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Issue 11-23-2015

What it will take to get the WBA-Rite Aid deal done

What it will take to get the WBA-Rite Aid deal done

Estimates vary widely on the number of stores Walgreens Boots Alliance Inc. (WBA) will divest as part of its $17.2 billion acquisition of Rite Aid Corp. In a filing with the Securities and Exchange Commission, WBA said the deal allows for up to 1,000 outlets to be closed or sold “if required

CVS/pharmacy elevates the beauty care experience

CVS/pharmacy elevates the beauty care experience

Shortly after CVS Health decided in February 2014 to eliminate tobacco products from the merchandise mix at its drug stores, the company’s retail leadership team took the opportunity to reexamine the business. During those deliberations, beauty care quickly emerged as an area ripe for innovation.

Diab steps down at Walmart

Labeed Diab, president of health and wellness for Walmart U.S., has left the retailer to become chief operating officer at Brookdale Senior Living Co., an operator of assisted and independent living centers for elderly clients.

Local ties emphasized by Bartell in remodel

Local ties emphasized by Bartell in remodel

Bartell Drugs’ strategy of leveraging its hyper-local connections to differentiate itself from bigger rivals is on full display at a remodeled and expanded store that had its grand reopening earlier this month.

Rite Aid adds genetic testing to mix

Rite Aid Corp. and Harmonyx, a leader in affordable and accessible genetic testing, have announced the availability of selected genetic tests in all Rite Aid pharmacies except those in New York state. Rite Aid is the first U.S. drug store chain to offer Harmonyx genetic testing.

Walgreens enhances digital capabilities

Walgreens has expanded access to telehealth services and brought new mobile functionality to its Balance Rewards loyalty program, including integration with Apple Pay.

NACDS taps Barbour to speak

The National Association of Chain Drug Stores board of directors, top executives from NACDS associate member companies and nationally recognized thought leaders will have an opportunity during December’s NACDS Week in New York City to assess and anticipate highly consequential political and retail d

CVS backs provider collaboration initiative

Improved coordination between primary care providers and retail pharmacies and clinics is the aim of a collaboration announced earlier this month between the Health is Primary campaign and CVS Health.

Telepsychiatry provider is acquired by Genoa

Genoa, a QoL Healthcare company, has launched Genoa Telepsychiatry with its acquisition of 1DocWay, the nation’s largest outpatient telepsychiatry provider that offers an easy-to-use platform to connect mental health providers and patients.

FMI vice president Cathy Polley dies

Cathy Polley, a retail veteran who most recently served as vice president of health and wellness at the Food Marketing Institute and as executive director of the FMI Foundation, died November 2. She was 56. A registered pharmacist, Polley was hailed by many as a leading advocate for the ­profession.

Health care turmoil creates opportunity for Rx

Health care turmoil creates opportunity for Rx

More than five years after enactment of the Affordable Care Act, a measure designed to extend coverage to the uninsured and control expenditures, the turmoil in the U.S. health care system shows no signs of abating.

It’s time for drug chains to get creative

It’s time for drug chains to get creative

again. But the current promotion bears little resemblance to the event that, apparently eons ago, ushered in the Christmas selling season by offering shoppers, for a limited time on the day following Thanksgiving, holiday specials that lured customers into all manner of stores.