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Retail News Breaks Archives

Week of   

Week of Mon, Apr 22nd, 2013

Rite Aid's Standley named to Supervalu's board

John Standley, chairman, president and chief executive officer of Rite Aid Corp., has been elected to the board of Supervalu Inc.

NCPDP offers plan to improve prescription monitoring

The National Council for Prescription Drug Programs (NCPDP) has released an action plan to help standardize prescription drug monitoring programs (PDMPs) to better track and deter abuse of prescriptions for controlled substances.

Health Mart owner testifies on Rx supply chain security

A Health Mart pharmacy owner this week gave his take on pharmaceutical supply chain safety in a congressional hearing.

Analysis: What the Affordable Care Act means for Rx

Presume you are an executive manager, owner or operator of a chain of pharmacies, large or small. Or you may manage a chain of food/drug or mass merchandise stores that include pharmacy as an integral part of the entire retail offering. Pharmacy is almost certain to represent 60% to 90% of your total drug store sales. The fast-approaching train you hear is the 2,700-page Patient Protection and Affordable Care Act (ACA), with an implementation date of Jan. 1, 2014.

Shoppers Drug Mart gets earnings lift from 1Q sales gains

Revenue and same-store sales increases helped Shoppers Drug Mart Corp. beat financial analysts' earnings forecast by a penny for the first quarter.

CVS renews Rx distribution pacts with McKesson, Cardinal

CVS Caremark Corp. is continuing its pharmaceutical supply relationships with McKesson Corp. and Cardinal Health Inc.

How chain drug pharmacies rate with consumers

Customers rate chain drug pharmacies highly on their convenience, the interaction with their staffs and their performance in filling prescriptions, but their prescription pricing draws far fewer accolades.

CVS grants help fund community chronic disease programs

The CVS Caremark Charitable Trust has awarded $1 million in grants to 21 community health centers to support programs on treatment and management of chronic diseases.

H-E-B's Loeffler honored with Fantle Award

Robert Loeffler, former chief executive officer of H-E-B, has been recognized by the National Association of Chain Drug Stores with its highest honor, the Sheldon W. Fantle Lifetime Achievement Award.

The Top 10 Chain Drug Store Retailers

The leading chain drug retailers upheld their position in the industry last year as ranked by key financial measures.

Uniprix taps online couponing network

Uniprix Inc. has entered an online couponing partnership with News Marketing Canada.

New NACDS chairman: 'We can serve as front line of health care'

In his first remarks as National Association of Chain Drug Stores chairman, Thrifty White Pharmacy president and chief executive officer Robert Narveson stressed the need to help shape public policy to improve patient outcomes.

APhA lists top pharmacist-recommended OTCs

The American Pharmacists Association (APhA) has released the results of its survey on which over-the-counter products were most recommended by pharmacists to their patients last year.

NACDS Foundation announces Pharmacy Partners scholarships

A total of $230,000 has been awarded to pharmacy schools by the National Association of Chain Drug Stores Foundation via its 2013 Pharmacy Partners Scholarship Program.

Bull market for drug chain stocks

Stock prices for the nation's three largest drug chains are on a tear.

Health Mart programs, services boost customer loyalty

Health Mart is helping member pharmacies draw new customers and maximize customer loyalty via investments in technology solutions and clinical services.

Outlook: Industry eyes potential new Rx business

This year, chain drug retailers will be busy preparing for what’s coming up next year.

NACDS announces new officers, board members

The National Association of Chain Drug Stores has named new officers, two new Executive Committee members and four new board members for the 2013-14 term.

Target cites pharmacists as allergy resource

Target Corp. is pointing allergy sufferers to its pharmacists for advice on dealing with their symptoms during what experts predict will be a longer, more intense allergy season.

Redesigned RiteAid.com goes live

Rite Aid Corp. has launched a revamped website that the drug chain said provides a more personalized and engaging experience to online customers.

Lewis Drug's Griffin puts NACDS in perspective

As the National Association of Chain Drug Stores’ longest-serving board member, Lewis Drug chief executive officer Mark Griffin has seen a lot of change.

Shoppers Drug Mart rebrands Beauty Boutique

Shoppers Drug Mart Corp. has taken its 10-year-old Beauty Boutique concept to another level.

Independent passes torch to Fruth Pharmacy

Fruth Pharmacy next week will mark the opening of its second location in Ironton, Ohio, and its 27th store overall.

Standley guides impressive turnaround at Rite Aid

No one has been more closely involved in the revitalization of Rite Aid Corp. than John Standley.

NACDS leaders rally community pharmacy

The National Association of Chain Drug Stores' leadership urged members attending the NACDS Annual Meeting here to keep pressing forward with their efforts to advance community pharmacy, in both the patient and policy realms.