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CVS names Foulkes chief health strategy officer

CVS Caremark has appointed Helena Foulkes as executive vice president and chief health care strategy and marketing officer, a newly created position. Foulkes, 46, formerly was executive vice president and chief marketing officer.

Summer Infant acquires BornFree

Summer Infant Inc. is branching its baby care portfolio into the infant feeding space with the acquisition of BornFree Holdings Ltd. Summer Infant said Monday the deal also stands to open up the drug store market for its baby products.

Rite Aid takes aim at allergies

With allergy season getting under way, Rite Aid Corp. is serving up free "Allergy Relief" guides in stores and alerting allergy sufferers to consult with its pharmacists for advice. Rite Aid said Monday that the Allergy Relief guide, also available online at riteaid.

Rx advocates make case on Capitol Hill

More than 350 drug chain executives, pharmacists and pharmacy students from across the country took to Capitol Hill earlier this month to lobby lawmakers about the role community pharmacy can play in controlling health care costs.

Walgreens sells PBM unit to Catalyst Health

Walgreen Co. is stepping out of the pharmacy benefits management (PBM) business. President and chief executive officer Greg Wasson said Walgreens’ deal to sell Walgreens Health Initiatives Inc. (WHI), its PBM unit, to Catalyst Health Solutions Inc.

Drug chains to face new challenge from Walmart Express

Until now, chain drug stores have generally not had to cope with the specter of a Walmart pharmacy nearby. The retailer’s focus on opening its huge Supercenters in suburban and small-town locations has left to drug stores the advantage of being able to find sites in all kinds of markets and to

Magnacca rises at Walgreens

Joe Ma­gnacca, who was integral to the renaissance at Duane Reade before its purchase by Walgreen Co., has been named president of daily living products and solutions for Walgreens.

NACDS puts spotlight on the supply chain

The changing retail environment is putting new demands on the supply chain, according to Kantar Retail chief knowledge officer Bryan Gildenberg. Gildenberg spoke earlier this month at the National Association of Chain Drug Stores Supply Chain & Logistics Conference here.

AmerisourceBergen tabs Collis as CEO

Ameri­sourceBergen Corp. chief executive officer R. David Yost plans to retire from the company on July 1. Steve Collis, who has been AmerisourceBergen’s president and chief operating officer since November, has been named to succeed Yost as the company’s top executive.

Rite Aid simplifies drug disposal

Rite Aid Corp. pharmacies are carrying specially designed drug disposal envelopes, targeting them to customers who want to safely get rid of unused, outdated or unwanted medications. Customers can put unwanted prescription and over-the-counter medications in the envelope and, once sealed.