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Retail News Breaks Archives

Week of   

Week of Mon, Jul 21st, 2014

Sales, scripts edge up in 2Q at Shoppers Drug Mart

Shoppers Drug Mart saw an uptick in revenue for the 2014 second quarter, posting gains in front-end and pharmacy sales as well as prescription count.

Rite Aid appoints successor to retiring CFO

Rite Aid Corp. has named a new chief financial officer to succeed Frank Vitrano, who plans to retire next year.

Walgreens pharmacy president Crawford to retire

Kermit Crawford, president of pharmacy, health and wellness at Walgreen Co., plans to retire at the end of the year to pursue new opportunities.

Walmart names new U.S. chief

A change at the top of Walmart U.S. is under way. Walmart announced that Greg Foran has been promoted to president and chief executive officer of its domestic operations, succeeding Bill Simon, who will be leaving the company.

Cardinal Health kicks off RBC annual pharmacy event

Nearly 8,000 attendees — including pharmacy owners, pharmacists, pharmacy technicians and other pharmacy industry professionals — are converging on Washington, D.C., this week for Cardinal Health Inc.'s annual Retail Business Conference (RBC).

Georgia pharmacist tabbed for congressional run

State Sen. Buddy Carter, a Georgia community pharmacist, has won a runoff election to become the Republican nominee in the state's 1st Congressional District.

Former Kerr Drug executive joins Ateb

Mark Gregory, former senior vice president of pharmacy operations at Kerr Drug, has joined Ateb Inc. as vice president of health care solutions.

Debate heats up over 'any willing pharmacy' legislation

A study criticizing legislation supporting an "any willing pharmacy" policy for preferred networks in Medicare Part D drew a rebuke from the National Community Pharmacy Association.

Health Mart spotlights pharmacy solutions at annual meeting

Health Mart pharmacy owners gathered at McKesson ideaShare 2014 to get a look at new offerings to help their businesses as well as hear about recent investments in the drug store franchise.

Walgreens program incents healthy behavior change

A new initiative by Walgreen Co. leverages the drug chain's Balance Rewards loyalty program to spur behavior change to improve customers' health.

McKesson ideaShare 2014 gets under way

McKesson Corp. is showcasing an array of clinical care and measurement tools to help community pharmacies improve their performance at ideaShare 2014.

Jean Coutu, Metro to buy SDM, Loblaw stores

In line with regulatory approval of its acquisition of Shoppers Drug Mart Corp., Loblaw Companies Ltd. plans to sell two Shoppers Drug Mart drug stores to Jean Coutu Group and two No Frills supermarkets to Metro Inc.

Former CVS/pharmacy chief Cosby joins Office Depot

Mark Cosby, former president of CVS/pharmacy, has been appointed North America president of Office Depot Inc.

Rexall to update telecom infrastructure of stores

Canadian drug chain Rexall has enlisted Allstream to upgrade its telecommunications network.

CVS experts analyze high cost of hepatitis C medications

CVS Caremark Corp.'s chief medical officer and chief scientific officer gave their take on the high costs of new hepatitis C treatments and the implications for the specialty pharmacy market in a commentary for the Journal of the American Medical Association (JAMA).