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Retail News Breaks Archives

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Week of Mon, Nov 25th, 2013

CMS: Seniors saved $8.9 billion on Rxs due to ACA

Seniors and people with disabilities with Medicare prescription drug plan (PDP) coverage saved nearly $9 billion to date on prescription drugs as a result of the Affordable Care Act, according to new data from the Centers for Medicare & Medicaid Services (CMS).

APhA meets at White House for ACA discussion

The American Pharmacists Association (APhA) and other members of the pharmacy community participated in a meeting at White House yesterday to discuss progress in the rollout of the Affordable Care Act (ACA).

Shoppers Drug Mart launches online vitamin tool

Shoppers Drug Mart Corp. has created a new online tool to help customers find dietary supplements and natural health products.

Poll: Canadians unaware of pharmacists' scope of services

A vast majority of Canadians trust pharmacists and see them as key health care partners, yet many aren't aware of the breadth of health services that pharmacists can provide, a new survey from Pfizer Canada finds.

USP joins effort to 'Fight the Fakes'

The United States Pharmacopeial Convention (USP) has teamed up with other global health organizations in "Fight the Fakes," a campaign to boost awareness and stop the proliferation of counterfeit and substandard medicines.

CVS Caremark to buy Coram infusion business

CVS Caremark Corp. plans to acquire Coram LLC, the specialty infusion services and enteral nutrition business of home health care provider Apria Healthcare Group, for $2.1 billion.

Pharmacy business grows at Fred's

For the first time, pharmacy sales topped 40% of the quarterly revenue mix at Fred's Inc.

Former Loblaws COO joins Shopko as CEO

Shopko has named Peter McMahon as its new chief executive officer, taking the reins from interim CEO and chief operating officer Mike Bettiga.

Walmart CEO Duke to retire; McMillon tabbed as successor

Walmart has named Doug McMillon to replace the retiring Mike Duke as president and chief executive officer, effective Feb. 1.

Foulkes to succeed Cosby as CVS/pharmacy chief

CVS Caremark Corp. announced that Mark Cosby plans to step down as CVS/pharmacy president at the end of this year and will be replaced by Helena Foulkes, chief health care strategy and marketing officer.