Albertsons Cos. enlists IRI for supply chain services
Food and drug retailer Albertsons Cos. has entered into an agreement with data and analytics specialist IRI for supply chain services.
CDR
Zicam launches cold-shortening fruit drops
Zicam has expanded its homeopathic product lineup with Zicam Cold Remedy Medicated Fruit Drops. The company said Tuesday that Zicam Cold Remedy Medicated Fruit Drops help shorten the length of a cold when taken at the first sign of symptoms.
McKesson sees exit of key exec
Patterson Cos. has hired Mark Walchirk, a key executive at McKesson Corp., as its next president and chief executive officer, with a starting date of November 20. Walchirk will succeed James Wiltz, who has been serving in those roles on an interim basis since the departure of Scott Anderson on June
QuintilesIMS adopts IQVIA as new name
Global health care and pharmaceutical information specialist QuintilesIMS has changed its name to IQVIA. The IQVIA name became effective as of Nov. 6, the company said. Plans call for IQVIA equity shares to trade on the New York Stock Exchange under the ticker symbol “IQV” starting on
CVS to go national with next-day Rx delivery
Early next year, CVS Pharmacy plans to begin next-day delivery of prescriptions to patients nationwide. CVS said Monday that the next-day delivery service will bring prescriptions directly to customers’ doors.
CEO succession at Cardinal Health
Cardinal Health Inc. has named chief financial officer Mike Kaufmann to succeed George Barrett as chief executive officer. Plans call for Kaufmann, 54, to take the CEO reins and join Cardinal’s board on Jan. 1.
CVS Health reports decline in 3Q retail sales
Despite sales declines in its retail pharmacy business, CVS Health saw overall revenue rise and bested Wall Street’s earnings forecast for its fiscal 2017 third quarter. CVS said Monday that for the third quarter ended Sept. 30, sales totaled $46.18 billion up 3.5% from $44.
CVS makes moves to strengthen PBM business
CVS Health has announced two major agreements to boost pharmacy benefit management services.
WBA to shut 600 stores in Rite Aid integration
Walgreens Boots Alliance Inc. (WBA) is developing the picture of its future store base after turning the page on a nearly two-year process triggered by its proposed merger with Rite Aid Corp. Beginning next spring, WBA plans to shut 600 stores under an 18-month program to rationalize its U.S.
NACDS offers ideas on combatting opioid crisis
It’s clear that America’s growing opioid epidemic is getting worse. Last month President Trump stopped short of declaring the crisis a national emergency and directed the Department of Health and Human Services to declare the opioid crisis a public health emergency instead.
Prospects for compromise on ACA unclear
The future of the bipartisan bill to stabilize health insurance markets remained uncertain after President Trump sent mixed signals about the health reform legislation.
Congressman learns about Rx market
Rep. Tom Suozzi (D., N.Y.) got an education on drug cost dynamics during a tour of oncology pharmacy Onco360 here with members of the National Association of Specialty Pharmacy (NASP).
Griffith gets promotion at Rite Aid
Rite Aid Corp. has named Derek Griffith executive vice president of store operations. Griffith had been serving as senior vice president of operations in the retailer’s Northeast and Midwest regions.
Crncich, cofounder of Big V drug chain, dies at 87
Big V Drug Stores cofounder Tony Crncich passed away October 18. He was 87. Crncich is being remembered for his storied career as builder of one of the largest retail pharmacy chains in Ontario. The chain he helped launch in 1962 grew to encompass 135 stores. Big V — at the time
In-store medication disposal kiosks installed at CVS
CVS Health has expanded its safe medication disposal program with in-store kiosks. The new disposal units inside 750 CVS Pharmacy stores will add to the more than 800 CVS medication disposal kiosks the company has donated to law enforcement officials across the country.
Independent drug stores hold their own in Rx market
More often than not, independent drug stores are overshadowed by the big retail chains.