Shoppers Drug Mart marks loyalty program’s 15th year
Shoppers Drug Mart is rewarding Shoppers Optimum members as the customer loyalty program celebrates its 15th anniversary.
CDR
Anheuser-Busch InBev’s latest bid nixed by SABMiller
Beer giant Anheuser-Busch InBev has offered to buy fellow brewing behemoth SABMiller plc for $104 billion (U.S.) but saw its increased bid quickly rejected. AB InBev said Wednesday that it’s now offering £42.15 ($64.
Former Walgreens exec to lead store ops at Fred’s
John Foley, a former retail operations executive at Walgreens, is joining Fred’s Inc. as executive vice president of store operations.
Pharmacy fuels 2Q sales at Jean Coutu stores
Gains in the pharmacy offset slow front-end business to lift sales for Jean Coutu Group’s retail store network in the fiscal 2016 second quarter. Jean Coutu said Wednesday that for the second quarter ended Aug. 29., revenue for the franchised store network rose 2.6% to nearly $1.
Study: Waiting for the doctor has a cost
Drug chains and other retail pharmacy players might want to take notice: Waiting to see the doctor carries a cost. A study recently published in the American Journal of Managed Care (AJMC) reckons the cost of time spent seeking health care at $52 billion for Americans in 2010. Led by Kristin Ray, M.
Centrum VitaMints offer refreshing multivitamin option
Centrum is providing a more flavorful and convenient way to take a multivitamin. The Pfizer Consumer Healthcare brand has launched Centrum VitaMints, a minty, chewable multivitamin.
Walmart plans ‘America’s biggest health fair’
This Saturday, Walmart plans to hold what it calls “America’s biggest health fair.” The retail giant said Tuesday that it will offer free blood glucose, blood pressure and vision screenings along with product samples and health insurance information at more than 4,400 stores nationwide on Oct. 10.
AmerisourceBergen to buy PharMEDium for $2.6 billion
AmerisourceBergen Corp. plans to acquire PharMEDium Healthcare Holdings, Inc., a national provider of outsourced compounded sterile preparations (CSPs) to acute care hospitals, in a $2.575 billion cash deal.
Horizon Pharma relocates U.S. headquarters
Horizon Pharma plc is moving its U.S. corporate headquarters to a larger facility in Lake Forest, Ill., to accommodate its expanding organization. Horizon said Monday that the new office space, located at 150 South Saunders Rd. in Lake Forest, is about triple the size of its current U.S.
Cardinal Health closes Cordis acquisition
Cardinal Health has completed its acquisition of Johnson & Johnson’s Cordis cardiology and endovascular device business for $1.944 billion. Cardinal said Sunday evening that the integration of Cordis off to a strong start, with management teams in place worldwide.
CVS to roll out hearing, optical services
CVS/pharmacy plans to add hearing centers in seven stores and provide optical services in another five stores.
Rite Aid turns spotlight on pharmacy team
To celebrate American Pharmacist Month, Rite Aid Corp. has launched its annual “Vote for Your Favorite Pharmacy Team Member Contest.” The drug chain said Thursday that the contest, which runs to Oct. 31, gives customers a chance to win $2,500 in Rite Aid gift cards by nominating a favorite member of
Hi-School Pharmacy returns to Vancouver
After a dozen years, Hi-School Pharmacy has come back to Vancouver, Wash. The regional drug chain has opened a new store in Vancouver’s Minnehaha area at 3200 NE 52nd Street. The location is the retailer’s first new store following a 12-year absence in the market with the sale of 11 stores to
Settlement halts knockoffs of eos lip balm
Eos Products LLC has reached a settlement that stops a private-label manufacturer and its components supplier from selling knockoff versions of its egg-shaped lip balm. Eos said that OraLabs Inc.
New Meijer president joined company as pharmacist
An executive with a pharmacy background has been named as the new president of Meijer Inc. The supercenter chain said Friday that Rick Keyes, executive vice president of supply chain and manufacturing, takes over from J.K.
Supervalu CEO Duncan to retire
Supervalu Inc. president and chief executive officer Sam Duncan plans to retire early next year. The food and drug retailer said late Thursday that Duncan, 63, is slated to step down on Feb. 29, 2016, upon the end of the company’s fiscal year. A search is under way for a new CEO, and