CVS Health posted first quarter sales and earnings that topped Wall Street’s forecasts. Revenue for the period ended March 31 rose 11% to $85.3 billion, exceeding analysts’ projected $80.79 billion. Adjusted earnings of $2.20 per share beat the average estimate of $2.09.
SYRACUSE, N.Y. – Dollar stores continue to be the fastest growing retail channel today, both in terms of the number of new stores and the number of shopping visits. The deep discount sector is also the fastest growing retail channel for food purchases, with an 89.
PALM BEACH, Fla. – The National Association of Chain Drug Stores (NACDS) has recognized NACDS Past Chair John Standley with chain pharmacy’s highest honor: the Sheldon W. Fantle Lifetime Achievement Award. From 2020-2022, Standley served as president of Walgreens.
Bristol Myers Squibb announced that Dr. Giovanni Caforio, chairman of the board and chief executive officer, has decided to retire as chief executive officer, effective November 1, 2023.
In an innovative move designed to improve the health of communities, achieve better health care outcomes, and improve health care affordability, Kaiser Foundation Hospitals and Geisinger Health are announcing the launch of Risant Health and a definitive agreement to make Geisinger the first health s
Today, market research firm BrandSpark International, in partnership with Newsweek Magazine, released its highly anticipated second annual BrandSpark/Newsweek Most Trusted by Pharmacists Awards (“BMTPhA”) for over-the-counter (“OTC”) consumer product brands.
PALM BEACH, Fla.– At the National Association of Chain Drug Stores (NACDS) Annual Meeting, the NACDS Foundation announced the addition of five first-time members to the NACDS Foundation board of directors. Each Director will serve a one-year term.
PALM BEACH, Fla. – During the National Association of Chain Drug Stores (NACDS) Annual Meeting, NACDS elected new officers and one newly elected board of directors member for the coming year. Additionally, NACDS re-elected six board of directors members whose terms were set to expire.
Two-thirds of pharmacy owners are struggling to fill open staffing positions, according to a January report from the National Community Pharmacists Association.
Jim Athey has big plans for L&R Distributors. He’s just taken over as chief executive officer following the transition of Marc Bodner to the title of executive chair, and he’s ready to take the company to the next level. Athey spoke with Chain Drug Review about his blueprint for growth, the issues
In its 90th anniversary year, the National Association of Chain Drug Stores remains focused on leading the future of an industry dedicated to advancing health and wellness for all Americans. One of its major initiatives — NACDS 2023 — reflects this promise.
ALEXANDRIA, Va. – The National Community Pharmacists Association and its members are gearing up for a significant week in Washington, D.C.
Bed Bath & Beyond Inc. said Sunday that it had filed for Chapter 11 bankruptcy protection and plans to “implement an orderly wind down of its businesses while conducting a limited marketing process to solicit interest in one or more sales of some or all of its assets.” To facilitate this process,
PALM BEACH, Fla. – Leaders of the National Association of Chain Drug Stores (NACDS) on Sunday addressed a high-energy and robust audience of retailer and supplier members at the 2023 NACDS Annual Meeting, in the Association’s 90th Anniversary year.
The shared values of Haleon and Target Corp. have led to the launch of their second annual All for Wellness campaign advancing equitable health care.
MinuteClinic announced this week that it has launched mental health counseling and care services at six MinuteClinic locations in the Los Angeles metropolitan area. As recently as February 2023, more than 30% of adults in California reported symptoms of anxiety and/or depression.
