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Rite Aid’s Q2 earnings meet expectations

Rite Aid’s Q2 earnings meet expectations

CAMP HILL, Pa. – Rite Aid Corp. on Thursday posted second-quarter earnings that were in line with Wall Street’s expectations. The company also named three new board members and announced it was dividing the chairman and chief executive officer position.

Amazon looks at rollout of cashier-less stores

Amazon looks at rollout of cashier-less stores

Amazon is considering opening as many as 3,000 of its cashier-less Amazon Go convenience stores by 2021, unnamed sources familiar with the plan told Bloomberg News. Ten Go stores would be up and running by the end of 2018, 50 by the end of 2019 and up to 3,000 by 2021, according to

NACDS applauds California e-prescribing Law

NACDS applauds California e-prescribing Law

ARLINGTON, Va. – The National Association of Chain Drug Stores (NACDS) is applauding the enactment of an electronic prescribing bill (AB 2789) in California that will help to prevent opioid abuse. California Governor Jerry Brown signed the legislation yesterday.

Albertsons names Jim Donald CEO

Albertsons names Jim Donald CEO

Jim Donald has been named president and chief executive officer of Albertsons Cos., effective immediately. He had been president and chief operating officer. Robert Miller, currently the company’s chairman and CEO, will continue as chairman.

Walgreens buys pharmacy files from Fred’s

Walgreens buys pharmacy files from Fred’s

Walgreens and Fred’s announced today that they have entered into a definitive asset purchase agreement, where Walgreens will acquire pharmacy patient prescription files and related pharmacy inventory of 185 Fred’s stores located across 10 Southeastern states.

Approval reportedly near for CVS-Aetna deal

Approval reportedly near for CVS-Aetna deal

CVS Health Corp.’s planned acquisition of Aetna Inc. is close to getting the official go-ahead from federal regulators, according to a report published Wednesday by The Wall Street Journal, which said the deal could receive formal antitrust approval from the U.S.

CVS offering free wellness screenings across U.S.

CVS offering free wellness screenings across U.S.

In its continuing commitment to improve access to affordable health care for all Americans, CVS Health  is kicking off its annual Project Health campaign at select CVS Pharmacy locations in 11 communities across the country this Thursday, September 6, with free health and wellness screenings.

CVS says better transparency helping cut Rx costs

CVS says better transparency helping cut Rx costs

CVS Health released new data showing that the company’s real-time benefits program, powered by its proprietary engine, Script Intelligence, can save CVS Caremark pharmacy benefit management (PBM) members between $120 to $130 per prescription fill.