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Issue 06-15-2015

Schreiber returns to Canada to lead Rexall Health

Schreiber returns to Canada to lead Rexall Health

Canada’s Rexall/Rexall Pharma Plus drug chain has a new chief executive officer and a new operating structure. Former Shoppers Drug Mart chief executive Jürgen Schreiber has been named CEO of Rexall Health, a newly formed banner under the Katz Group.

CVS/pharmacy reaches out to Hispanics

CVS/pharmacy reaches out to Hispanics

Responding to one of the largest and most rapidly growing demographics in the United States, CVS/pharmacy has launched a “new shopping experience” aimed at the Hispanic community. The pharmacy chain has opened 12 CVS/pharmacy y mas (“and more”) stores in Miami.

Shoppers Drug Mart hones its loyalty program

Shoppers Drug Mart (SDM) is getting more personal with its loyalty program. The Canadian drug chain, part of Loblaw Cos., has enhanced its Shoppers Optimum loyalty program with a new platform designed to bring a personalized digital experience. The new offering is called “My Optimum. My Rewards.

Dollar General tabs Vasos as CEO

Todd Vasos took over as chief executive officer of Dollar General Corp. on June 3, succeeding Rick Dreiling. Dreiling, 61, will remain as board chairman through January 29 and serve as a senior adviser until that date. Vasos, 53, had been chief operating officer at Dollar General since 2013.

Fruth to bring Rx to two FoodFair locations

Shoppers who buy groceries from FoodFair will soon have more convenient access to picking up their prescriptions as well. A new partnership will bring Fruth Pharmacy inside two FoodFair locations — in Pomeroy, Ohio, in mid-June and Grayson, Ky., in mid-July.

HHS’ myhealthfinder is featured by CVS

CVS Health is making an online health tool developed by the Department of Health and Human Services (HHS) available via the CVS/pharmacy and MinuteClinic websites.

AmerisourceBergen to build three DCs

This summer, AmerisourceBergen Corp. plans to begin construction on three new distribution centers. The new facilities will be located in Olive Branch, Miss.; Shakopee, Minn.; and Newburgh, N.Y. AmerisourceBergen said building is expected take 18 to 24 months to complete.

ACA generates headlines in a variety of contexts

Some 13% of people who enrolled in health insurance plans this year under the Affordable Care Act have lost coverage, many because they failed to pay their share of premiums, the Obama administration ­reported. The number of people on the rolls as of March 31 stood at 10.2 million, down from the 11.

Harvard Drug Group sold to Cardinal

Cardinal Health Inc. plans to acquire pharmaceutical distributor The Harvard Drug Group (THDG) from private equity firm Court Square Capital Partners for $1.12 billion. Based in Livonia, Mich.

NABP recognizes Rite Aid’s Podgurski

Mike Podgurski, vice president of pharmacy services at Rite Aid Corp., has been named 2015 honorary president of the National Association of Boards of Pharmacy (NABP).

Dollar Tree is divesting 330 stores

As part of gaining regulatory approval for its acquisition of Family Dollar Stores Inc., Dollar Tree Inc. has agreed to sell 330 stores to private equity firm Sycamore Partners.

AmerisourceBergen aligns resources with Rx

AmerisourceBergen aligns resources with Rx

in Olive Branch, Miss.; Shakopee, Minn.; and Newburgh, N.Y. — to its distribution network, which handles some 35% of the pharmaceutical products sold in the United States. The multimillion-dollar investment to build and equip the warehouses will bring the amount of money the

Retail’s role deserves acknowledgement

Retail’s role deserves acknowledgement

the wrong kind of headlines. Some samples include the following: • CVS is being accused of targeting African-American and Hispanic shoppers as more likely to cause trouble than are Caucasian customers. • Walmart has reluctantly agreed to lower the temperature — by one degree