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Retail News Breaks Archives

Week of   

Week of Mon, Jul 18th, 2011

Walgreens set to be top retail host for electric vehicle charging

Walgreen Co. plans to offer electric vehicle charging stations at about 800 locations nationwide by the end of this year, which the drug store chain reported would make it the country's largest retail host.

Rx groups: Express Scripts-Medco deal 'too big'

The National Association of Chain Drug Stores and the National Community Pharmacists Association gave a thumbs-down to the proposed merger of Express Scripts Inc. and Medco Health Solutions Inc., saying the deal would create an unlevel playing field.

Shoppers Drug Mart ekes out 2Q gains

Sales and earnings inched up in the second quarter at Shoppers Drug Mart Corp., whose chief executive noted that the company still generated growth despite government reforms that are squeezing pharmacy business.

Ex-Rite Aid HR executive joins OfficeMax

Former Rite Aid Corp. executive Steve Parsons next week is slated to begin a new post as the top human resources officer at OfficeMax Inc.

Express Scripts to acquire rival PBM Medco

Express Scripts Inc. plans to buy Medco Health Solutions Inc. in a cash and stock deal valued at $29.1 billion.

Walgreens makes 'food oasis' commitment

In an event at the White House, Walgreen Co. announced a commitment to convert or open at least 1,000 "food oasis" drug stores nationwide over the next five years.

Walgreens social media exec to keynote digital expo

Adam Kmiec, director of social media at Walgreen Co., is slated to deliver a keynote address at the Digital World Expo this fall in Las Vegas. 

Take Care enters clinical relationship in New Orleans

Take Care Health Systems has formed a wide-ranging clinical and professional collaborative alliance with Louisiana State University Health Sciences Center (LSUHSC) and LSU Healthcare Network (LSUHN) in New Orleans.

Former CVS exec joins change:healthcare

Former CVS Caremark Corp. executive Douglas Ghertner has been named president at change:healthcare.

Rexall deploys Visa contactless payment system

Katz Group's Rexall drug chain has implemented Visa payWave contactless payment technology at its checkout stations.

New Duane Reade reflects Walgreens' transformation

The 22,000-square-foot Duane Reade drug store that opened at 40 Wall Street for the first time in the days immediately following the Independence Day holiday has already received more news coverage and wider, more favorable exposure than any drug store that has yet opened its doors in America.

Walgreens sees high adherence in specialty Rx program

Walgreen Co. reported that its specialty pharmacy is realizing medication adherence rates as high as 96% through its hepatitis C therapy management programs.

Bill to restore FSA use for OTCs backed by NCPA, CHPA

The National Community Pharmacists Association and the Consumer Healthcare Products Association have endorsed a bipartisan bill to enable consumers to buy over-the-counter medications via flexible spending accounts (FSAs) and health savings accounts (HSAs) without needing a prescription.