Duane Reade keeps raising bar
In grand style, Duane Reade opened here what many industry observers are calling the most spectacular drug store ever.
Issue 07-18-2011
Analysis: Store alters parent company’s approach
The 22,000-square-foot Duane Reade drug store that opened its doors at 40 Wall Street for the first time in the days immediately following the Independence Day holiday has already received more news coverage and wider, more favorable exposure than any drug store that has yet opened its doors in Amer
Walgreens takes stand against PBM
At the end of this year, Walgreen Co. plans to stop filling prescriptions for people covered by Express Scripts Inc. after failing to agree on new contract terms with the pharmacy benefits manager. Express Scripts prescriptions are expected to be worth an estimated $5.
Rite Aid goes outside the box with new format
Inside Rite Aid Corp.’s latest drug store prototype are some outside-the-box ideas. Dubbed the “wellness store,” the format makes health care its hallmark while taking customer engagement to a higher level through personal service, interactive technology and a variety of shopping conveniences.
Navarro names Ortiz chief executive
Juan Ortiz has been named chief executive officer of Navarro Discount Pharmacy. He had been chief financial officer. The 46-year-old Ortiz succeeds Steve Kaczynski, who resigned to pursue other business interests.
CVS campaign promotes Rx care
CVS Caremark Corp. has created CARE 1on1 to remind consumers about the importance of pharmacist consultations and the critical role that pharmacists play in managing medications for chronic illnesses — especially when patients are starting a new medicine.
NACDS Marketplace a hit for buyers, sellers
Nearly 700 buyers and category managers from about 200 retail chains scoured the aisles of the Boston Convention Center to check out the latest items on display at the annual National Association of Chain Drug Stores Marketplace Conference.
Jean Coutu moves ahead despite challenges
The Jean Coutu Group had a year of healthy growth and improved profits, president and chief executive officer Francois Coutu said at the company’s annual meeting here earlier this month. And, he noted, Coutu’s franchisees had also fared better than might have been expected.
Rite Aid shifts three executives
Brian Fiala has been named executive vice president of human resources at Rite Aid Corp., one of several executive and senior management changes announced by the drug chain.
ExtraCare is enhanced by CVS
CVS/pharmacy has redesigned its ExtraBucks receipts and launched an interactive digital campaign that urges cardholders to take advantage of the rewards they have earned under the ExtraCare loyalty program.
Bartell’s hometown focus a competitive edge
Looking for the community drug store retailer that most effectively combines the most compelling advantages of a drug chain and an independent drug store? Look no further than Seattle-based Bartell Drug.
Wasson steers Walgreens in new directions
which Wasson’s three immediate predecessors often referred to as a “crawl, walk, run company”