Retail News Breaks Archives

Week of Mon, Aug 10th, 2009

Delaware Medicaid Rx agreement hinges on lawsuit status

An agreement between Walgreen Co. and Delaware over Medicaid pharmacy reimbursements remains in a holding pattern as two drug retailer industry groups reassess a pending lawsuit against the state.

CVS rolls out prescription refill reminder program

Pointing to research showing patient difficulty with medication adherence, CVS Caremark Corp. has launched a free prescription refill program.

Kinney Drug, Supervalu recognized for political action

Kinney Drugs Inc. and Supervalu Inc. this week received awards from the National Association of Chain Drug Stores for their active political involvement on behalf of the chain drug industry.

Katz, Rite Aid and H.E.B. executives honored

Executives from Katz Group North America, Rite Aid Corp. and H.E. Butt Grocery Co. were honored this week by the National Association of Chain Drug Stores at the 2009 NACDS Pharmacy & Technology Conference.

Reports: Walgreens reaches Medicaid Rx deal in Delaware

Walgreen Co. has agreed to keep filling prescriptions for Medicaid patients in Delaware, according to published reports.

Reform takes center stage at Pharmacy & Tech Conference

Executives stressed continued industry engagement in the brewing debate on health care reform at the National Association of Chain Drug Stores' 2009 Pharmacy & Technology Conference in Boston.

Duane Reade wraps up debt refinancing

Duane Reade has completed financing that included a $125 million private equity investment and the buyback of approximately $350 million of debt.