Walgreen Co. reported that an analysis of more than 1,700 patients in its Walgreens Specialty Pharmacy oncology cycle management program (CMP) showed potential savings of $3 million in first three months of therapy.
General Mills has improved the health profile of products accounting for 25% of its U.S. retail sales in fiscal 2010.
American Greetings reported that it’s considering moving its Brooklyn, Ohio, corporate headquarters and is focusing on seven sites.
Borba Inc. plans to launch a skin care and supplement collection exclusive to Walgreen Co. next year.
Shoppers Drug Mart Corp. said two of its licensed associate-owners have filed a $1 billion class-action lawsuit against the company.
Walgreen Co. is ideally positioned for “the retailization of health care,” president and chief executive officer Greg Wasson said at the company’s Analyst Day conference.
Community pharmacy groups won a major victory earlier this month in their continuing battle to stem reductions in pharmacy reimbursement.
A move by Washington state officials that could result in the loss of prescription drug benefits for about 500,000 adults whose prescriptions are covered by Medicaid has been described as a “perilous situation” by the National Association of Chain Drug Stores.
Richard Smith has been promoted from president and chief operating officer to chief executive officer at BioScrip Inc. Plans call for Smith to take the chief executive reins at the pharmacy operator January 1.
Same-store sales growth has been hard to come by for the nation’s largest pharmacy chains of late, but business prospects for mass retailing overall look a bit brighter heading into the holidays. Walgreen Co. and Rite Aid Corp. both saw declines in comparable-store sales for October.
Navarro Discount Pharmacy has strengthened its management team with the hiring of three new executives.
Rite Aid Corp. has launched Rite Aid Online Care, a new service that enables patients with chronic conditions to engage in live, interactive consultations with specially trained Rite Aid pharmacists via the Internet.
Pharmaca Integrative Pharmacy has established an Integrative Health Advisory Board. Members of the panel, all medical doctors, will contribute their expertise to help Pharmaca inform consumers, health care professionals and the media about safe, effective use of integrative medicine.
Walk-in health clinics at Duane Reade can now accept Medicare payments for routine health services provided to senior citizens. The Centers for Medicare & Medicaid Services has certified New York Walk-In Medical Group to receive payments for services under the Medicare program.
The National Association of Chain Drug Stores has called on the Food and Drug Administration to improve the usefulness of medication information that patients get with prescription drugs. NACDS outlined its views in a recent letter to the agency.
With the holiday shopping season set to kick off at the end of next week, retail industry observers are exhibiting a glimmer of hope that sales will be better this year.
