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Medicine Shoppe phases out tobacco products

Medicine Shoppe phases out tobacco products

Medicine Shoppe International has become the latest pharmacy retailer to drop tobacco products. The Cardinal Health Inc. pharmacy franchise said Monday that nearly all Medicine Shoppe and Medicap Pharmacy franchisees have committed to not sell tobacco or tobacco-related products.

Care Pharmacies builds on strong year

Care Pharmacies builds on strong year

For Care Pharmacies, 2014 was a year of impressive top-line growth while the company continued to focus on infrastructure improvement with a number of technology initiatives. Sales for the year soared 26.6% to $463.

CVS Health gets 1Q boost from PBM

CVS Health gets 1Q boost from PBM

Citing a strong performance by its pharmacy benefit management business, CVS Health posted a double-digit sales gain for the first quarter, with adjusted earnings topping Wall Street’s projections. CVS said Friday that net sales for the three months ended March 31 totaled $36.33 billion, up 11.

Wasson honored by NACDS with Fantle Award

Wasson honored by NACDS with Fantle Award

Former Walgreen Co. president and chief executive officer Greg Wasson received the Sheldon W. Fantle Lifetime Achievement Award, the chain drug industry’s top honor, from the National Association of Chain Drug Stores last night at the NACDS Annual Meeting.

Edeker brings fresh perspective to NACDS

Edeker brings fresh perspective to NACDS

Although Randy Edeker is a relative newcomer to the National Association of Chain Drug Stores board of directors, he has already had an impact on the organization, one that will increase significantly this week when he becomes NACDS chairman.

Industry Outlook: Drug chains to get a lift

Industry Outlook: Drug chains to get a lift

Drug chains are leveraging their strengths of accessibility and convenience as they extend their core prescription drug business further into the health care realm and diversify their front-end mix.

Lewis Drug steps up its pace of expansion

Lewis Drug steps up its pace of expansion

Last year brought dramatic expansion for Lewis Drug, as it acquired 12 stores in three states. The pickups brought the chain’s store count at the start of 2015 to 46, and more purchases are in the works. In the first half of 2014 the retailer bought a half-dozen independent outlets across

Jean Coutu Group connects with its customers

Jean Coutu Group connects with its customers

Through its ability to forge solid relationships with shoppers, both those in the pharmacy and those at the front end, the Jean Coutu Group has been able to retain loyal customers as well as attract new clientele, according to president and chief executive officer François ­Coutu.