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Retail News Breaks Archives

Week of   

Week of Mon, Jan 6th, 2014

Ontario pharmacies see surge in flu shots

More than 650,000 Ontario residents have received a free flu shot at nearly 2,000 pharmacies this flu season under an Ontario government program that has improved access to the influenza vaccine, according to the Ontario Pharmacists Association.

Walgreens' Wagner named Operations Exec of Year

Overlooked amid the dramatic merger, acquisition and assimilation activity that characterized Walgreen Co. in 2013 was a stunning if less obvious set of initiatives that put Walgreens on the cutting edge of innovative retailing. The executive behind these efforts is Mark Wagner, Walgreens’ senior operations executive. Recognizing his contributions to Walgreens and to chain drug retailing, the editors of Chain Drug Review have recognized Wagner as Operations Executive of the Year in 2013.

Jean Coutu Group 3Q sales pinched by generics

Despite gains in net earnings and operating income, introductions of new generic drugs and price reductions of generics contributed to declined sales in the fiscal 2014 third quarter at Jean Coutu Group.

McKesson hikes bid to acquire Celesio

McKesson Corp. has raised its offer to purchase Germany-based pharmaceutical distributor Celesio.

CVS honored as Pharmacy Innovator of the Year

In recognition of its ongoing contributions to the profession and the larger health care system, Chain Drug Review has named CVS Caremark Corp. as Pharmacy Innovator of the Year.

COO Bloom leaves Family Dollar Stores

Michael Bloom, president and chief operating officer of Family Dollar Stores Inc., has left the company.

Lawtons Drugs CEO Sobey to retire

Rob Sobey, president and chief executive officer of Lawtons Drugs, plans to retire at the end of this month.

Wasson: Plan to 'innovate, reinvent Walgreens' moves ahead

Walgreen Co. is making big strides in its efforts to transform the company and position it at the intersection of retailing and health care, executives said at Walgreens' Annual Shareholders Meeting in Chicago.

NCPA to Congress: Look into rising cost of generics

The National Community Pharmacists Association has called on Congress to hold a hearing on the soaring cost of many generic drugs.

Walmart becomes preferred pharmacy in Aetna CVS PDP

Aetna has added Walmart and Sam's Club pharmacies to the preferred pharmacy network of the Aetna CVS/pharmacy Prescription Drug Plan.

USP appoints Piervincenzi as CEO

Ron Piervincenzi has been named chief executive officer of the United States Pharmacopeial Convention (USP) and chairman of the Council of Experts, USP's standards-setting body.

Rite Aid executives named CDR Retailers of Year

The editors of Chain Drug Review have chosen John Standley, Ken Martindale and Frank Vitrano, Rite Aid Corp.’s senior management triumvirate, as the publication’s Chain Drug Retailers of the Year for 2013.

Navarro recognized for medication adherence efforts

Navarro Discount Pharmacy has been named a winner of the 2013 UnitedHealthcare Medication Adherence Targeted Intervention Program Challenge (TIP).

Publix rolls out refill synchronization program

Publix Super Markets Inc. plans to expand its new Sync Your Refills program to all of its pharmacies.

Vitamin center debuts on CVS.com

CVS/pharmacy has launched the Family Vitamin Center, which it describes as a "health hub" on CVS.com that enables customers to learn more about vitamins and dietary supplements that can support their personal health goals.

Walgreens’ sales robust in December

Walgreen Co. Monday morning reported a 7.2% increase in its December sales. Comparable-store sales for the month rose 6.1%.

Rite Aid same-store sales rise in December

Rite Aid Corp. closed out calendar year 2013 with increased same-store sales for December.