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Retail News Breaks Archives The international expansion of a U.S. drug chain was a long time coming, but when it happened it happened with a bang. Shoppers Drug Mart Corp. will end up paying slightly less in its deal to acquire Paragon Pharmacies Ltd. Generic drug introductions and the continuing contract impasse with Express Scripts Inc. took a toll on comparable-store sales in June at Walgreen Co., which reported a double-digit decline for the month. Pharmacist Nick Dorich has joined the National Association of Chain Drug Stores as manager of pharmacy care and the NACDS Foundation as manager of foundation programs. Comparable-store sales were down at Rite Aid Corp. in June, marking the drug chain's first monthly decrease in more than a year. Walgreen Co. has wasted no time in following up on its blockbuster deal with Alliance Boots. The U.S. Supreme Court's complex decision to preserve the core components of the Affordable Care Act (ACA) health care reform law could impact community pharmacies that fill prescriptions covered by Medicaid. The American Pharmacists Association (APhA) has begun accepting nominations for its practitioner awards and honors, which are administered by the APhA Academy of Pharmacy Practice and Management (APhA-APPM). CVS Caremark Corp. and Cardinal Health Inc. have been honored with Best Employers for Healthy Lifestyles awards by the National Business Group on Health. Pharmacy benefit managers (PBMs) SXC Health Solutions Corp. and Catalyst Health Solutions Inc. have completed their $4.4 billion merger deal. The Center for Pharmacy Practice Accreditation (CPPA) is seeking review and comment on newly released draft standards for community pharmacy practice accreditation.
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