief operating officer.

Walgreens poised to bolster food offerings

Later this summer Walgreen Co. plans to give its customers a taste of Duane Reade’s successful private label program as it continues to ramp up its food offering.

MTM legislation wins support from Rx groups

Building on the pharmacy-specific provisions in the health care reform law, the National Association of Chain Drug Stores and the National Community Pharmacists Association (NCPA) have endorsed medication therapy management (MTM) legislation.

Walmart shifts key U.S. executives

Wal­mart has made several changes in its management ranks in recent weeks.

Pharmasave, Rx PharmaChoice team up

The Canadian drug chains Pharmasave and Rx PharmaChoice have formed a strategic alliance that executives say will strengthen both companies.

Obama bypasses Senate to fill top CMS post

After the confirmation of President Obama’s choice to run the Centers for Medicare and Medicaid Services (CMS) was held up for nearly three months by Republicans, the president bypassed the legislators earlier this month and appointed Donald Berwick to the post while the Senate was on its summer recess.

Jean Coutu mulls drug reform impact

Jean Coutu Group, which posted increased profit in the first quarter, is waiting to see how provincial drug reform will affect its future earnings.

NCPA, Chain Drug Consortium form new partnership

The National Community Pharmacists Association (NCPA) and the Chain Drug Consortium (CDC) have formed a collaboration that they say will leverage the strengths of each organization and advance the interests of community pharmacists and their patients.

New private label line launched by Rite Aid

Rite Aid Corp. has launched the latest phase of its revamped private label program with the debut of Simplify, a store brand aimed at price-sensitive shoppers.

Implementation of health care reform act proceeds

Health care reform is being viewed more favorably following the Obama administration’s rollout of multiple regulations laying the groundwork for the law’s implementation.