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NACDS elects new officers, board members

The National Association of Chain Drug Stores has elected Greg Wasson, president and chief executive officer of Walgreen Co., as the new NACDS chairman and announced the election of other new officers, a new executive committee member and five new board members.

Community Rx is ‘disruptive innovator,’ NACDS CEO says

Government and health care decision makers are exhibiting a rising appreciation of the role that community pharmacy services can play in improving the quality and lowering the cost of health care, National Association of Chain Drug Stores president and chief executive officer Steve Anderson said at

Jean Coutu sells off chunk of Rite Aid stake

The Jean Coutu Group has sold more than 20% of its equity stake in Rite Aid Corp. Jean Coutu said late Friday that it completed the sale of 56 million, or nearly 24%, of its 234.4 million common shares of Rite Aid. The sale of the shares lowers Jean Coutu’s interest in

NACDS chairman: There’s ‘no substitute’ for engagement

As National Association of Chain Drug Stores chairman Bob Loeffler sees it, the record-breaking participation in this year’s NACDS RxImpact Day on Capitol Hill shows the effect that proactive member engagement can have. H-E-B’s Bob Loeffler, chairman of NACDS.

Rite Aid’s results show improvement

Continuing its financial recovery, Rite Aid Corp. turned in improved results for its fiscal 2012 fourth quarter and full year. In the 13-week quarter ended March 3, revenue totaled $7.1 billion, up 10.7% from the prior-year period. Same-store sales grew 3%, reflecting gains of 1.

Rx customers courted by Walgreens

Walgreen Co. is seeking to attract new pharmacy customers by offering a $25 gift card with every transferred prescription. The offer is designed to capture new customers and educate patients on the benefits of having all their prescriptions in one pharmacy. It is being promoted on walgreens.

CVS enhances access to preventive care

CVS/pharmacy has kicked off a program of free health screenings that will run through the end of the year in multicultural communities nationwide. CVS says the program — dubbed Project Health — will provide more than $21 million worth of screenings throughout 2012.

Interest in Total Store Expo builds

The National Association of Chain Drug Stores has high hopes for next year’s debut of the Total Store Expo, according to president and chief executive officer Steve Anderson. The expo will bring together what are now three separate shows in one setting in Las Vegas in August of 2013.

NACDS acts on board nominees

The National Association of Chain Drug Stores board of directors was expected to approve a slate of new officers for the 2012/13 year at a session held here on April 21, the first day of the NACDS Annual Meeting. Greg Wasson, president and chief executive officer of Walgreen Co., was in

Walmart offers Rx benefits plan

Wal­mart is teaming up with Humana Pharmacy Solutions Inc. to offer employers a pharmacy benefits plan guaranteeing up to 20% off prescription costs. The new Walmart Rx Network offers self-insured employers an average of 10% savings on their annual average prescription price.