Is social media the retailing wave of the future, or will it minimize store visits and decrease basket sizes? Whatever the answer is, retailers and suppliers agree that it’s here to stay, and they are dramatically boosting their links with shoppers through Facebook and Twitter as well as through mob
With Congress searching for ways to trim federal spending, the National Association of Chain Drug Stores is embarking on an advertising campaign to ensure that new lawmakers are aware of the role that community pharmacy can play in controlling health care costs.
Community pharmacies are the “backbone” of the Medicaid drug benefit, says Steve Anderson, president and chief executive officer of the National Association of Chain Drug Stores.
Larry Merlo has assumed the role of chief executive officer of CVS Caremark Corp. Merlo, who also holds the title of president, succeeded Tom Ryan, who will remain nonexecutive chairman until his retirement at the company’s annual shareholders meeting in May.
Hal Rosenbluth has announced his retirement as president of Walgreen Co.’s health and wellness division effective in April, but he plans to continue with the company as a senior consultant for health care services.
In a proposal that could appease some critics of federal health care reform, President Obama says he will support moving up the timetable in which states may opt out of the law.
The nation’s two largest drug store chains — Walgreen Co. and CVS Caremark Corp. — are ramping up their efforts to drive private label sales.
Drugstore.com says the proliferation of mobile applications and social media will help its sales climb to at least $750 million by 2013. The online retailer, which also operates the sites beauty.com, skinstore.com and visiondirect.
The Food and Drug Administration vows to remove about 500 unapproved cold and allergy medications from the market as part of an ongoing crackdown on ineffective prescription drugs.
To help Americans determine their risk for chronic diseases and get them on a path to better health, CVS/pharmacy has rolled out the 2011 “To Your Health” program, offering free preventive health screenings at more than 800 events nationwide.
when, at age 42, he became only the third CEO in the history of a retailer that began business as a
