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Issue 01-04-2010

Health care reform advances

Health care reform took a major step closer to becoming a reality late last month when Democrats in the Senate were able to muster the necessary votes to block a Republican filibuster and move their proposal forward. The procedural vote, which was held shortly after 1 a.m. on a Sunday night, saw all

NACDS conference to eye regional chains’ needs

With the industry’s smaller chains facing what many have described as an uphill battle, the National Association of Chain Drug Stores Regional Chain Conference next month will touch on a variety of topics relevant to the future of those companies.

Pelosi asked to consider increasing FULs

As the House and Senate health care bills go into the reconciliation process, 16 representatives have urged House Speaker Nancy Pelosi (D., Calif.) to consider a higher federal upper limit (FUL) to determine reimbursements for Medicaid prescriptions filled with generic drugs.

Lofberg, Bisaccia tapped for key posts at CVS Caremark

Per Lofberg has been named president of CVS Caremark Corp.’s pharmacy benefits management business. In addition, the company has appointed Lisa Bisaccia as senior vice president and chief human resources officer. Lofberg, who was president and chief executive officer of Generation Health Inc.

Drugstore.com inks deal with Luxottica

Drugstore.com has formed a multiyear partnership with optical store chain operator Luxottica Group SpA to expand online access to contact lenses in North America. Under the deal drugstore.com subsidiary Vision Direct Inc. (visiondirect.

Alliance Boots recognized as top global chain

Alliance Boots recognized as top global chain

Alliance Boots, the multifunctional global retailer and wholesaler, one that dominates the United Kingdom’s retail drug store segment, towers over Europe’s wholesale drug business and brings to the international retail community one of the planet’s dominant and most respected consumer goods brands,

Giancamilli lauded for distinguished career

Giancamilli lauded for distinguished career

To hear Andy Giancamilli tell it, one of the surest avenues to success in business, as in life, is to be in the right place at the right time. Throughout the course of his 34-year career in community pharmacy and mass market retailing, the chief executive officer of Katz Group North America

Duane Reade’s Magnacca named top merchant

Duane Reade’s Magnacca named top merchant

In just over a year as chief merchandising officer of Duane Reade Inc., Joe Ma­gnacca has put his stamp on the chain in a way equaled by few other retailers. The newest and most recently remodeled Duane Reade stores are all but unrecognizable for New York City shoppers accustomed to older units

Walgreens’ makeover a game-changing event

The year that just ended has seen the Walgreen Co. transform itself more suddenly, dramatically and, to some observers, inexplicably than any mass retailer in the industry’s annals. Go back to the last months of 2007. Walgreens was hardly a focus of undue industry attention.