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Edeker brings fresh perspective to NACDS

Edeker brings fresh perspective to NACDS

Although Randy Edeker is a relative newcomer to the National Association of Chain Drug Stores board of directors, he has already had an impact on the organization, one that will increase significantly this week when he becomes NACDS chairman.

NACDS names new officers, board members

NACDS names new officers, board members

At its Annual Meeting this weekend, the National Association of Chain Drug Stores (NACDS) elected new officers, four new Executive Committee members and five new board members for the 2015-16 term. Randy Edeker, chairman, president and chief executive officer of Hy-Vee Inc.

Mylan says no to Teva’s acquisition bid

Mylan N.V. has rejected an unsolicited bid to be acquired by Teva Pharmaceutical Industries Ltd. in a cash-and-stock deal valued at more than $40 billion. Mylan said Monday that its board of directors unanimously voted against Teva’s offer, which was announced on April 21.

Discount Drug Mart’s wide-ranging mix

Discount Drug Mart’s wide-ranging mix

Discount Drug Mart saw its third straight year of improvement in 2014, as sales climbed 6.5% to some $621 million. Thriving pharmacies are the backbone of the 72-store Ohio drug chain’s business.

Industry Outlook: Drug chains to get a lift

Industry Outlook: Drug chains to get a lift

Drug chains are leveraging their strengths of accessibility and convenience as they extend their core prescription drug business further into the health care realm and diversify their front-end mix.

Motz guides Shoppers Drug Mart in new era

Motz guides Shoppers Drug Mart in new era

Interviewed in his office some three months into his mandate as president of Shoppers Drug Mart (SDM), Mike Motz exuded the energy and enthusiasm that his colleagues say has typified his approach to his whole career in retail management.

HHS to eye the pricing of generics

HHS to eye the pricing of generics

The federal government is looking into the effect of generic drug price increases on Medicaid. The Office of the Inspector General of the Department of Health and Human Services (HHS) will compare generic price increases between 2005 and 2014 to the inflation rate.

Foran raises the bar for Walmart U.S.

After eight months on the job as president and chief executive officer of Walmart U.S., Greg Foran has gained a clear view of where the retailer needs to improve and what it needs to do. Foran shared his views on the state of the nation’s largest retailer during its Strategic Update for

Albertsons enlarges Miller’s role

Albertsons enlarges Miller’s role

Bob Miller has been named chief executive officer of Albertsons, replacing Robert Edwards, who will assume the role of vice chairman. Miller will continue to serve as executive chairman of the company, which comprises Albertsons LLC, New Albertsons Inc. and Safeway Inc.

Two new clinical affiliations formed by CVS

CVS Health has entered into new clinical affiliations with Rush University Medical Center in Chicago and with Tucson Medical Center in Tucson and its accountable care organization, Arizona Connected Care.