Skip to content

Issue 03-15-2010

CVS makes Bloom, Baker exec VPs

CVS Caremark Corp. has promoted four top executives on the retail side of its business. Scott Baker has been named executive vice president of internal operations and real estate. He oversees store operations, retail pharmacy operations and real estate.

Duane Reade CEO Lederer bullish about future

Walgreen Co.’s ownership will accelerate Duane Reade’s drive to be an urban drug chain without equal, according to Duane Reade chairman and chief executive officer John Lederer. “Our mission was to build the best urban drug store proposition in America,” says Lederer.

Frail parts ways with Walgreens

Eddie Frail, who joined Walgreen Co. last June as divisional vice president and general merchandise manager of seasonal and general merchandise, has left the company. No replacement has been named.

Kerr wins recognition for MTM services

Kerr Drug has retained its title as the top pharmacy chain in Outcomes Pharmaceutical Health Care’s national medication therapy management (MTM) network. With this most recent recognition, Kerr has been named the top pharmacy chain by Outcomes, an MTM services company, for three consecutive years.

Rx groups back jobs measure

One of the job creation bills being considered in the Senate contains good news for community pharmacy operators. The legislation includes a six-month extension of a temporary increase in the federal medical assistance percentage (FMAP).

Chain, independent Rx exhibit spirit of unity

A recent edition of The New York Times carried a story about the plight of independent pharmacies in America. Appearing under the headline, “For a Drugstore, ‘Nice’ Isn’t a Panacea,” the article does a good job outlining the strengths of independents and the challenges that they currently face.