CVS Caremark Corp. is buying Coram LLC from Apria Healthcare Group Inc. The $2.1 billion transaction — CVS Caremark’s largest deal in five years — was announced earlier this month. It will add specialty infusion services to the company’s offering.
Pharmacy organizations have praised last month’s enactment of a federal comprehensive supply chain and compounding law. The Drug Quality and Security Act boosts the Food and Drug Administration’s authority to regulate compounding pharmacies that ship drugs across state lines.
Peter McMahon has been named chief executive officer of Shopko Stores Operating Co., replacing interim CEO Michael Bettiga. A 30-year retail veteran, McMahon most recently was chief operating officer of Loblaw Cos., Canada’s leading supermarket operator.
Canada’s highest court dealt a blow to pharmacy chains earlier this month when it upheld Ontario’s ban on drug stores selling their own brands of private label generic drugs.
Walgreen Co. has opened what it says is the nation’s first net-zero energy retail store. Anticipated to produce energy equal to or greater than it consumes, the new store here employs a pair of wind turbines, nearly 850 solar panels and a geothermal system burrowed 550 feet into the ground.
London Drugs opened a novel store here late last month. The company’s 78th unit, the 36,720-square-foot store is London Drugs’ second outlet in Regina and introduces a new open concept area where consumers’ technology needs can be addressed.
Shoppers Drug Mart has revamped its Life Brand line of vitamins and supplements and launched an online tool to help customers find health products.
Bartell Drugs is testing a state-of-the-art system that will let its customers print anything from a personal photo book to a classic novel in just minutes. The full-service digital-to-print media center features On Demand Books’ in-store Espresso Book Machine integrated with Kodak Picture Kiosks.
CVS Caremark Corp. has named longtime health care industry veteran Tracy Bahl executive vice president of health plans. He will oversee the company’s teams that support its health plan clients and help them navigate the nation’s evolving health care system.
With the opening of a new store here in collaboration with Johns Hopkins Medicine (JHM), Walgreen Co.
It’s not that Mark Cosby, the departing president of the CVS drug chain, was not respected. After all, here was an executive with an extensive retailing background, most notably at Sears and Macy’s. The drawback was that Cosby was not a chain drug retailer.
While the new regulations governing pharmacy compounding contained in the Drug Quality and Security Act, which received final congressional approval and was signed into law by President Obama last month, garnered most of the media attention, the bigger story is the provisions of the legislation givi
The Coca-Cola Co. has announced sweeping management and organizational changes that will eliminate its Coca-Cola Americas unit.
