With the next open-enrollment period for health insurance under the Affordable Care Act six weeks away, the National Association of Chain Drug Stores has advocated administrative changes to help people seeking health coverage in 2015.
The Canadian Association of Chain Drug Stores (CACDS) has changed its name.
Jon Giacomin is replacing Michael Kaufmann as chief executive officer of Cardinal Health Inc.’s pharmaceutical segment, effective November 11, at which time Kaufmann will become Cardinal’s chief financial officer.
Pharmacy is helping solve the “cost-quality-access conundrum” facing health care, says CVS Health president and chief executive officer Larry Merlo.
Walgreen Co. continues to move ahead with its planned acquisition of Alliance Boots GmbH. The company has filed documents with the Securities and Exchange Commission for the creation of a new holding company, Walgreens Boots Alliance Inc., which will be legally based in Delaware. Deerfield, Ill.
AB Acquisition LLC (Albertsons) and Safeway Inc. have chosen the leadership team that will head the combined supermarket company when its planned merger is completed.
Walmart is rebranding its Walmart Express store format to Walmart Neighborhood Market. That means the 21 Walmart Express stores now in business and others in development will become Neighborhood Markets. The change was announced earlier this month.
Pharmaca Integrative Pharmacy has debuted a store in Seattle’s Queen Anne neighborhood here, its fifth in Washington state. The new outlet offers a one-stop shopping experience for natural health and beauty products and services.
Legislation designed to combat the abuse of prescription medications has been introduced in the U.S. Senate, following passage of a similar bill in the House.
Home Depot Inc. said that the malware hackers used to steal an estimated 56 million debit and credit card numbers from its customers in the United States and Canada between April and earlier this month has been eliminated from its store networks, closing off the cyberthieves’ point of entry.
The directors of Family Dollar Stores Inc. continue to back Dollar Tree Stores Inc.’s bid to acquire their company, despite Dollar General Corp.’s higher offer. Dollar General has made a hostile bid for its dollar store rival. It has offered $80 per share, or $9.1 billion.
CVS Health has hired Mary Langowski as executive vice president for strategy, policy and market development, effective October 14. Langowski will focus on identifying and expanding enterprise opportunities as the company seeks an increasingly prominent role in the health care system, CVS says.
In a year crammed with major news stories, cataclysmic personnel shifts and stunning new strategies and directions, the No. 1 retailing story of 2014 increasingly appears to be the CVS decision, announced early this year, to stop selling tobacco products in its 7,700 drug stores.
October 1 is the first anniversary of the debut of the federal and state health care exchanges that allow Americans to assess insurance options and purchase coverage under the Affordable Care Act. Since then 7.3 million people have signed up, and another 4.
When President Ronald Reagan signed the Drug Price Competition and Patent Term Restoration Act 30 years ago, few could imagine how the law would transform the health care landscape.
Are we seeing the first early “green shoots” of a new industry disruptor? Possibly. Big Pharma has started experimenting with direct-to-consumer models to fill prescriptions, effectively circumventing the retail pharmacy.
