Supervalu sells Save-A-Lot chain
Supervalu Inc. has agreed to sell its Save-A-Lot hard discount grocery chain to private equity firm Onex Corp. for $1.365 billion in cash.
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CVS lends hand with Medicare Part D enrollment
With open enrollment for Medicare Part D kicking off over the weekend, CVS Pharmacy has begun offering in-store and online resources to help seniors select prescription drug coverage for the 2017 plan year.
Benzer Pharmacy enters Oklahoma with franchised store
Benzer Pharmacy has opened its first franchised pharmacy location in Oklahoma. The drug chain said Friday that the new store, at 219 Dewey Ave. in Poteau, Oklahoma, also marks the debut of the Benzer Pharmacy brand in the state.
Kirby Lester updates KL1, KL1 Plus tablet counters
Kirby Lester has unveiled updates for its top-selling tablet counter devices, the KL1 and KL1Plus, for retail, hospital outpatient and long-term care pharmacies.
CVS highlights cost-quality-access dilemma
Some consumers are making trade-offs as they try to solve the cost-quality-access equation for health care, according to CVS Health. This week, CVS posted some key findings from a poll of 2,000 registered voters that it conducted last month.
SmartMouth launches Dry Mouth Formula Oral Rinse
Triumph Pharmaceuticals Inc. has added the new Dry Mouth Formula Oral Rinse to its SmartMouth oral care line. Featuring Moisture-Lock Technology, SmartMouth Dry Mouth Formula Oral Rinse stops dry mouth while also providing fresh breath all day, according to Triumph.
Community Rx solution suite unveiled by Smith Drug
Smith Drug Co. has launched a suite of services that it said gives independent retail pharmacies access to offerings and information previously available only to major chains.
NACDS gives its support to tech-check-tech pilot
The National Association of Chain Drug Stores has partnered with the Pharmacy Society of Wisconsin to pilot a new practice model based on prescription verification.
Teva releases Rajani birth control pill
Teva Pharmaceutical Industries Ltd. has launched Rajani, an oral contraceptive, to pharmacies in the United States. Teva said Wednesday that Rajani (drospirenone, ethinyl estradiol and levomefolate calcium tablets, 3 mg/0.02 mg/0.451 mg, and levomefolate calcium tablets, 0.
Newell Brands sells tool business for $1.95 billion
As part of its recently announced growth strategy, Newell Brands Inc. plans to sell its tool brands to Stanley Black & Decker in a $1.95 billion deal. Newell said Wednesday that the agreement includes its Irwin, Lenox and Hilmor brands.
Merck, Aetna team up for value-based program
Merck and Aetna have entered into a value-based agreement for the type 2 diabetes medications Januvia and Janumet (sitagliptin plus metformin).
Walmart ramps up for Wellness Day event
This weekend, Walmart is making another pitch to consumers to come to its stores for their health care needs. On Saturday, Oct.
Report: Amazon plans convenience food stores
Amazon.com Inc. reportedly plans to boost its grocery business by opening small brick-and-mortar stores. The outlets would sell perishable items such as milk, meat and produce, according to The Wall Street Journal, which cited anonymous sources familiar with retailer’s intentions.
WBA works to clear way to finalizing Rite Aid acquisition
Speculation continues to percolate about snags holding up Walgreens Boots Alliance Inc.’s (WBA’s) acquisition of Rite Aid Corp. Last last month the New York Post reported that private equity firms were uninterested in purchasing 650 stores that WBA must divest to satisfy antitrust requirements.
Genoa enters New York market
After opening its 300th pharmacy a few months ago, Genoa has achieved another milestone. The fast-growing behavioral health pharmacy has launched its first location in New York, giving the company 330 pharmacies overall. The new pharmacy is inside the Bay Shore, N.Y.
Chain drug legend Cork Walgreen dies
Charles (Cork) Walgreen III, who led Walgreen Co. for nearly three decades, died last month at age 80. Walgreen, whose grandfather, Charles Walgreen Sr., opened the first Walgreens drug store in Chicago in 1901, was born in 1935 to Mary Ann Leslie and Charles Walgreen Jr. He would go on to become