CVS: Interventions yield savings with chronic patients
Interventions that keep chronic disease patients on their medications are “extraordinarily cost-effective,” according to CVS Health.
CDR
SDM to add EMR technology provider
Loblaw Cos. plans to buy health care technology company QHR, the provider of Canada’s leading electronic medical records (EMR) platform, in a $170 million deal. Loblaw said Monday that QHR is slated to operate as business within the Shoppers Drug Mart division.
Walgreens links rewards card with Android Pay
Walgreens has integrated its Balance Rewards customer loyalty program with Google’s Android Pay mobile payment platform.
GMDC: People with diabetes turning to retailers for help
As consumers with diabetes take more control over their care, food and pharmacy retailers are being challenged to come up with solutions to meet their needs, according to research from the Global Market Development Center (GMDC).
Retailing veteran Persaud leaves Shopko
Retail and pharmacy industry veteran Andre Persaud has left Shopko Stores Operating Co. to pursue new opportunities.
Mallinckrodt to locate specialty business in N.J.
Mallinckrodt plc is building out a new campus in Bedminster, N.J., to house its rapidly growing specialty brands organizations. The drug maker said it plans to invest more than $80 million in New Jersey and expects about 400 employees to occupy the new space in the first quarter of 2017. The
Fred’s creates pharmacy COO post
Timothy Liebmann has been promoted to chief operating officer of pharmacy, a newly created position, at Fred’s Inc. Fred’s said late Thursday that Liebmann succeeds Rick Chambers, executive vice president of pharmacy operations, who is retiring.
Conception Kit becomes available at U.S. pharmacies
Conceivex Inc. has rolled out a new at-home infertility treatment available by prescription through most pharmacies nationwide.
Genoa to acquire pharmacies from Advanced Care
Genoa has agreed to acquire the behavioral health and residential care services division of Advanced Care Pharmacy Services. Financial terms of the transaction weren’t disclosed.
Walmart sees ‘positive momentum’ in 2Q
Walmart earned $1.07 per share in the fiscal second quarter, slightly lower than its $1.08-per-share profit a year ago but above Wall Street’s consensus forecast of $1.02. The retail giant said Thursday that revenue grew 0.5% to $120.
Perrigo to buy OTC distributor Geiss, Destin & Dunn
Perrigo Co. plc plans to acquire Geiss, Destin & Dunn Inc., a U.S. distributor of over-the-counter health care, personal care and consumer products. Financial terms of the deal weren’t disclosed.
Rite Aid, EnvisionRx start 90-day at retail program
A new prescription drug program from Rite Aid Corp. and its EnvisionRx pharmacy benefit management arm gives patients with chronic conditions more flexibility in getting their maintenance medications.
Target reports declined 2Q sales, earnings
Target Corp. posted a 7.2% decrease in revenue and a 9.7% decline in net earnings for the second quarter. Target said Wednesday that adjusted earnings per share were $1.23 for the second quarter ended July 30, well above analysts’ projections of $1.13, on revenue of nearly $16.
Clairol 1970s model returns for Nice’n Easy
A new advertising campaign from Nice’n Easy brings back a Clairol model from the past. The Procter & Gamble hair care brand said that after a 30-year hiatus, Tracey “Africa” Norman is making a return to modeling in the new “Color As Real As You Are” campaign for Nice’n Easy. Norman will appear
Fred’s appoints new chief merchant
Bryan Pugh has resigned as chief merchant at Fred’s Inc. and has been replaced by Mary Lou Gardner. Fred’s said late Tuesday that Gardner takes over Pugh’s role as executive vice president and chief merchandising and marketing officer effective immediately.
CVS: Convenience, coverage sway flu shot decisions
Convenience and insurance coverage are chief factors for consumers in deciding where to get a flu shot, according to a poll from CVS Health. A Harris Poll online survey of 2,000 U.S.