Walgreens Boots Alliance Inc. (WBA) and Rite Aid Corp. have extended the time frame for completing their planned $17.2 billion merger. The companies have pushed back the end date for the deal by three months to January 27, and they expect the transaction to close early next year.
Paul Urick has been promoted to president of Diplomat Pharmacy Inc. Urick, who had been senior vice president of industry relations, pharmaceutical account management and payor strategy, succeeds Gary Kadlec, who will retire on December 31.
Shoppers Drug Mart (SDM) has formally applied to dispense medical marijuana. The chain plans only to distribute the drug with a prescription, not produce it.
The Zika virus is more prevalent than Florida health officials have reported, and pregnant women should consider postponing travel to Miami-Dade County, the Centers for Disease Control and Prevention (CDC) said last month.
CVS Pay, an end-to-end mobile payment program at CVS Pharmacy, has been rolled out nationwide. CVS Pay is now part of the CVS Pharmacy mobile app, and it integrates payment, prescription pickup and the ExtraCare loyalty program into one scan at checkout.
Extending its omnichannel strategy, Walgreens has launched a ship-to-store option for orders made online or via its mobile app.
Loblaw Cos./Shoppers Drug Mart (SDM), Canada’s largest food and drug retailer, has rejoined the Neighbourhood Pharmacy Association of Canada.
The Center for Pharmacy Practice Accreditation (CPPA) announced that it has accredited Thrifty White Specialty Pharmacy. Fargo, N.D.-based Thrifty White Pharmacy offers specialty patients full pharmacy support services, which it has expanded to serve all 50 states.
Initiatives from CVS Health and Walgreens to collect unused medications have produced dramatic results, the companies announced. They reported the results ahead of National Prescription Drug Take Back Day late last month.
In chain drug retailing, the most disappointing product category in 2016 has been beauty care. Indeed, the problem with the beauty care category in chain drug stores is, quite simply, the chain drug store’s inability to generate any significant interest in the category.
The United Nations Foundation last month recognized five individuals and organizations whose support has helped the UN address a range of serious issues around the globe.
Here’s the poop about Poo-Pourri: They know the deal with social media marketing. Since launching Poo-Pourri Before-You-Go Toilet Spray in 2007, the company (Poo-Pourri Scentsible LLC) has drawn more than 200 million combined YouTube views.
E-hydrate, the maker of Protein On-the-Go natural hydration energy drink mixes, has landed retail distribution with Walgreens. The company said that Walgreens has added E-hydrate’s two flagship SKUs — Protein On-the-Go Premium in chocolate and vanilla flavors — in top locations across the country.
CVS Health plans to terminate about 600 corporate jobs over the next couple of months. The job cuts will be made primarily at CVS corporate offices in Rhode Island, Illinois and Arizona, the company said.
Target Corp. announced that Anne Dament, senior vice president of grocery merchandising, will be leaving the company on Nov. 18 after 18 months in the role. The retailer said it will conduct an extensive search within and outside the company to find Dament’s replacement.
Sales continued to slump at Fred’s Inc. as the company posted declines for October. Fred’s said Thursday that revenue for the four weeks ended Oct. 29 totaled $157.3 million, down 4.2% from $164.2 million a year earlier. Same-store sales decreased 3.4%, compared with a 2.3% uptick a year ago.
