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Retail News Breaks Archives Walgreen Co. has opened the doors to its latest flagship store in Chicago inside the historic Noel State Bank building. The chief executive officers of CVS Caremark Corp. and Walgreen Co. are calling on Congress and President Obama to work together to reach a resolution on the looming "fiscal cliff." Jean Coutu Group is slated to accept Interac Flash contactless debit transactions at its more than 400 drug stores in Quebec, New Brunswick and Ontario. The International Academy of Compounding Pharmacists (IACP) has asked Food and Drug Administration Commissioner Margaret Hamburg to explain why the agency didn't take specific actions to address complaints it had received about the New England Compounding Center (NECC), which federal officials say is responsible for the deadly meningitis outbreak. A brow-raising bargain price may lure shoppers into the store, but if they're mobile device users, chances are they'll leave and end up making the purchase online, an Accenture Interactive survey finds. Walgreen Co. is adding a little "mystery" to Black Friday for mobile shoppers. The Ontario Pharmacists' Association (OPA) has come out in support the provincial government's call for Health Canada to defer the approval of generic OxyContin, a narcotic painkiller. Store space is growing for consumables and, in turn, shrinking for nonedible products in the food, drug and mass retail channel, according to a study by Kantar Retail and Crossmark. Rite Aid and CVS/pharmacy have rung in the holiday shopping season with a range of deals and promotions heading into Black Friday, following up with more offers on Cyber Monday. Bartell Drugs has launched "Rocket to the Top of the Space Needle," a promotion being done in tandem with one of Seattle's marquee attractions. The National Association of Chain Drug Stores has teamed up with pain care advocacy and other health organizations in calling on lawmakers to help address the problem of prescription drug diversion and abuse. Marshall Moleschi, registrar of Ontario College of Pharmacists, told his audience at the Canadian Association of Chain Drug Stores 2012 Conference that policy makers and the health care community are keen to see pharmacy professionals practice to their full scope. Chain drug retailers are awaiting the implications of President Barack Obama's re-election for the looming fiscal cliff, while gearing up for the now certain rollout of the health care reform law. Adding new services to an established business model, as community pharmacy is now in the process of accomplishing, is challenging but it can be done profitably, said Steve Wilton, vice president of pharmacy affairs at the Canadian Association of Chain Drug Stores, at CACDS’ annual conference. CVS/pharmacy and Eastman Kodak Co. are expanding their retail photo printing relationship through 2016. Pharmacy customer satisfaction with prescription drug pricing has had its ups and downs in recent years, but there are some surprising differences across pharmacy types, according to research from Boehringer Ingelheim Pharmaceuticals Inc.
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