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Inside This Issue - News
Walgreen Co. has opened two more flagship stores in rapid succession, in a historic bank building in Chicago, and in Hollywood, Calif., at Sunset and Vine. As it celebrates its 60th anniversary, Fruth Pharmacy has remained true to its roots. Chain drug stores are on the leading edge in using loyalty cards to win and keep pharmacy customers, yet customer awareness of such programs could be greater, a study by Boehringer Ingelheim Pharmaceuticals reveals. CVS Caremark Corp. may be on the verge of going international. The White House and congressional Republicans remained far apart on a plan for avoiding the automatic tax increases and spending cuts known as the “fiscal cliff” earlier this month, even as the consequences of not coming to an agreement came into sharper focus. As 2012 draws to a close, numerous developments in health care reform continue to occur.
Gallup Inc.’s annual Honesty and Ethics survey reveals that pharmacists rank second only to nurses as the most trusted professionals. Kinney Drugs vice president of marketing Jim Wuest is set to retire at the end of the year, at which time vice president of merchandising Rick Cognetti will be promoted to vice president of marketing and merchandising. Jean Coutu Group Inc. has agreed to acquire a 50% share of Le Groupe Medicus Inc., a company that specializes in orthotics and prosthetic devices. Rite Aid Corp. stores have become the exclusive carriers of Forever Fit, a new line of home fitness products developed by fitness expert Denise Austin. The National Association of Chain Drug Stores has moved its corporate office. Rebecca Chater has joined pharmacy alliance RxAlly as vice president of health outcomes. Canadian consumer confidence, at 92, is now just below the 94 level scored at the end of the second half of 2007 and again in the first quarter of this year. This was the encouraging figure reported by Carman Allison, director of industry insights at Nielsen Canada, to the delegates attending the Canadian Association of Chain Drug Stores (CACDS) 2012 conference. The recent legislative and policy changes empowering Canadian pharmacists to offer new patient services and interventions represent challenge as well as opportunity for community pharmacy, said Justin Bates, vice president of Pharmacy Affairs for the Canadian Association of Chain Drug Stores (CACDS).
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