CVS Caremark ‘surprised’ by Walgreens’ PBM move
CVS Caremark Corp. expressed disappointment with Walgreen Co.’s announcement that it won’t be a part of CVS Caremark’s pharmacy benefit management network going forward.
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Lewis Drugs sets new store prototype
Lewis Drugs has begun construction of a new-concept store in Sioux Falls, S.D., to be located on the southwest corner of 69th Street and Louise Avenue.
Health care reform cost estimate rises
The cost of reforming the nation’s health care system may be more than originally expected, a recent estimate from the Congressional Budget Office finds.
Rite Aid unveils private-label baby care line
Rite Aid Corp. has added a new line of private brand products to its baby care offering. Called Tugaboos, the line initially includes diapers and training pants. Going forward, Rite Aid expects to add more items, including creams, lotions and wipes.
Chain Drug Consortium launches Web portal
The Chain Drug Consortium has launched a Web portal that it says will provide members’ retail point-of-sale data to all participating program suppliers. To create the portal, the Chain Drug Consortium has partnered with Sona LLC.
NACDS appoints VP of state affairs
The National Association of Chain Drug Stores has named Sandra Kay Guckian vice president of state government affairs. In her new role Guckian, who previously served as vice president and deputy director of state government affairs, will head the NACDS state government affairs team.
Exit of Ryan, Maione to have big impact
Two game-changing personnel shifts were announced last month: one stunning in its inexplicable surprise, immediate impact and long-term implications; the second unfortunate and perhaps, in the end, inevitable.
Pennsylvania law to spur pharmacist-doctor teamwork
A new law in Pennsylvania will foster more teamwork between pharmacists and doctors on behalf of patients, according to the National Association of Chain Drug Stores.
Drug chains find themselves in a difficult spot
As recent developments in several countries attest, traditional drug stores confront an array of challenges that have the potential to weaken their competitive position vis-à-vis other community pharmacy operators and threaten their financial viability.
Walgreens severs its pharmacy relationship with CVS Caremark PBM
Walgreen Co. no longer plans to participate in any new and renewed prescription drug plans awarded to the pharmacy benefit management business of CVS Caremark Corp.
Target sweetens pharmacy rewards
Target Corp. is changing its pharmacy rewards program to make it easier for customers to earn discounts for filling prescriptions at its stores.
Rite Aid reports decline in May sales
Sluggish pharmacy and front-end business fueled a decline in same-stores sales and total revenue in May at Rite Aid Corp. The drug store chain said Thursday that same-store sales for the five weeks ended May 29 fell 1.7% compared with the prior-year period. That was down from a 1% drop-off in
Same-store sales stay flat for Walgreens
Despite a solid gain in overall revenue, Walgreen Co. posted roughly flat same-store sales for May. The drug store chain said Thursday that comparable-store sales in May — which don’t include the recently acquired Duane Reade stores — dipped 0.
Duane Reade customers to sample Omnibalm
Product sampling for Balm Innovations’ Omnibalm 13% Tea Tree Oil Skin Relief Cream is being held this week at select Duane Reade drug stores in New York City. The company said that from June 3 to 5, customers at 20 Duane Reade stores in Manhattan, Brooklyn and Queens can receive samples
ZymaDerm gets distribution at Walgreens
Walgreens has agreed to carry ZymaDerm, a painless topical treatment for the skin infection molluscum contagiosum, at its drug stores nationwide. Naturopathix Inc., which markets ZymaDerm, said Wednesday that the over-the-counter treatment makes the skin condition disappear in 30 days.
Noxzema preps Clean Blemish Control ad blitz
Noxzema next month plans to launch an advertising campaign for its new Clean Blemish Control line of acne treatments. The Alberto Culver brand said the Clean Blemish Control formulations are designed for adult skin to help prevent breakouts and blemishes.