CARLISLE, Pa. — Joe Kelley is leaving his post as president of Ahold USA’s Stop & Shop New England division, effective immediately. Ahold USA announced Kelley’s departure on Monday. The company said he has resigned to pursue other career opportunities. Kelley has held the position since May 2012. Before that he was chairman, president and
DUBLIN, Ohio — Cardinal Health Inc. plans to acquire cardiology and endovascular device maker Cordis from Johnson & Johnson for $1.944 billion. Cardinal said Monday that the cash deal would significantly advance its offering of interventional cardiology and endovascular solutions for integrated health systems and their patients by giving the company immediate global scale in
NEW YORK — Executives from Walmart, Sam’s Club, Rite Aid, Walgreens and Family Dollar Stores made Black Enterprise magazine’s “50 Most Powerful Women in Corporate America” list. Featured on the publication’s February 2015 cover, the list was culled from thousands of candidates across industries — including the finance, pharmaceutical and retail sectors — and the
ST. LOUIS — BIOTA Botanicals has landed retail distribution of its Advanced Herbal Care line for thinning-damaged hair at Walgreens. National Sales Solutions (NSS), a consumer packaged goods sales, marketing and supply chain management firm, said Saturday that its client BIOTA is bringing its Advanced Herbal Care shampoos, conditioner and leave-in serum to the hair
Retailer chief financial officers are modestly optimistic about the retail industry’s sales growth prospects for 2015, according to accounting and professional services firm BDO USA LLP. The BDO Retail Compass Survey of CFOs, which polled 100 CFOs at leading retailers nationwide, forecasts a 3.9% gain in total retail sales and a 3.7% increase in same-store
Rite Aid’s acquisition of PBM EnvisionRx was seen by industry observers as a big plus for the drug chain. Fitch Ratings called the deal “a positive move as it will enable the company to expand its distribution channels by getting a foothold in the specialty and mail-order channels.” “The acquisition is supported by Rite Aid’s improved
ARLINGTON, Va. – The National Association of Chain Drug Stores said it has launched a major social media campaign for the 2015 NACDS Total Store Expo to support the event’s theme, “Make Connections Happen.” According to NACDS, the social media drive is intended to keep drawing new audiences to the Total Store Expo, which proved
NAPLES, Fla. — Executives at regional drug chains took the opportunity to exchange ideas with their peers and trading partners at the 2015 National Association of Chain Drug Stores Regional Chain Conference. Beginning Sunday, Feb. 1, and running through Tuesday, Feb. 3, at the Ritz-Carlton in Naples, Fla., the NACDS Regional Chain Conference drew senior-level retail
Rite Aid has inaugurated its first in-store RediClinics with the official opening of 24 locations in the Philadelphia and Baltimore/Washington, D.C., markets, and company executives are enthused about the boost that the retail clinics will give to its drug stores. Ken Martindale, president and chief operating officer of Rite Aid, said at yesterday’s grand opening
As in the retail pharmacy arena, the specialty pharmacy market is dominated by a small number of companies, noted the Drug Channels Institute, which has released its 2014-15 Economic Report on Retail, Mail, and Specialty Pharmacies. “The specialty pharmaceutical boom is reshaping the pharmacy industry’s market structure. Ten companies account for 70% of specialty pharmacy
The National Community Pharmacists Association recently asked members to identify what most concerns them as 2015 gets under way. The survey results weren’t surprising, with the top issues focused on pharmacy reimbursement and preferred pharmacy networks. NCPA said the leading five priorities were maximum allowable cost (MAC) legislation to address the delay in generic drug
Widespread media reports that this season’s flu vaccine is less effective have raised concerns among retail pharmacies, who think consumers may be discouraged about getting a flu shot. The Centers for Disease Control and Prevention (CDC) followed a Dec. 3 health advisory that this season’s flu vaccines could be less effective with another advisory on Jan.
It might behoove pharmacy industry stakeholders to take a look at the American Pharmacists Association’s “new and improved” PharmacistsProvideCare.com website. Developed for APhA’s “Pharmacists Provide Care” campaign, the relaunched site supports the pharmacy industry’s efforts to attain health provider status for pharmacists under federal law and to promote patient access to and coverage of pharmacist-provided patient care services. PharmacistsProvideCare.com serves
In its blog “The Dose,” the National Community Pharmacists Association gave the human angle to difficulties encountered by pharmacy patients due to an information glitch by Aetna/Coventry Medicare Part D plan enrollees. Because of incorrect information, Medicare beneficiaries weren’t able to fill prescriptions at pharmacies promoted by Aetna/Coventry Part D plans listed on the Medicare Plan Finder website
