Walgreens execs shed light on CCR strategy
Walgreen Co.’s Customer-Centric Retailing (CCR) transformation is reshaping the shopping experience to inspire consumers with choices and ideas, two of the program’s architects said at a conference here.
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Grass, Rite Aid founder, dies at 82
Alex Grass, who opened a small health and beauty aids store in Scranton, Pa., in 1962 and built it into Rite Aid Corp., now the nation’s third-largest drug chain, died late last month. He was 82. Grass, who became a philanthropist in his later years, died from respiratory failure at his home
Drug chains prepare for a busy flu season
Chain drug retailers are working to stay ahead of the game this flu season amid rising public concern about the need to get immunized, which is being driven by fears about the spread of the H1N1, or swine flu, virus. Facing the unprecedented challenge of meeting demand for both seasonal flu shots
Walgreens agrees to supply Rxs directly to Caterpillar
Walgreen Co. recently struck a deal to offer prescription drugs directly to Caterpillar Inc. workers and retirees. The agreement marks the second such program that the heavy equipment manufacturer has made with a community pharmacy chain.
‘The shopper of tomorrow will spend less’
Consumers are changing the way they shop for health and beauty products because of the recession, according to new research from Information Resources Inc. (IRI) and the National Association of Chain Drug Stores.
Back-to-school shopping season reflects consumer shifts
In 1776 Thomas Paine wrote: “If there must be trouble, let it be in my day, that my child may have peace.” Those words are echoed in the current economy, reflecting a mother’s desire to shelter her children from economic hardship.
NACDS names board member
Supervalu Inc. executive vice president of merchandising and marketing Duncan Mac Naughton has been elected to the National Association of Chain Drug Stores board of directors.
Outsiders bring new thinking to industry
Chain drug retailing is changing more quickly and more dramatically than at any time in recent memory.
Retail Rx can’t afford to let its guard down
Retail pharmacy operators garnered a significant victory late last month when the state of Delaware agreed to rescind some of the cuts it had intended to make in reimbursements for prescriptions filled under the Medicaid program.
Walgreens kicks off flu season public awareness campaign
Walgreen Co. has launched a campaign to promote public education about the flu and highlight the need to get immunized.
Target rolls out flu shots in pharmacies, clinics
Next month, Target Corp. plans to offer seasonal flu shots at its more than 1,500 pharmacies nationwide.
Giant Eagle unveils free antibiotics program
Giant Eagle Inc. is offering certain commonly prescribed generic antibiotics at no charge through all of its pharmacies.
AWP case ruling a blow to pharmacies, NACDS says
A federal appeals court this week upheld settlements in the First DataBank Inc. and Medi-Span Inc. case that stand to cut the average wholesale prices (AWPs) of drugs paid to pharmacies, according to the National Association of Chain Drug Stores. NACDS warned that the September 3 ruling by the U.S.
Pfizer cites transparency measures after $2.3B settlement
Pfizer Inc. said it’s taking extra steps to foster greater transparency in its promotional practices after the pharmaceutical giant this week agreed to a $2.3 billion settlement with the U.S. Department of Justice over allegations of fraudulent marketing.
Kerr Drug prepares for seasonal and swine flu
Kerr Drug is getting set to handle this year’s two-pronged flu season with vaccination efforts for both seasonal flu and H1N1 "swine flu" viruses.
Rite Aid reports drop in same-store sales
Citing the shaky economy, among other factors, Rite Aid Corp. in August turned in its third straight month of declined same-store sales. The drug store chain said Thursday that overall same-store sales decreased 1.9% year over year for the five weeks ended August 29. Same-store results had dipped 0.