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 and Aetna have entered into a value-based agreement for the type 2 diabetes medications Januvia and Janumet (sitagliptin plus metformin).
This weekend, Walmart is making another pitch to consumers to come to its stores for their health care needs. On Saturday, Oct.
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.
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.
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.
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
Former Shoppers Drug Mart (SDM) chairman, president and chief executive officer David Bloom died last month at age 73. Bloom, who started with the chain as a pharmacist in 1967, took the reins as president and CEO in 1983.
Seeking to boost the number of young people getting health insurance through the Affordable Care Act, the Obama administration is employing targeted digital communications and social media.
Citing the changing needs of its members, the Food Marketing Institute is cancelling its annual FMI Connect trade show. “FMI aims at all times to be as agile and as bold as required to serve the needs of our members as well as the broader food industry,” said organization president and chief
To help meet the growing need for skin care resources and accessible care and treatment, Walgreens has launched a new skin care answers platform, available through Walgreens.com and the Walgreens mobile app. The average wait time for patients looking to see a dermatologist in the U.S.
The Neighbourhood Pharmacy Association of Canada (Neighbourhood Pharmacies) has appointed Justin Bates as its permanent chief executive officer. Speaking to the appointment, board chair Vivek Sood said: “I am very pleased to announce Justin’s appointment as permanent CEO.
“Late Night” host and “Saturday Night Live” alumnus Seth Meyers will headline the National Association of Chain Drug Stores Foundation Dinner on December 1 in New York City.
Cardinal Health said it is offering independent pharmacies a pharmacy-centered approach to preferred access to Medicare Part D networks to help them overcome “reimbursement pressures” in 2017.
Health Mart recently kicked off its fourth Town Hall CE series with events in Birmingham, Ala., and Oak Park, Ill.
and, typically of a business that continues to grow, prosper and change, the tendency is to forget to remember what these icons accomplished. Last month, two executives who were instrumental in building chain drug retailing passed away. They were radically different, yet remarkably
