Loblaw Cos. shifts to single loyalty program
Next year, Loblaw Cos. plans to launch a unified customer loyalty program that joins the Shoppers Optimum and PC Plus plans of its Shoppers Drug Mart and supermarket chains.
CDR
Golinkin departs RediClinic, Health Dialog to lead FastMed
Web Golinkin, chief executive officer of Rite Aid Corp. subsidiaries RediClinic and Health Dialog, has left the companies to become CEO of FastMed Urgent Care. FastMed said Golinkin will oversee its more than 100 walk-in urgent care clinics in Arizona, Texas and North Carolina.
NACDS sees pharmacy as opioid crisis solution
Pharmacy can be key to thwarting opioid abuse, National Association of Chain Drug Stores president and chief executive officer Steve Anderson told a government summit on the crisis.
Industry mourns SDM founder Murray Koffler, 93
Murray Koffler, who over 50 years ago founded what would become Canada’s largest drug chain, Shoppers Drug Mart, has died at age 93. Also a prominent philanthropist and businessman, Koffler passed away on Sunday at his home in Toronto. Koffler was born in Toronto in 1924. At age 17, he went on a
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.
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).