Fears among pharmacy players and investors that e-tail giant Amazon plans to enter the industry may be overblown — at least for the time being, according to Jefferies analyst Brian Tanquilut. Pharmacy stocks, including pharmacy retailers and suppliers, have taken a pounding since the St.
The National Retail Federation will recognize Walmart president and chief executive officer Doug McMillon as “The Visionary,” an annual award honoring outstanding retail industry leaders The award will be presented to McMillon at the 2018 NRF Foundation Gala on Jan. 14 in New York City.
Rite Aid and BJ’s Wholesale Club saw the largest gains among food, drug and mass retailers in Forrester’s U.S. 2017 Customer Experience Index (CX Index). Forrester’s CX Index, based on a survey of about 120,000 U.S. online adult consumers, measures and ranks more than 300 U.S.
Kesavan Srikumar has joined pharmacy automation provider PerceptiMed Inc. as senior director of manufacturing. PerceptiMed noted that Srikumar brings more than 30 years of manufacturing experience to the company. Previously, he held management positions at Solectron, Flextronics and Aviat Networks.
The National Association of Chain Drug Stores Foundation plans to honor Umair Shah, M.D., M.P.H., who was instrumental in the Houston hurricane response and recovery efforts, at next month’s NACDS Foundation Dinner.
Amazon has quietly received approvals for pharmacy wholesale licenses from at least a dozen state pharmacy boards, the St. Louis Post-Dispatch reported Thursday.
Published reports said Thursday that CVS Health is in negotiations to acquire health insurer Aetna.
Following through on pledge made this summer, President Donald Trump has formally declared the nation’s growing opioid abuse epidemic as a public health emergency.
The National Association of Chain Drug Stores, National Community Pharmacists Association and Washington State Pharmacy Association (WSPA) are challenging changes to Medicaid pharmacy reimbursement in Washington state.
CVS Health has officially expanded its safe medication disposal kiosk program to CVS Pharmacy stores.
Catalina has launched an enhanced targeting solution to help brands better understand, reach and influence consumers who make buying decisions based on dietary needs, clean label choices like natural and recognizable ingredients, health and wellness, and sustainable company practices.
Beverage industry veteran Glen Walter is joining Mondelez International as executive vice president and president of North America. The snack and confections giant said Walter, slated to start at the company next month, will lead its $7 billion U.S.
Walgreens Boots Alliance (WBA) plans to close 600 stores starting next year as it rationalizes its U.S. drug store base following the $4.375 billion purchase of 1,932 Rite Aid stores.
Walgreens Boots Alliance (WBA) beat Wall Street’s adjusted earnings per share forecast for its 2017 fourth quarter and fiscal year, with pharmacy results helping boost sales for both periods. However, WBA said Wednesday that costs related to the unsuccessful deal to acquire Rite Aid Corp.
Lolleez has landed distribution with major retailers for its sore throat lollipops for children. The company said Tuesday that the organic, throat-soothing pops are now available at CVS Pharmacy and Stop & Shop stores as well as on Amazon.com in time for cold and flu season.
For its CVS Caremark pharmacy benefit manager, CVS Health next year plans to roll out a new 30,000-store pharmacy network anchored by CVS Pharmacy and Walgreens. CVS said late Tuesday that the performance-based network also will include up to 10,000 independent community pharmacies nationwide.
