CVS Caremark Corp. may be on the verge of going international. The Woonsocket, R.I.-based pharmacy company is in advanced negotiations to buy a controlling interest in Onofre, a chain drug store operator in Brazil, according to the Valor Economico newspaper.
The White House and congressional Republicans remained far apart on a plan for avoiding the automatic tax increases and spending cuts known as the “fiscal cliff” earlier this month, even as the consequences of not coming to an agreement came into sharper focus.
As 2012 draws to a close, numerous developments in health care reform continue to occur. Health and Human Services Secretary Kathleen Sebelius must decide by January 1 which states are capable of running their own health insurance exchanges.
Gallup Inc.’s annual Honesty and Ethics survey reveals that pharmacists rank second only to nurses as the most trusted professionals. Of 1,015 U.S. adults polled, 75% rated pharmacists "very high" or "high" in terms of honesty and ethics. That put pharmacists at No.
Kinney Drugs vice president of marketing Jim Wuest is set to retire at the end of the year, at which time vice president of merchandising Rick Cognetti will be promoted to vice president of marketing and merchandising.
Jean Coutu Group Inc. has agreed to acquire a 50% share of Le Groupe Medicus Inc., a company that specializes in orthotics and prosthetic devices. Financial terms of the deal were not disclosed.
Rite Aid Corp. stores have become the exclusive carriers of Forever Fit, a new line of home fitness products developed by fitness expert Denise Austin.
The National Association of Chain Drug Stores has moved its corporate office. The trade association relocated its headquarters on December 3 to 1776 Wilson Blvd., Suite 200, in Arlington, Va. All office and staff telephone and fax numbers have remained the same.
Rebecca Chater has joined pharmacy alliance RxAlly as vice president of health outcomes. In the new role, Chater will provide leadership and clinical management of RxAlly solutions as well as integrate business development with clinical staff and operations.
Canadian consumer confidence, at 92, is now just below the 94 level scored at the end of the second half of 2007 and again in the first quarter of this year.
The recent legislative and policy changes empowering Canadian pharmacists to offer new patient services and interventions represent challenge as well as opportunity for community pharmacy, said Justin Bates, vice president of Pharmacy Affairs for the Canadian Association of Chain Drug Stores (CACDS)
If you’re within a thousand miles of Chicago, make the journey to the Windy City and drop in on the new, 30,000-square-foot (25,000-square-foot selling) Walgreens drug store in the city’s Bucktown/Wicker Park neighborhood.
Walgreens has received a lot of well-deserved attention related to the opening of its latest flagship stores, in Hollywood, Calif.
A federal appeals court has reversed a decision earlier this year to suspend a 10% reimbursement cut in Medi-Cal, California’s Medicaid program. The California Pharmacists Association (CPhA) said late Thursday that the U.S.
CVS Caremark Corp. plans to buy 19 Medicine Chest drug stores in Texas later this month. CVS said Friday that under the deal, CVS/pharmacy will operate nine of the acquired locations and relocate 10 other Medicine Chest pharmacies into nearby CVS/pharmacy stores.
Kroger Co. pharmacies have launched a program in which diabetes patients with private health insurance can get a $4 co-payment on Kroger Premium blood glucose test strips.
