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2016

CVS recognized as retail health innovator

CVS recognized as retail health innovator

Fast Company, one of the more appealing and relevant business publications to have come along in recent years, recently compiled a list of the world’s 50 most innovative companies. Several familiar names were included, perhaps most notably to retail students, CVS Health.

CVS launches first pharmacies within Target stores

CVS launches first pharmacies within Target stores

CVS Health has debuted its first rebranded pharmacies inside Target Corp. stores. The pharmacies, in six stores in North Carolina, are being operated through a store-within-a-store format under the CVS/pharmacy banner. CVS, which completed its $1.

WBA acquisition of Rite Aid moves step closer to reality

WBA acquisition of Rite Aid moves step closer to reality

Rite Aid Corp. stockholders voted overwhelmingly this month to approve the company’s $17.2 billion acquisition by Walgreens Boots Alliance Inc. (WBA). Some 97% of the votes cast at a special meeting of stockholders were in favor of the deal.

Panzer promoted by Albertsons

Albertsons Cos. is expanding the role of Mark Panzer, who joined the company last spring as senior vice president of pharmacy, health and wellness. The retailer announced early this month that it was also putting Panzer in charge of general merchandise and health and beauty aids.

Regional chains take center stage at NACDS

Regional chains take center stage at NACDS

Stakeholders in chain pharmacy understandably direct a lot of attention to the giants of the industry, such companies as CVS Health, Walgreens Boots Alliance, McKesson and Kroger.

Big companies eye health costs

Big companies eye health costs

Twenty of the country’s largest corporations, including American Express Co., Coca-Cola Co. and Macy’s Inc., have banded together to rein in employee health care costs.

Walgreens takes aim at Rx abuse

In an effort to stem the misuse of prescriptions and the rising incidence of overdoses, Walgreen Co. recently announced the launch of a new initiative to combat drug abuse.

Duane Reade takes cues from parent firm

Duane Reade takes cues from parent firm

The newest Duane Reade store has taken the chain’s integration with parent company Walgreens to another level while attracting thousands of customers daily with distinctive offerings. The store opened in January.

Jean Coutu unveils Health Record

The Jean Coutu Group has launched an online platform that provides customers and their families with a single account from which they can access their health records. Called the Health Record, the platform is a project of the Jean Coutu network of affiliated pharmacist-owners.

Hypertension challenge begins

Hypertension challenge begins

PharmaSmart International Inc. and Chain Drug Review have launched a groundbreaking partnership designed to help patients lower their blood pressure at the pharmacy point of care.

CVS Specialty Connect elevates adherence

New research published by the CVS Health Research Institute showed a significant improvement in adherence to specialty medications for patients enrolled in a pilot study evaluating Specialty Connect, CVS Health’s specialty prescription services program. New patients enrolled in the pilot were 17.

As new year unfolds, retail sales outlook encouraging

Retail sales increased for a third straight month in January. The 0.2% gain matched the previous month’s performance, which the Commerce Department initially reported as a decline but revised upward as more data came in.

Medication sync program is introduced by Cardinal

Community pharmacists are reacting positively to a new custom-built medication synchronization program that simplifies the process for patients and caregivers who are filling multiple prescriptions and improves patients’ medication adherence by helping to ensure that they fill all prescriptions ever

Publix taps AmerisourceBergen

Publix taps AmerisourceBergen

AmerisourceBergen Corp. has inked a long-term distribution deal with Publix Super Markets Inc. for branded and generic pharmaceuticals and over-the-counter products. The agreement also enables Publix’s more than 980 pharmacies across the Southeast to expand patient access to specialty medications.

RediClinic forms alliance with health system

Rite Aid Corp.’s RediClinic and Aria Health, the largest health care provider in northeast Philadelphia and lower Bucks County, Pa., are entering into an alliance that will offer greater convenience, increased access and more affordable health care to residents of the region.