Once again, CVS succeeds in reinventing itself
Throughout the course of its history, CVS Health has demonstrated the ability to adapt to changes in the marketplace. Larry Merlo introduces CVS Health as the company’s new corporate identity.
Issue 12-08-2014
Walgreens’ new chief merchant bolsters retail leadership
Walgreen Co., looking to add top-level merchandising experience as it prepares for the upcoming merger with Alliance Boots GmbH, has named Linda Filler as president of retail products and chief merchandising officer. She begins the new role January 1.
ACA makes gains in health insurance enrollment
More than 1 million people applied for health insurance in the first week of the new open enrollment period under the Affordable Care Act, and nearly half chose plans. The numbers marked a strong relaunch for the government’s online insurance exchange after last year’s botched debut.
Walmart reshuffles merchandising team
Walmart has recast its merchandising team following the departure of Duncan Mac Naughton. Mac Naughton, who had been chief merchandising officer, left the company to pursue new opportunities.
Rite Aid expands health executives’ roles
Rite Aid Corp. has expanded the responsibilities of RediClinic chief executive officer Web Golinkin, giving him the additional role of CEO at its Health Dialog Services Corp. unit.
Walgreens, Ulta executives talk beauty strategy
Expanding customer loyalty to build beauty transactions is a goal for both Walgreen Co. and Ulta, according to executives for the retailers who spoke recently at Cosmetic Executive Women Newsmaker Forum.
Cardinal offers pharmacies more diabetes tools
Cardinal Health Inc. has enhanced its Diabetes Specialized Care Center with new education and training tools for pharmacists to help patients understand the disease better and manage their overall health better.
Target pilots new model for clinics
Target Corp. is testing a new in-store clinic model in collaboration with Kaiser Permanente. The companies have launched four Target Clinics in Southern California offering services typically unavailable in retail clinics.
Rexall’s Scorpiniti joins natural food retailer
Former Rexall Pharma Plus chief executive officer Frank Scorpiniti has taken the helm at the Earth Fare natural food retailer. Scorpiniti, a chain drug industry veteran who resigned from Rexall this fall, has been CEO of Earth Fare since October.
CVS Health plans digital innovation lab in Boston
With an eye on boosting its effort to develop an integrated pharmacy experience, CVS Health has signed a lease for office space in Boston that will be home to its new Digital Innovation Lab.
Court clears way for McKesson to integrate with Celesio
A German court has given the green light to McKesson Corp. and Celesio AG to operate as an integrated company.
Walgreens operations veteran Foley retires
John Foley, who in his most recent position served as corporate vice president for eastern operations at Walgreen Co., has retired after a 29-year career with the company.
Health care spending growth restrained by economy
National health spending last year continued a trend of low growth, according to an analysis from the Office of the Actuary at the Centers for Medicare and Medicaid Services (CMS). The CMS Office of the Actuary estimates that in 2013 U.S. health care spending in the grew at a rate of 3.6% over
NACDS: Republican wave extends to state level
The November midterm elections, which resulted in Republicans taking control of the Senate, also saw “significant Republican gains in state legislatures,” according to an analysis of the results by the National Association of Chain Drug Stores.
Pace of change makes the future less clear
Changes within the executive ranks in the chain drug industry are coming at a faster pace these days than at any time in the industry’s history.
Track-and-trace will reshape Rx supply chain
Sweeping changes will begin to transform the pharmaceutical supply chain at the start of 2015, when the first provisions of the Drug Supply Chain Security Act take effect.