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Retail News Breaks Archives MinuteClinic has formed a clinical partnership with Catholic Healthcare West, the nation's eighth-largest hospital system, to provide enhanced health care services in the Phoenix metropolitan area. Many patients with chronic conditions aren't filling their prescriptions, according to a new study by CVS Caremark Corp. and Horizon Blue Cross Blue Shield of New Jersey. BioScrip Inc. saw an uptick in revenue for its fiscal 2010 first quarter but recorded a net loss due mainly to costs from its recent acquisition of Critical Homecare Solutions (CHS). CVS Caremark Corp. marketing executive Helena Foulkes is taking on new leadership role in the company’s pharmacy benefit management business. Ingles Markets Inc. has extended its contract to use McKesson Corp.'s EnterpriseRx pharmacy management system in its in-store pharmacies. Robust pharmacy and front-end business lifted revenue and earnings at Shoppers Drug Mart (SDM) for the fiscal 2010 first quarter. Rite Aid Corp. reported a dip in same-store sales for April after seeing improved results in the previous month. Costco Wholesale Corp. executive Charles Burnett and former Schering-Plough Consumer Health Care chairman Stanley Barshay received the chain drug industry's highest honors last night at the 2010 National Association of Chain Drug Stores Annual Meeting. The Jean Coutu Group posted increases in sales, earnings and operating results for its fiscal 2010 fourth quarter and full year. Winn-Dixie Stores Inc. has introduced WD RxConnect Translate, a language translation service, at select in-store pharmacies across its Southeast market area. The National Association of Chain Drug Stores Foundation has announced seven new members for its board of directors. Pointing to the impact on state budgets, the National Association of Chain Drug Stores has called on members of Congress to continue the increase to the Federal Medical Assistance Percentage (FMAP). The biggest retailers got stronger, but all in all the chain drug sector turned in an impressive performance in 2009. For the past 12 months the National Association of Chain Drug Stores and its president and chief executive officer, Steve Anderson, have been actively engaged in fighting on the front lines in the battle over health care reform. At a time when the nation’s health care system is embarking on a period of fundamental change, the National Association of Chain Drug Stores is fortunate to have Larry Merlo as its new chairman. Signs are pointing to another up-and-down year for chain drug retailers. The National Association of Chain Drug Stores elected CVS/pharmacy president Larry Merlo as NACDS chairman and named new officers, a new Executive Committee member and three new board members at the 2010 NACDS Annual Meeting. Leaders of the National Association of Chain Drug Stores underscored the group's value to members and its ability to influence public policy by communicating pharmacy's and suppliers' work to improve lives and society in remarks at the 2010 NACDS Annual Meeting.
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