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CDR

NACDS reflects on impact of Hatch-Waxman

The strong relationship between retail pharmacy and the generic drug industry was stressed by the National Association of Chain Drug Stores as it marked the 30th anniversary of the enactment of the Drug Price Competition and Patent Term Restoration Act, also known as the Hatch-Waxman Act.

Plastic bags banned in California

The nation’s first statewide ban on single-use plastic bags at drug, grocery and convenience stores has been signed by California Gov. Jerry Brown, but a national coalition of plastic bag manufacturers has vowed to seek a referendum to repeal the law, which is scheduled to take effect in July.

Former Shoppers Drug Mart CFO joins 99¢ Only Stores

Former Shoppers Drug Mart chief financial officer Brad Lukow has been appointed in the same role at 99¢ Only Stores. The extreme value retailer said Monday that as CFO of 99¢ Only Stores, Lukow will be responsible for overseeing finance, accounting and treasury.

Drug chains lead way in retail health care

The three most influential health care retailers in America are drug chains. They are, in no particular order, Walgreens, CVS Health and Rite Aid. In a sense, this is a surprise. Over the past several years, every major mass retailer in the U.S. has put an emphasis on health care.

Sales at Jean Coutu Group edge up in 2Q

Jean Coutu Group saw its retail store network and corporate sales rise slightly for the fiscal 2015 second quarter. The Canadian drug chain’s net earnings for the quarter, which ended Aug. 30, were in line with the consensus estimate of analysts.

UrgentRx introduces multipack boxes

UrgentRx is expanding its product line with UrgentRx Fast Powders multipack boxes, which contain 10 single-dose packets of the brand’s fast-acting, flavored powder medications.

Walgreens extends reach as Part D preferred pharmacy

Walgreen Co. has more than doubled its preferred pharmacy network relationships with national Medicare Part D plan sponsors for 2015. Walgreens said Tuesday that for the 2015 plan year it will be a preferred pharmacy for nine plan sponsors, compared with three in the prior coverage period.

APhA campaign touts med sync programs

The American Pharmacists Association Foundation has launched Align My Refills, a campaign that provides resources and points patients and caregivers to their local pharmacist for help in maintaining medication regimens.

Haggen becomes bigger pharmacy player

A major acquisition by regional food and drug chain Haggen Inc. will not only expand its store count nearly tenfold but also its number of pharmacies. Haggen will boost its pharmacy count from less than 20 to more than 100 with the store acquisition.