This summer, AmerisourceBergen Corp. plans to begin construction on three new distribution centers. The new facilities will be located in Olive Branch, Miss.; Shakopee, Minn.; and Newburgh, N.Y. AmerisourceBergen said building is expected take 18 to 24 months to complete.
Some 13% of people who enrolled in health insurance plans this year under the Affordable Care Act have lost coverage, many because they failed to pay their share of premiums, the Obama administration reported. The number of people on the rolls as of March 31 stood at 10.2 million, down from the 11.
Former Katz Group head Andy Giancamilli has been named interim president and chief executive officer of 99 Cents Only Stores. Giancamilli, who was appointed chairman of the chain in April, replaced Stéphane Gonthier, who resigned.
Cardinal Health Inc. plans to acquire pharmaceutical distributor The Harvard Drug Group (THDG) from private equity firm Court Square Capital Partners for $1.12 billion. Based in Livonia, Mich.
Mike Podgurski, vice president of pharmacy services at Rite Aid Corp., has been named 2015 honorary president of the National Association of Boards of Pharmacy (NABP).
As part of gaining regulatory approval for its acquisition of Family Dollar Stores Inc., Dollar Tree Inc. has agreed to sell 330 stores to private equity firm Sycamore Partners.
in Olive Branch, Miss.; Shakopee, Minn.; and Newburgh, N.Y. — to its distribution network, which handles some 35% of the pharmaceutical products sold in the United States. The multimillion-dollar investment to build and equip the warehouses will bring the amount of money the
the wrong kind of headlines. Some samples include the following: • CVS is being accused of targeting African-American and Hispanic shoppers as more likely to cause trouble than are Caucasian customers. • Walmart has reluctantly agreed to lower the temperature — by one degree
As prescription drug revenue and profitability are threatened by the expanding share of generics and continued reimbursement pressures, many chain drug retailers are counting on improved front-of-store sales and profitability to counterbalance the declines. That goal faces several challenges.
The year 2014 will be remembered as one of discovery about the power of niche and exclusive beauty brands at retailers in the United States, and that momentum will increase well into the future.
Independent drug chain Benzer Pharmacy is looking to acquire more pharmacies to fuel its expansion. The Tampa, Fla.
The Food Marketing Institute (FMI) held its FMI Connect annual conference and trade expo this week, drawing stakeholders from across the food retailing industry.
A new white paper from Walgreens finds that its Balance Rewards for healthy choices (BRhc) loyalty program is encouraging healthier behaviors by members, including weight loss and improved medication adherence by those with hypertension and/or diabetes.
Glenmark Pharmaceuticals Inc. USA has been granted final approval by the Food and Drug Administration for calcipotriene cream, a psoriasis medication. Glenmark said Thursday that it plans to begin shipping of its calcipotriene cream product, a generic version of Dovonex Cream 0.
The National Association of Chain Drug Stores reported that Medi-Cal, California’s Medicaid program, will begin sending letters to pharmacies about recoupment of funds stemming from a reimbursement reduction that had been blocked in court and then later allowed to proceed.
This month, the Patient Access to Pharmacists’ Care Coalition (PAPCC) released newspaper ads and radio spots urging Congress to pass the Pharmacy and Medically Underserved Areas Enhancement Act (S. 314/H.R. 592).
