Total Store Expo Highlights: Meet the Retailer
Headlining the first day of the 2016 NACDS Total Store Expo in Boston was the Meet the Retailer event, in which suppliers get to interact with retailers firsthand in scores of face-to-face meetings.
CDR
Mylan closes acquisition of Meda
Mylan N.V. has completed its $9.9 billion deal to acquire Sweden-based Meda AB. Mylan had received Federal Trade Commission clearance for the transaction in late July. The deal was announced in February.
Giant Eagle to deploy PharmaSmart BP kiosks
Giant Eagle is deploying PharmaSmart blood pressure kiosks at its 217 supermarkets and in-store pharmacies. PharmaSmart International Inc.
Dana Beauty launches Eau So Love’s line
Dana Beauty has introduced Eau So Love’s, a new women’s fragrance collection inspired by its Love’s brand.
Performance Health’s Biofreeze to hit store shelves
Performance Health plans to launch Biofreeze topical pain reliever over the counter at retail stores beginning this fall. The company said Saturday that Biofreeze cold therapy gel will be sold at drug store, supermarket and mass merchant retailers.
Bell builds retail presence for new Jet-brand products
Bell Pharmaceuticals is working to grow retail distribution of the latest additions to its Jet-Alert product family, Jet-Asleep and Jet-Avert. Jet-Asleep has gained placement at major retailers such as Dollar General and regional drug chains Kinney Drugs and Discount Drug Mart.
Efforts to stem prescription drug abuse heat up
House Speaker Paul Ryan (R., Wis.) has lauded Walgreens for fighting the pervasive problem of prescription drug abuse and misuse. Ryan late last month appeared at a Walgreens outlet here, his hometown, to mark Wisconsin’s first in-store drug take-back kiosk.
Kroger ups stake in specialty pharmacy
Axium Pharmacy Holdings Inc., a unit of Kroger Co., has agreed to acquire Modern HC Holdings Inc. (ModernHEALTH), a specialty pharmacy operator, to create a combined specialty pharmacy organization. Terms of the transaction, which is subject to regulatory approval, were not disclosed.
WBA strikes franchising deal in South Korea
Walgreens Boots Alliance Inc. (WBA) has signed an agreement to form a franchise partnership with Emart Co., a subsidiary of South Korea’s largest retailer, Shinsegae Group.
Canadians ponder health care sustainability
The Neighbourhood Pharmacy Association of Canada (Neighbourhood Pharmacies) has responded to a recent communiqué issued by Canada’s provincial and territorial premiers regarding the nation’s health care system.
Digital tech is upending status quo in health care
Retail pharmacy is no stranger to technology. For many years pharmacy operators and their supply chain partners have relied on computer-driven systems to ensure efficient distribution of products, assist pharmacists in dispensing and adjudicate insurance claims.
Patient misuse of medications widespread
More than half of American adults taking prescription drugs misused their medications last year, according to a new study by Quest Diagnostics.
Walgreens adjusts web strategy
Walgreens is shutting down drugstore.com and Beauty.com in an effort to focus on Walgreens.com. The retailer, which acquired the two e-commerce operations in 2011, expects the shutdown to be completed by the end of September.
Coutu faces legal challenge from franchisees
The Jean Coutu Group is the target of a class-action suit filed by a group of its franchisees seeking to recover $252 million in royalties. In a brief statement, the company said that it intends to contest the action. The lawsuit was filed in the superior court of Quebec in Montreal on behalf
Bartell continues to hone stores
Bartell Drugs has remodeled two stores and announced an opening for next year. The chain completed renovations in West Seattle and Snohomish and announced a new outlet for Snoqualmie, east of Lake Washington.
Walmart takes aim at harmful chemicals
In a major follow-up to the sustainable chemistry policy it unveiled in 2013, Walmart has published a list of eight controversial chemicals that it is asking suppliers to eliminate from their products. The targeted substances were limited in number to make quick progress easier.